PPP Extension Act of 2021 became law 19 days after introduction, with cosponsors from both parties
IntroducedMar 11, 2021
Reported—
Passed one chamberMar 16, 2021
Passed bothMar 25, 2021
LawMar 30, 2021
What it changes · CRS summary
Written by the Congressional Research Service [2]. 101 words.
PPP Extension Act of 2021 This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), through June 30, 2021. Currently, the program is set to expire on March 31, 2021. For the final 30 days of the program (i.e., from June 1 until June 30), the Small Business Administration may only process applications submitted prior to June 1, and it may not accept any new loan applications. The bill excludes the budgetary effects of this bill from PAYGO scorecards under the Statutory Pay-As-You-Go Act of 2010 and from Senate PAYGO scorecards.
Context
- Committees
- House Small Business Committee
- Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 1 of 15 bills enacted since 2013
- Text versions
- 5, from enrolled bill to public law · 684 words
- Subjects
- Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall business +1 more
- Latest action
- Mar 30, 2021: Became Public Law No: 117-6.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 3
Each bill appears once, under its strongest link. 3 in all.
Identical or companion · 1
- 117th S. 723 PPP Extension Act of 2021 R · Introduced
Related, per CRS or House · 2
- 117th H.R. 1840 To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes. R · Introduced
- 117th S. 815 PPP Extension Act of 2021 R · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]