To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

Bill: 117-hr-1840
Sponsor: full_name: Rep. Malliotakis, Nicole [R-NY-11]
Introduced: 2021-03-11
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

Small business

Wages and earnings
Latest action: action_date: 2021-03-11
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2021-03-11
action_desc: Introduced in House
text: <p>This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), through June 30, 2021. Currently, the program is set to expire on March 31, 2021.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 1840 IN THE HOUSE OF REPRESENTATIVES March 11, 2021 Ms. Malliotakis (for herself and Ms. Stefanik ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

1. Extension of covered period for paycheck protection program (a) In general Section 7(a)(36)(A)(iii) of the Small Business Act ( 15 U.S.C. 636(a)(36)(A)(iii) ) is amended by striking March 31, 2021 and inserting June 30, 2021 . (b) Funding Section 1102(b)(1) of the CARES Act ( Public Law 116–136 ), as amended by section 323 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act ( Public Law 116–260 ), is amended by striking March 31, 2021 and inserting June 30, 2021 .