Summary: H.R.6754 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.6754. Bill summaries are authored by CRS.

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Introduced in House (05/08/2020)

Protecting the Paycheck Protection Program Act of 2020

This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.