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Senate Bill 3918
116th Congress(2019-2020)
Paycheck Protection for Producers Act
Introduced
Introduced
Introduced in Senate on Jun 9, 2020
Overview
Text
Sponsor
Republican
Introduced
Jun 9, 2020
Latest Action
Jun 9, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3918
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
John Thune
South Dakota
Republican
Joni Ernst
Iowa
Democrat
Tammy Baldwin
Wisconsin
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Paycheck Protection for Producers Act

This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income.

Under current law, such farmers must calculate their paycheck protection loan amount based on net income.

Text (1)
Introduced in Senate
June 9, 2020
Related Bills (5)
Sep 30, 2020
Introduced in Senate
1
Sponsorship
Senate Bill 4775
A bill to provide continued emergency assistance, educational support, and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Sep 30, 2020
Introduced in Senate
2
Sponsorship
Senate Bill 4773
A bill to establish the Paycheck Protection Program Second Draw Loan, and for other purposes.
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Sep 16, 2020
Introduced in House
70
Sponsorship
House Bill 8265
To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Jul 27, 2020
Introduced in Senate
2
Sponsorship
Senate Bill 4321
Continuing Small Business Recovery and Paycheck Protection Program Act
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Jun 11, 2020
Introduced in House
17
Sponsorship
House Bill 7175
Paycheck Protection for Producers Act
Introduced
Type
Identical Bill
Identical Bill
A bill that is word-for-word identical to another bill. Bills are characterized as identical to each other at the introduced stage only, even though a later (e.g., reported or passed) version of a bill might meet the same criteria for text similarity. Companion measures, procedurally-related measures, and legislation with text similarities are other related bill types.
Identified By
CRS
Actions (2)
06/09/2020
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)
06/09/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:16 PM
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