HR 2727
118th Congress
House
Commerce
EIDL Relief Act
Introduced: April 19, 2023
Introduced by:
Strickland, Marilyn
Democratic
· Washington
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2023
Referred to the House Committee on Small Business.
Apr 19, 2023
Introduced in House
Plain-English summary
EIDL Relief Act
This bill provides temporary relief for certain borrowers of Economic Injury Disaster Loans (EIDL) that were made in response to the COVID-19 emergency. Specifically, for one year, the Small Business Administration must reduce the interest rate and limit the monthly payment due for borrowers of these loans experiencing short-term financial challenges.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1