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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Paycheck Protection Program Flexibility Act of 2020

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes.


Actions Overview (1)

Date Actions Overview
05/15/2020Introduced in House

All Actions (3)

Date All Actions
05/15/2020Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
05/15/2020Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
05/15/2020Introduced in House
Action By: House of Representatives

Cosponsors (65)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Phillips, Dean [D-MN-3]* 05/15/2020
Rep. Emmer, Tom [R-MN-6]* 05/15/2020
Rep. Upton, Fred [R-MI-6]* 05/15/2020
Rep. Fitzpatrick, Brian K. [R-PA-1] 05/19/2020
Rep. Harris, Andy [R-MD-1] 05/19/2020
Rep. Craig, Angie [D-MN-2] 05/22/2020
Rep. Curtis, John R. [R-UT-3] 05/22/2020
Rep. Gottheimer, Josh [D-NJ-5] 05/22/2020
Rep. Gonzalez, Anthony [R-OH-16] 05/22/2020
Rep. Sherrill, Mikie [D-NJ-11] 05/22/2020
Rep. Brindisi, Anthony [D-NY-22] 05/22/2020
Rep. Walorski, Jackie [R-IN-2] 05/22/2020
Rep. King, Peter T. [R-NY-2] 05/22/2020
Rep. Taylor, Van [R-TX-3] 05/22/2020
Rep. Gonzalez, Vicente [D-TX-15] 05/22/2020
Rep. Rice, Kathleen M. [D-NY-4] 05/22/2020
Rep. Joyce, David P. [R-OH-14] 05/22/2020
Rep. Wenstrup, Brad R. [R-OH-2] 05/22/2020
Rep. Balderson, Troy [R-OH-12] 05/22/2020
Rep. Welch, Peter [D-VT-At Large] 05/22/2020
Rep. Swalwell, Eric [D-CA-15] 05/22/2020
Rep. Axne, Cynthia [D-IA-3] 05/22/2020
Rep. Cuellar, Henry [D-TX-28] 05/22/2020
Rep. Rose, Max [D-NY-11] 05/22/2020
Rep. Hayes, Jahana [D-CT-5] 05/22/2020
Rep. Schrader, Kurt [D-OR-5] 05/22/2020
Rep. McAdams, Ben [D-UT-4] 05/22/2020
Rep. Joyce, John [R-PA-13] 05/22/2020
Rep. Bergman, Jack [R-MI-1] 05/22/2020
Rep. LaMalfa, Doug [R-CA-1] 05/22/2020
Rep. Luria, Elaine G. [D-VA-2] 05/22/2020
Rep. Herrera Beutler, Jaime [R-WA-3] 05/22/2020
Rep. Slotkin, Elissa [D-MI-8] 05/22/2020
Rep. Kildee, Daniel T. [D-MI-5] 05/22/2020
Rep. Courtney, Joe [D-CT-2] 05/22/2020
Rep. Van Drew, Jefferson [R-NJ-2] 05/22/2020
Rep. Carter, John R. [R-TX-31] 05/22/2020
Rep. Stefanik, Elise M. [R-NY-21] 05/22/2020
Rep. Weber, Randy K., Sr. [R-TX-14] 05/22/2020
Rep. Dunn, Neal P. [R-FL-2] 05/22/2020
Rep. Wright, Ron [R-TX-6] 05/22/2020
Rep. Costa, Jim [D-CA-16] 05/22/2020
Rep. Pappas, Chris [D-NH-1] 05/22/2020
Rep. O'Halleran, Tom [D-AZ-1] 05/22/2020
Rep. Schrier, Kim [D-WA-8] 05/22/2020
Rep. Kilmer, Derek [D-WA-6] 05/22/2020
Rep. Bera, Ami [D-CA-7] 05/22/2020
Rep. Carson, Andre [D-IN-7] 05/22/2020
Rep. McCollum, Betty [D-MN-4] 05/22/2020
Rep. Katko, John [R-NY-24] 05/22/2020
Rep. Deutch, Theodore E. [D-FL-22] 05/22/2020
Rep. Wild, Susan [D-PA-7] 05/22/2020
Rep. Norton, Eleanor Holmes [D-DC-At Large] 05/22/2020
Rep. Kuster, Ann M. [D-NH-2] 05/22/2020
Rep. Peters, Scott H. [D-CA-52] 05/22/2020
Rep. McMorris Rodgers, Cathy [R-WA-5] 05/22/2020
Rep. Schweikert, David [R-AZ-6] 05/22/2020
Rep. Stauber, Pete [R-MN-8] 05/22/2020
Rep. Blunt Rochester, Lisa [D-DE-At Large] 05/22/2020
Rep. Ryan, Tim [D-OH-13] 05/22/2020
Rep. Crow, Jason [D-CO-6] 05/22/2020
Rep. Rouda, Harley [D-CA-48] 05/22/2020
Rep. Allred, Colin Z. [D-TX-32] 05/22/2020
Rep. Burchett, Tim [R-TN-2] 05/27/2020
Rep. Smith, Christopher H. [R-NJ-4] 05/27/2020

Committees (2)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Small Business05/15/2020 Referred to
House Ways and Means05/15/2020 Referred to

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Latest Summary (1)

There is one summary for H.R.6886. View summaries

Shown Here:
Introduced in House (05/15/2020)

Paycheck Protection Program Flexibility Act of 2020

This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan that has a remaining balance after the application of forgiveness. The bill also extends the covered period during which the recipient of a paycheck protection loan may use such funds for certain expenses while remaining eligible for forgiveness of the loan.

Further, the bill prohibits the Small Business Administration from limiting the non-payroll portion of a forgivable covered loan amount. Currently, only 25% of a paycheck protection loan may be allocated to non-payroll expenses such as rent and utilities.

The bill extends the period of time in which an employer may rehire or eliminate a reduction in employment, salary, or wages that would otherwise reduce the forgivable amount of a paycheck protection loan. However, the forgivable amount must be determined without regard to a reduction in the number of employees if the recipient is unable to rehire an employee and is able to demonstrate an inability to hire a similarly qualified employee.

Lastly, the bill eliminates a provision that makes a paycheck protection loan recipient who has such indebtedness forgiven ineligible to defer payroll tax payments.