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
“Rep. Tulsi Gabbard Cosponsors Bill to Help Independent Restaurants Devastated by Coronavirus Crisis”
— Rep. Tulsi Gabbard [D-HI2] (Co-sponsor) on Aug 5, 2020
“Bacon champions for local funding in ne-02 through legislation”
— Rep. Don Bacon [R-NE2] (Co-sponsor) on Oct 20, 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.
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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. October 25, 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=October 25, 2020
|author=116th Congress (2020)
|date=May 26, 2020
|quote=Paycheck Protection Program Flexibility Act of 2020
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