PPP Second Draw Fairness Act of 2021
Summary
PPP Second Draw Fairness Act of 2021 This bill allows applicants for second draw loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to select any consecutive 90-day period in 2020 from which to demonstrate a qualifying loss in revenue that makes them eligible for such loans. Currently, this qualification period must align with a corresponding calendar quarter from the previous year.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 16, 2021
Last action Apr 16, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 16, 2021
Committee
Referred to the House Committee on Small Business.
lower
Apr 16, 2021
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Troy Balderson
RRepublican
Co
Angie Craig
DDemocratic
Co
Ashley Hinson
RRepublican
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