Expanding Assistance to Farmers Act of 2020 This bill expands allowable uses and forgivable expenses for amounts provided under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain property rental payments made by an agricultural enterprise. Such rental payments must be made on property that is used solely for the agricultural enterprise and shall include equipment (e.g., tractors, combines, and planters), land, and buildings.
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Timeline
Introduced in House
Referred to the House Committee on Small Business.
Introduced in House
Referred to the House Committee on Small Business.
Commerce
Agricultural equipment and machineryAgricultural prices, subsidies, creditBusiness expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings
Expanding Assistance to Farmers Act of 2020
USA116th CongressHR-7619| House
| Updated: 7/16/2020
Expanding Assistance to Farmers Act of 2020 This bill expands allowable uses and forgivable expenses for amounts provided under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain property rental payments made by an agricultural enterprise. Such rental payments must be made on property that is used solely for the agricultural enterprise and shall include equipment (e.g., tractors, combines, and planters), land, and buildings.
Agricultural equipment and machineryAgricultural prices, subsidies, creditBusiness expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings