To amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes.
Sponsor and status
Sponsor. Representative for Minnesota's 3rd congressional district. Democrat.
Last Updated: Jun 5, 2020
Length: 3 pages
116th Congress (2019–2021)
Enacted — Signed by the President on Jun 5, 2020
This bill was enacted after being signed by the President on June 5, 2020.
What legislators are saying
“Phillips PPP Bill Becomes Law, Urgent Aid Now More Useful for Small Businesses”
— Rep. Dean Phillips [D-MN3] (Sponsor) on Jun 16, 2020
“Meng Announces Changes to Paycheck Protection Program to Aid Queens Small Business Owners”
— Rep. Grace Meng [D-NY6] (Co-sponsor) on Jun 13, 2020
This bill incorporates provisions from:
S. 3805: Paycheck Protection Program Flexibility Act of 2020
Introduced on May 21, 2020. 85% incorporated. (compare text)
H.R. 7010 is a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 7010. This is the one from the 116th Congress.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2020). H.R. 7010 — 116th Congress: Paycheck Protection Program Flexibility Act of 2020. Retrieved from https://www.govtrack.us/congress/bills/116/hr7010
“H.R. 7010 — 116th Congress: Paycheck Protection Program Flexibility Act of 2020.” www.GovTrack.us. 2020. July 9, 2020 <https://www.govtrack.us/congress/bills/116/hr7010>
Paycheck Protection Program Flexibility Act of 2020, Pub. L. No. 116-142, H.R. 7010, 116th Cong..
|title=H.R. 7010 (116th)
|accessdate=July 9, 2020
|author=116th Congress (2020)
|date=May 26, 2020
|quote=Paycheck Protection Program Flexibility Act of 2020
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