Paycheck Protection for Producers Act
USA116th CongressS-3918| Senate
| Updated: 6/9/2020
John Thune
Republican Senator
South Dakota
Cosponsors (2)
Small Business and Entrepreneurship Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Paycheck Protection for Producers Act This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income. Under current law, such farmers must calculate their paycheck protection loan amount based on net income.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)
Commerce
Agricultural prices, subsidies, creditBusiness expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings
Paycheck Protection for Producers Act
USA116th CongressS-3918| Senate
| Updated: 6/9/2020
Paycheck Protection for Producers Act This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income. Under current law, such farmers must calculate their paycheck protection loan amount based on net income.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)
John Thune
Republican Senator
South Dakota
Cosponsors (2)
Small Business and Entrepreneurship Committee
Commerce
Related Bills
- S 116-4773: Continuing the Paycheck Protection Program Act
- HR 116-7175: Paycheck Protection for Producers Act
- S 116-4321: Continuing Small Business Recovery and Paycheck Protection Program Act
- S 116-4775: Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act
- HR 116-8265: To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Agricultural prices, subsidies, creditBusiness expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings