To specify the ineligibility requirements based on illegal activity or criminal record applicable to the Paycheck Protection Program and certain emergency relief programs under the CARES Act, and for other purposes.
USA116th CongressHR-6779| House
| Updated: 5/8/2020
Alexandria Ocasio-Cortez
Democratic Representative
New York
Cosponsors (1)
Small Business Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill extends to specified loan applicants certain eligibility requirements for participation in SBA programs that currently apply only to intermediaries (entities that borrow funds from the Small Business Administration to make loans to small businesses). Specifically, the bill applies eligibility requirements for intermediaries that are based on illegal activity to any applicant for a loan under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
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Timeline
Introduced in House
Referred to the House Committee on Small Business.
Commerce
Administrative law and regulatory proceduresBusiness expensesCardiovascular and respiratory healthCriminal justice information and recordsEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessSmall Business AdministrationWages and earnings
To specify the ineligibility requirements based on illegal activity or criminal record applicable to the Paycheck Protection Program and certain emergency relief programs under the CARES Act, and for other purposes.
USA116th CongressHR-6779| House
| Updated: 5/8/2020
This bill extends to specified loan applicants certain eligibility requirements for participation in SBA programs that currently apply only to intermediaries (entities that borrow funds from the Small Business Administration to make loans to small businesses). Specifically, the bill applies eligibility requirements for intermediaries that are based on illegal activity to any applicant for a loan under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Small Business.
Alexandria Ocasio-Cortez
Democratic Representative
New York
Cosponsors (1)
Small Business Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBusiness expensesCardiovascular and respiratory healthCriminal justice information and recordsEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessSmall Business AdministrationWages and earnings