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HOUSE 809117th CongressReferred to the House Committee on Small Business.

LIFT UP Act of 2021

Last Action
2/4/2021

Actions

  • 2021-02-04Referred to the House Committee on Small Business.
  • 2021-02-04Introduced in House
  • 2021-02-04Introduced in House

CRS Summary

As of 2021-02-04 (00)

Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2021 or the LIFT UP Act of 2021

This bill extends the six-month period during which the Small Business Administration (SBA) must subsidize payments on certain loans made in response to COVID-19 (i.e., coronavirus disease 2019) for those who have previously received SBA disaster assistance for non-COVID emergencies.

Cosponsors (5)

  • Michael McCaul (R-TX)
  • Brian Fitzpatrick (R-PA)
  • ELEANOR NORTON (D-DC)
  • Angie Craig (D-MN)
  • Elaine Luria (D-VA)

Subjects

  • Cardiovascular and respiratory health
  • Disaster relief and insurance
  • Economic performance and conditions
  • Emergency medical services and trauma care
  • Government lending and loan guarantees
  • Infectious and parasitic diseases
  • Interest, dividends, interest rates
  • Small business
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.