3.0.0 6754 2023-01-11T13:42:59Z 2023-01-11T13:42:59Z House HR 2020-05-08 116 [Congressional Record Volume 166, Number 87 (Friday, May 8, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. FLETCHER:H.R. 6754.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1: ``To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States.''[Page H1986]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-05-08T14:07:10Z The Heroes Act 116 6800 HR 2020-07-23 Committee on Small Business and Entrepreneurship. Hearings held. Related bill CRS 2020-05-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-05-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-05-08 Introduced in House IntroReferral 1000 9 Library of Congress F000468 Rep. Fletcher, Lizzie [D-TX-7] Lizzie Fletcher D TX 7 N C001119 Rep. Craig, Angie [D-MN-2] Angie Craig D MN 2 2020-05-08 True K000394 Rep. Kim, Andy [D-NJ-3] Andy Kim D NJ 3 2020-05-08 True R000602 Rep. Rice, Kathleen M. [D-NY-4] Kathleen Rice D NY M. 4 2020-07-06 False S001211 Rep. Stanton, Greg [D-AZ-9] Greg Stanton D AZ 9 2020-09-14 False F000467 Rep. Finkenauer, Abby [D-IA-1] Abby Finkenauer D IA 1 2020-11-19 False N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2020-11-30 False W000825 Rep. Wexton, Jennifer [D-VA-10] Jennifer Wexton D VA 10 2020-12-02 False N000191 Rep. Neguse, Joe [D-CO-2] Joe Neguse D CO 2 2020-12-02 False W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2020-12-02 False B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2020-12-02 False P000614 Rep. Pappas, Chris [D-NH-1] Chris Pappas D NH 1 2020-12-03 False D000598 Rep. Davis, Susan A. [D-CA-53] SUSAN DAVIS D CA A. 53 2020-12-03 False M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2020-12-07 False L000560 Rep. Larsen, Rick [D-WA-2] RICK LARSEN D WA 2 2020-12-07 False S001209 Rep. Spanberger, Abigail Davis [D-VA-7] Abigail Spanberger D VA Davis 7 2020-12-15 False K000368 Rep. Kirkpatrick, Ann [D-AZ-2] Ann Kirkpatrick D AZ 2 2020-12-15 False R000599 Rep. Ruiz, Raul [D-CA-36] Raul Ruiz D CA 36 2020-12-24 False Taxation Business expenses Cardiovascular and respiratory health Emergency medical services and trauma care Government lending and loan guarantees Income tax deductions Income tax exclusion Infectious and parasitic diseases Interest, dividends, interest rates Public utilities and utility rates Small business Wages and earnings Taxation 00 2020-05-08 Introduced in House 2020-05-27T18:27:05Z Protecting the Paycheck Protection Program Act of 2020

This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.

]]> Protecting the Paycheck Protection Program Act of 2020 Display Title Protecting the Paycheck Protection Program Act of 2020 Official Title as Introduced To provide clarification regarding the tax treatment of expenses paid or incurred with proceeds from Paycheck Protection Program loans. Introduced in House IH Short Title(s) as Introduced Protecting the Paycheck Protection Program Act of 2020 Introduced in House IH Introduced in House 2020-05-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6754ih/xml/BILLS-116hr6754ih.xml 2020-05-08 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.