PPP Equity Act of 2021 This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.
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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
Cardiovascular and respiratory healthEconomic performance and conditionsFood industry and servicesGovernment lending and loan guaranteesInfectious and parasitic diseasesWages and earnings
PPP Equity Act of 2021
USA117th CongressHR-2583| House
| Updated: 4/15/2021
PPP Equity Act of 2021 This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.
Cardiovascular and respiratory healthEconomic performance and conditionsFood industry and servicesGovernment lending and loan guaranteesInfectious and parasitic diseasesWages and earnings