3.0.0 3711 2022-12-29T21:33:29Z 2022-12-29T21:33:29Z Senate S 2022-02-28 117 ssev00 Environment and Public Works Committee Senate Standing Referred to 2022-03-01T00:21:12Z National Defense Authorization Act for Fiscal Year 2022 117 4350 HR 2022-03-01 Returned to the Calendar. Calendar No. 144. Related bill CRS Small Business COVID Relief Act of 2022 117 4008 S 2022-05-19 Cloture on the motion to proceed not invoked in Senate by Yea-Nay Vote. 52 - 43. Record Vote Number: 192. (CR S2614) Related bill CRS Paycheck Protection Program Fairness for Engineering Services Act 117 7838 HR 2022-05-20 Referred to the Subcommittee on Highways and Transit. Related bill CRS 2022-02-28 ssev00 Environment and Public Works Committee Senate Read twice and referred to the Committee on Environment and Public Works. IntroReferral 2022-02-28 Introduced in Senate IntroReferral 10000 9 Library of Congress B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN N D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2022-02-28 True C001096 Sen. Cramer, Kevin [R-ND] Kevin Cramer R ND 2022-05-26 False C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2022-06-09 False Transportation and Public Works Transportation and Public Works 00 2022-02-28 Introduced in Senate 2022-09-01T17:34:21Z This bill exempts until June 30, 2025, certain contractors that receive federal highway or public transportation funding from having to adjust costs associated with their contracts to account for loan forgiveness through the Paycheck Protection Program (PPP). (The PPP provided small businesses with loans for payroll and other costs to respond to the COVID-19 emergency with loan forgiveness under certain conditions.)

Under current law, a contractor with a cost-reimbursable contract must reduce costs or provide cash refunds to the Department of Transportation (or a state department of transportation) if the contractor receives or accrues any income, rebate, allowance, or other credit relating to an allowable contract cost, which includes PPP loan forgiveness.

]]> A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes. Display Title A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes. Official Title as Introduced A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-02-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3711is/xml/BILLS-117s3711is.xml 2022-02-28 Read twice and referred to the Committee on Environment and Public Works. 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.