To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan.

Bill: 116-hr-6987
Sponsor: full_name: Rep. McKinley, David B. [R-WV-1]
Introduced: 2020-05-22
Policy area: Commerce
Subjects: Business expenses

Cardiovascular and respiratory health

Emergency medical services and trauma care

Government lending and loan guarantees

Infectious and parasitic diseases

Public utilities and utility rates

Small business

Solid waste and recycling

Wages and earnings
Latest action: action_date: 2020-05-22
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2020-05-22
action_desc: Introduced in House
text: <p>This bill expands loan forgiveness under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include amounts from a paycheck protection loan that a recipient expends for waste and recycling collection.</p>

tv_txt: I 116th CONGRESS 2d Session H. R. 6987 IN THE HOUSE OF REPRESENTATIVES May 22, 2020 Mr. McKinley (for himself, Mr. Tonko , Mr. Shimkus , Ms. Clarke of New York , and Mr. Pallone ) introduced the following bill; which was referred to the Committee on Small Business A BILL To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan.

1. Inclusion of waste and recycling collection services Section 1106(a)(5) of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ) is amended by inserting waste and recycling collection, or for after service for .