H.R. 2615, PPP Second Draw Fairness Act of 2021
Summary
H.R. 2615 was introduced in the House of Representatives on April 16, 2021 by Mr. Balderson (for himself and Ms. Craig) and referred to the Committee on Small Business. It is a bill to amend the Small Business Act to allow certain applicants for paycheck protection program second draw loans to select a 90-day period to demonstrate eligibility. Section 2 inserts “either during any contiguous 90-day period in 2020, or” before “during the first”.
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- Bills Bills 117Hr2615Ih Bills 117Hr2615Ih
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Cite this document
“H.R. 2615, PPP Second Draw Fairness Act of 2021.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr2615ih-bills-117hr2615ih/
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I
117TH CONGRESS
1ST SESSION
H. R. 2615
To amend the Small Business Act to allow certain applicants for paycheck
protection program second draw loans to select a 90-day period to dem-
onstrate eligibility, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 16, 2021
Mr. BALDERSON (for himself and Ms. CRAIG) introduced the following bill;
which was referred to the Committee on Small Business
A BILL
To amend the Small Business Act to allow certain applicants
for paycheck protection program second draw loans to
select a 90-day period to demonstrate eligibility, and
for other purposes.
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 ‘‘PPP Second Draw
5 Fairness Act of 2021’’.
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2
1 SEC. 2. ELIGIBILITY FOR PAYCHECK PROTECTION PRO-
2 GRAM SECOND DRAW LOANS.
3 Section 7(a)(37)(A)(iv)(I)(bb)(AA) of the Small
4 Business Act (15 U.S.C. 636(a)(37)(A)(iv)(I)(bb)(AA)) is
5 amended by inserting ‘‘either during any contiguous 90-
6 day period in 2020, or’’ before ‘‘during the first’’.
Æ
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