Promoting Flexibility for Small Business Owners Act
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Promoting Flexibility for Small Business Owners Act This bill extends certain deadlines related to loan forgiveness that are applicable to a loan recipient under the Paycheck Protection Program, which was established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill extends by at least one month the covered period during which a loan recipient must spend the loan to be eligible for loan forgiveness. The bill also extends by one month the deadline for a small business to rehire employees or eliminate salary or wage reductions to be eligible for loan forgiveness. The bill authorizes the Small Business Administration, after considering specified criteria, to further extend the deadline for rehiring employees or eliminating salary or wage reductions for entities within certain industry categories.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2020 · second_quarter · Disaster Planning/Emergencies
Discussion of issues related to travel industry recovery and essential industries in COVID-19 pandemic. H.R. 748: Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020 (provisions related to small business lending, unemployment insurance and economic stabilization). H.R. 6816: Promoting Flexibility for Small Business Owners Act of 2020. H.R. 7010: Paycheck Protection Program Flexibility Act of 2020.
Client expense: $230,000 · Firm income: Not reported
Referred to the House Committee on Small Business.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Natl Park Service (NPS), SENATE, State, Dept of (DOS), Treasury, Dept of
2020 · second_quarter · Disaster Planning/Emergencies
Discussion of issues related to travel industry recovery and essential industries in COVID-19 pandemic. H.R. 748: Coronavirus Aid, Relief and Economic Security (CARES) Act of 2020 (provisions related to small business lending, unemployment insurance and economic stabilization). H.R. 6816: Promoting Flexibility for Small Business Owners Act of 2020. H.R. 7010: Paycheck Protection Program Flexibility Act of 2020.
Client expense: $230,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Natl Park Service (NPS), SENATE, State, Dept of (DOS), Treasury, Dept of
| Democratic |
| FL |