Bill Sponsor
House Bill 7175
116th Congress(2019-2020)
Paycheck Protection for Producers Act
Introduced
Introduced
Introduced in House on Jun 11, 2020
Overview
Text
Sponsor
Introduced
Jun 11, 2020
Latest Action
Jun 11, 2020
Origin Chamber
House
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
7175
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
Democrat
Wisconsin
Democrat
California
Democrat
Illinois
Republican
Illinois
Republican
Illinois
Republican
Indiana
Republican
Minnesota
Republican
Pennsylvania
Republican
Pennsylvania
Republican
Pennsylvania
Republican
Pennsylvania
House Votes (0)
Senate Votes (0)
No House 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)
June 11, 2020
Actions (2)
06/11/2020
Referred to the House Committee on Small Business.
06/11/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:15:05 PM