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H.R. 1533, COVID Economic Injury Disaster Loan Relief Act

Summary

H.R. 1533, the COVID Economic Injury Disaster Loan Relief Act, was introduced March 3, 2021 by Ms. Salazar (for herself, Ms. Davids of Kansas, Mr. Meuser, Ms. Craig, and Mr. Diaz-Balart) and referred to the Committee on Small Business. It would extend the deferment of EIDL loans made in response to COVID–19 from 1 year to 2 years. For any loan made under section 7(b)(2) of the Small Business Act in response to COVID–19, payment of principal and interest charges would be suspended for the 2-year period beginning on the date the loan is or was made.

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Issuer
Congressional materials
Document type
Bills Bills 117Hr1533Ih Bills 117Hr1533Ih
Case
Bills Bills 117Hr1533Ih Bills 117Hr1533Ih

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“H.R. 1533, COVID Economic Injury Disaster Loan Relief Act.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr1533ih-bills-117hr1533ih/, SHA-256 b33c160d42bad3a0a2a646c9f5e0c48266799727c97ff903f6e4639c70469323.

Full text

                                                                                                                                                                        I




                                                                     117TH CONGRESS
                                                                        1ST SESSION
                                                                                                           H. R. 1533
                                                                           To extend the deferment of EIDL loans made in response to COVID–19
                                                                                                  from 1 year to 2 years.




                                                                                   IN THE HOUSE OF REPRESENTATIVES
                                                                                                  MARCH 3, 2021
                                                                     Ms. SALAZAR (for herself, Ms. DAVIDS of Kansas, Mr. MEUSER, Ms. CRAIG,
                                                                         and Mr. DIAZ-BALART) introduced the following bill; which was referred
                                                                         to the Committee on Small Business




                                                                                                               A BILL
                                                                         To extend the deferment of EIDL loans made in response
                                                                                  to COVID–19 from 1 year to 2 years.

                                                                       1               Be it enacted by the Senate and House of Representa-
                                                                       2 tives of the United States of America in Congress assembled,
                                                                       3     SECTION 1. SHORT TITLE.

                                                                       4               This Act may be cited as the ‘‘COVID Economic In-
                                                                       5 jury Disaster Loan Relief Act’’.
                                                                       6     SEC. 2. EXTEND EIDL DEFERMENT.

                                                                       7               With respect to any loan made under section 7(b)(2)
                                                                       8 of the Small Business Act (15 U.S.C. 636(b)(2)) in re-




pbinns on DSKJLVW7X2PROD with BILLS
                                                                       9 sponse to COVID–19, the payment of principal and inter-




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                                                                                                                                2
                                                                       1 est charges shall be suspended for the 2-year period begin-
                                                                       2 ning on the date on which such loan is or was made.
                                                                                                                                Æ




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