[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1533 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 1533

To extend the deferment of EIDL loans made in response to COVID-19 from 
                           1 year to 2 years.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 3, 2021

Ms. Salazar (for herself, Ms. Davids of Kansas, Mr. Meuser, Ms. Craig, 
and Mr. Diaz-Balart) introduced the following bill; which was referred 
                   to the Committee on Small Business

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                                 A BILL


 
To extend the deferment of EIDL loans made in response to COVID-19 from 
                           1 year to 2 years.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``COVID Economic Injury Disaster Loan 
Relief Act''.

SEC. 2. EXTEND EIDL DEFERMENT.

    With respect to any loan made under section 7(b)(2) of the Small 
Business Act (15 U.S.C. 636(b)(2)) in response to COVID-19, the payment 
of principal and interest charges shall be suspended for the 2-year 
period beginning on the date on which such loan is or was made.
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