Senate
May 21, 2020Paycheck Protection Program Flexibility Act of 2020
Summary
Official
Paycheck Protection Program Flexibility Act of 2020 This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan that has a remaining...
Bill Progress
Bill has been introduced and assigned a number
Introduced(5/21/20)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
AK
Mr. King
Senate (I) Maine
Cosponsors (8)
Topics
Latest Action
Read twice and referred to the Committee on Finance.
May 21, 2020