3.0.0 4101 2023-01-11T13:46:07Z 2023-01-11T13:46:07Z Senate S 2020-06-30 116 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2020-06-30T18:37:11Z LIFT UP Act of 2020 116 7928 HR 2020-08-04 Referred to the House Committee on Small Business. Related bill CRS RECOVERY Act 116 4537 S 2020-09-08 Read twice and referred to the Committee on Finance. Related bill CRS 2020-06-30 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2020-06-30 Introduced in Senate IntroReferral 10000 9 Library of Congress C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX N R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2020-06-30 True C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2020-06-30 True T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2020-06-30 True Commerce Cardiovascular and respiratory health Disaster relief and insurance Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Interest, dividends, interest rates Small business Commerce 00 2020-06-30 Introduced in Senate 2020-07-16T14:22:31Z Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020 or the LIFT UP Act

This bill modifies specified debt relief made available to small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the Small Business Administration must pay the principal, interest, and any associated fees that are owed on certain disaster loans made to small businesses prior and unrelated to COVID-19 for a six-month period.

]]> LIFT UP Act Display Title LIFT UP Act Short Title(s) as Introduced LIFT UP Act Introduced in Senate IS Short Title(s) as Introduced Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to expand the payment of principal, interest, and fees for certain disaster loans under the CARES Act, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-06-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s4101is/xml/BILLS-116s4101is.xml 2020-06-30 Read twice and referred to the Committee on Small Business and Entrepreneurship. 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.