HOUSE 2583117th CongressReferred to the House Committee on Small Business.

PPP Equity Act of 2021

Last Action: 4/15/2021

Actions

2021-04-15Referred to the House Committee on Small Business.
2021-04-15Introduced in House
2021-04-15Introduced in House

CRS Summary

As of 2021-04-15 (00)

PPP Equity Act of 2021

This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.

Cosponsors (10)

Abigail Spanberger (D-VA)
Cynthia Axne (D-IA)
Troy Balderson (R-OH)
Angie Craig (D-MN)
Don Bacon (R-NE)
Cheri Bustos (D-IL)
Michelle Fischbach (R-MN)
Joe Neguse (D-CO)
Elise Stefanik (R-NY)
Antonio Delgado (D-NY)

Subjects

Cardiovascular and respiratory health
Economic performance and conditions
Food industry and services
Government lending and loan guarantees
Infectious and parasitic diseases
Wages and earnings

Read on Congress.gov

Sourced from Congress.gov (public domain).

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