3.0.0 7894 2023-01-11T13:45:46Z 2023-01-11T13:45:46Z House HR 2020-07-31 116 [Congressional Record Volume 166, Number 136 (Friday, July 31, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CURTIS:H.R. 7894.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution[Page H4214]]]> hswm00 Ways and Means Committee House Standing hswm05 Tax Subcommittee Referred to 2020-07-31T14:41:02Z Referred to 2020-07-31T13:02:20Z hssm00 Small Business Committee House Standing Referred to 2020-07-31T13:02:15Z 2020-07-31 hswm05 Tax Subcommittee 1 House committee actions Referred to the Subcommittee on Select Revenue Measures. Committee 2020-07-31 Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-07-31 Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-07-31 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-07-31 Introduced in House IntroReferral 1000 9 Library of Congress C001114 Rep. Curtis, John R. [R-UT-3] John Curtis R UT R. 3 N R000614 Rep. Roy, Chip [R-TX-21] Chip Roy R TX 21 2020-07-31 True V000133 Rep. Van Drew, Jefferson [R-NJ-2] Jefferson Van Drew R NJ 2 2020-07-31 True M001204 Rep. Meuser, Daniel [R-PA-9] Daniel Meuser R PA 9 2020-07-31 True W000826 Rep. Wild, Susan [D-PA-7] Susan Wild D PA 7 2020-07-31 True A000377 Rep. Armstrong, Kelly [R-ND-At Large] Kelly Armstrong R ND 0 2020-08-18 False C001122 Rep. Cunningham, Joe [D-SC-1] Joe Cunningham D SC 1 2020-09-11 False C001063 Rep. Cuellar, Henry [D-TX-28] Henry Cuellar D TX 28 2020-09-15 False H001082 Rep. Hern, Kevin [R-OK-1] Kevin Hern R OK 1 2020-09-23 False H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 2020-09-23 False P000616 Rep. Phillips, Dean [D-MN-3] Dean Phillips D MN 3 2020-10-01 False Commerce Business expenses Cardiovascular and respiratory health Emergency medical services and trauma care Government lending and loan guarantees Health technology, devices, supplies Income tax deductions Infectious and parasitic diseases Medical tests and diagnostic methods Public participation and lobbying Retail and wholesale trades Small business Tax-exempt organizations Wages and earnings Worker safety and health Commerce 00 2020-07-31 Introduced in House 2020-08-27T14:20:14Z Paycheck Protection Program Small Business Enhancement Act

This bill extends the duration of, authorizes subsequent loans under, and otherwise modifies the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill extends the Paycheck Protection Program through December 31, 2020. It also authorizes a recipient of a paycheck protection loan to apply for a subsequent loan made under the same terms, conditions, and process, and for which the recipient shall be eligible for forgiveness in the same manner, as an initial paycheck protection loan.

Further, the bill expands program eligibility to include (1) organizations such as business leagues and chambers of commerce, and (2) franchisors or franchisees that employ not more than 500 employees per physical location. The bill also prohibits the use of program amounts for lobbying activities and makes eligible expenses tax deductible. In addition, the bill provides for an abbreviated process for forgiveness of a paycheck protection loan that is not more than $150,000.

]]> Paycheck Protection Program Small Business Enhancement Act Display Title Paycheck Protection Program Small Business Enhancement Act Short Title(s) as Introduced Paycheck Protection Program Small Business Enhancement Act Introduced in House IH Official Title as Introduced To require the Administrator of the Small Business Administration to establish a program to provide certain borrowers with a second loan under the paycheck protection program, to modify the eligibility and forgiveness requirement of the program, and for other purposes. Introduced in House IH Introduced in House 2020-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7894ih/xml/BILLS-116hr7894ih.xml 2020-07-31 Referred to the Subcommittee on Select Revenue Measures. 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.