H.R. 1799: PPP Extension Act of 2021

CBO Score

$15 billion

Date of Report

Wed March 17th, 2021

CBO Report Details

Legislation Details

117th Congress

To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

Sponsor: Rep. Carolyn Bourdeaux — D — GA

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 budget...

View the full vote history of this bill on GovTrack.us.

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