<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="116" measure-type="s" measure-number="4954" measure-id="id116s4954" originChamber="SENATE" orig-publish-date="2020-12-03" update-date="2020-12-22">
<title>Simplifying PPP Forgiveness Act</title>
<summary summary-id="id116s4954v00" currentChamber="SENATE" update-date="2020-12-22">
<action-date>2020-12-03</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p>This bill revises the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to simplify the application process for loan forgiveness and to establish or certify an online calculator that allows loan recipients to (1) estimate the amount of forgiveness for which they are eligible, and (2) assist with their loan forgiveness applications.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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</BillSummaries>
