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

Titles (5)

Short Titles

Short Titles as Enacted

Paycheck Protection Program Flexibility Act of 2020

Short Titles - House of Representatives

Short Titles as Passed House

Paycheck Protection Program Flexibility Act of 2020

Short Titles as Introduced

Paycheck Protection Program Flexibility Act of 2020

Short Titles - Senate

Short Titles as Passed Senate

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 (6)

Date Actions Overview
06/05/2020Became Public Law No: 116-142.
06/05/2020Signed by President.
06/05/2020Presented to President.
06/03/2020Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.(consideration: CR S2690-2691)
05/28/2020Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 1 (Roll no. 114).(text: CR H2332-2333)
05/26/2020Introduced in House

All Actions (16)

Date Chamber All Actions
06/05/2020Became Public Law No: 116-142.
06/05/2020Signed by President.
06/05/2020HousePresented to President.
06/04/2020SenateMessage on Senate action sent to the House.
06/03/2020SenatePassed Senate without amendment by Voice Vote. (consideration: CR S2690-2691)
06/01/2020SenateReceived in the Senate, read twice.
05/28/2020-1:14pmHouseMotion to reconsider laid on the table Agreed to without objection.
05/28/2020-1:14pmHouseOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 1 (Roll no. 114). (text: CR H2332-2333)
05/28/2020-12:02pmHouseConsidered as unfinished business. (consideration: CR H2339-2340)
05/28/2020-10:45amHouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
05/28/2020-10:03amHouseDEBATE - The House proceeded with forty minutes of debate on H.R. 7010.
05/28/2020-10:03amHouseConsidered under suspension of the rules. (consideration: CR H2332-2338)
05/28/2020-10:03amHouseMs. Velazquez moved to suspend the rules and pass the bill, as amended.
05/26/2020HouseReferred 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.
05/26/2020HouseReferred 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.
05/26/2020HouseIntroduced in House

Cosponsors (86)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Roy, Chip [R-TX-21]* 05/26/2020
Rep. Upton, Fred [R-MI-6]* 05/26/2020
Rep. Fitzpatrick, Brian K. [R-PA-1]* 05/26/2020
Rep. Rouda, Harley [D-CA-48]* 05/26/2020
Rep. Harris, Andy [R-MD-1]* 05/26/2020
Rep. Kildee, Daniel T. [D-MI-5]* 05/26/2020
Rep. Schrier, Kim [D-WA-8]* 05/26/2020
Rep. Welch, Peter [D-VT-At Large]* 05/26/2020
Rep. Brindisi, Anthony [D-NY-22]* 05/26/2020
Rep. Pappas, Chris [D-NH-1]* 05/26/2020
Rep. Walorski, Jackie [R-IN-2]* 05/26/2020
Rep. Meng, Grace [D-NY-6]* 05/26/2020
Rep. Joyce, David P. [R-OH-14]* 05/26/2020
Rep. Torres Small, Xochitl [D-NM-2]* 05/26/2020
Rep. Bergman, Jack [R-MI-1]* 05/26/2020
Rep. Schweikert, David [R-AZ-6]* 05/26/2020
Rep. LaMalfa, Doug [R-CA-1]* 05/26/2020
Rep. Krishnamoorthi, Raja [D-IL-8]* 05/26/2020
Rep. Bera, Ami [D-CA-7]* 05/26/2020
Rep. Herrera Beutler, Jaime [R-WA-3]* 05/26/2020
Rep. Van Drew, Jefferson [R-NJ-2]* 05/26/2020
Rep. Rice, Kathleen M. [D-NY-4]* 05/26/2020
Rep. Dunn, Neal P. [R-FL-2]* 05/26/2020
Rep. O'Halleran, Tom [D-AZ-1]* 05/26/2020
Rep. Castor, Kathy [D-FL-14]* 05/26/2020
Rep. Deutch, Theodore E. [D-FL-22]* 05/26/2020
Rep. Stefanik, Elise M. [R-NY-21]* 05/26/2020
Rep. Ryan, Tim [D-OH-13]* 05/26/2020
Rep. McCollum, Betty [D-MN-4]* 05/26/2020
Rep. Courtney, Joe [D-CT-2]* 05/26/2020
Rep. Kilmer, Derek [D-WA-6]* 05/26/2020
Rep. Joyce, John [R-PA-13]* 05/26/2020
Rep. Wright, Ron [R-TX-6]* 05/26/2020
Rep. King, Peter T. [R-NY-2]* 05/26/2020
Rep. Curtis, John R. [R-UT-3]* 05/26/2020
Rep. Kuster, Ann M. [D-NH-2] 05/27/2020
Rep. Stauber, Pete [R-MN-8] 05/27/2020
Rep. Cunningham, Joe [D-SC-1] 05/27/2020
Rep. Bacon, Don [R-NE-2] 05/27/2020
Rep. Gabbard, Tulsi [D-HI-2] 05/27/2020
Rep. Wenstrup, Brad R. [R-OH-2] 05/27/2020
Rep. Allred, Colin Z. [D-TX-32] 05/27/2020
Rep. Carter, John R. [R-TX-31] 05/27/2020
Rep. Case, Ed [D-HI-1] 05/27/2020
Rep. Balderson, Troy [R-OH-12] 05/27/2020
Rep. Langevin, James R. [D-RI-2] 05/27/2020
Rep. Burchett, Tim [R-TN-2] 05/27/2020
Rep. Gottheimer, Josh [D-NJ-5] 05/27/2020
Rep. Moolenaar, John R. [R-MI-4] 05/27/2020
Rep. Wild, Susan [D-PA-7] 05/27/2020
Rep. Swalwell, Eric [D-CA-15] 05/27/2020
Rep. Norton, Eleanor Holmes [D-DC-At Large] 05/27/2020
Rep. Axne, Cynthia [D-IA-3] 05/27/2020
Rep. Malinowski, Tom [D-NJ-7] 05/27/2020
Rep. Cisneros, Gilbert Ray, Jr. [D-CA-39] 05/27/2020
Rep. Hayes, Jahana [D-CT-5] 05/27/2020
Rep. Lujan, Ben Ray [D-NM-3] 05/27/2020
Rep. Peters, Scott H. [D-CA-52] 05/27/2020
Rep. Bonamici, Suzanne [D-OR-1] 05/27/2020
Rep. Slotkin, Elissa [D-MI-8] 05/27/2020
Rep. Finkenauer, Abby [D-IA-1] 05/27/2020
Rep. Cuellar, Henry [D-TX-28] 05/27/2020
Rep. Pascrell, Bill, Jr. [D-NJ-9] 05/27/2020
Rep. Schrader, Kurt [D-OR-5] 05/27/2020
Rep. McAdams, Ben [D-UT-4] 05/27/2020
Rep. Cohen, Steve [D-TN-9] 05/27/2020
Rep. Sherrill, Mikie [D-NJ-11] 05/27/2020
Rep. Quigley, Mike [D-IL-5] 05/27/2020
Rep. Costa, Jim [D-CA-16] 05/27/2020
Rep. Schneider, Bradley Scott [D-IL-10] 05/27/2020
Rep. Rose, Max [D-NY-11] 05/27/2020
Rep. Horn, Kendra S. [D-OK-5] 05/27/2020
Rep. Carson, Andre [D-IN-7] 05/27/2020
Rep. Luria, Elaine G. [D-VA-2] 05/27/2020
Rep. Craig, Angie [D-MN-2] 05/27/2020
Rep. Maloney, Carolyn B. [D-NY-12] 05/27/2020
Rep. Katko, John [R-NY-24] 05/27/2020
Rep. Johnson, Dusty [R-SD-At Large] 05/27/2020
Rep. Norman, Ralph [R-SC-5] 05/27/2020
Rep. Weber, Randy K., Sr. [R-TX-14] 05/27/2020
Rep. Payne, Donald M., Jr. [D-NJ-10] 05/28/2020
Rep. Blunt Rochester, Lisa [D-DE-At Large] 05/28/2020
Rep. Taylor, Van [R-TX-3] 05/28/2020
Rep. Brown, Anthony G. [D-MD-4] 05/28/2020
Rep. Evans, Dwight [D-PA-3] 05/28/2020
Rep. Gallagher, Mike [R-WI-8] 05/28/2020

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 Business05/26/2020 Referred to
House Ways and Means05/26/2020 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 (4)

There are 4 summaries for H.R.7010. View summaries

Shown Here:
Public Law No: 116-142 (06/05/2020)

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 with a remaining balance after forgiveness. The bill also extends the covered period during which a loan recipient may use such funds for certain expenses while remaining eligible for forgiveness. The bill raises the non-payroll portion of a forgivable covered loan amount from the current 25% up to 40%.

The bill extends the period 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 (1) unable to rehire former employees and is unable to to hire similarly qualified employees, or (2) unable to return to the same level of business activity due to compliance with federal requirements or guidance related to COVID-19.

Additionally, the bill revises the deferral period for paycheck protection loans, allowing recipients to defer payments until they receive compensation for forgiven amounts. Recipients who do not apply for forgiveness shall have 10 months from the program's expiration to begin making payments.

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

Lastly, the bill is designated as an emergency requirement pursuant to the Statutory Pay-As-You-Go Act of 2010 (PAYGO) and the Senate PAYGO rule.