H.R. 6781
Referred to CommitteePaycheck Protection Program Improved Coordination Act of 2020
Latest Action
Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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.
5/8/2020 • House
Summary
Paycheck Protection Program Improved Coordination Act of 2020
This bill coordinates the Paycheck Protection Program (PPP), established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), with the employee retention tax credit for employers subject to closure due to COVID-19, by allowing loan amounts not forgiven under the PPP to be taken into account for purposes of the retention tax credit.
Introduced in House • 5/8/2020
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Sponsor & Cosponsors (4)
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Cosponsors (3)
Bill Journey
Originated in the House
Introduced
May 8, 2020
Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, 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.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
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Enacted into Law
Text Versions (1)
Related Bills (6)
H.R. 6776
JOBS Credit Act of 2020
H.R. 6800
The Heroes Act
S. 3793
Paycheck Security Act
S. 4318
American Workers, Families, and Employers Assistance Act
S. 4818
Heroes Small Business Lifeline Act
S. 4268
Employer Assistance Coordination Act