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Congress.gov, S.3833, "A bill to extend the loan forgiveness period for the paycheck protection program, and for other purposes.," 116th Congress (Internet Archive copy of March 25, 2025)

Summary

A Congress.gov bill page, as preserved by the Wayback Machine, for S.3833, a bill to extend the loan forgiveness period for the paycheck protection program, 116th Congress, sponsored by Sen. Rubio, Marco and introduced 05/21/2020. The page records the latest action on 06/01/2020, when the bill was read the second time and placed on the Senate Legislative Calendar, Calendar No. 454. The CRS summary, under the name Paycheck Protection Program Extension Act, states that the bill extends the deadline to apply for a paycheck protection loan to December 31, 2020 and allows recipients up to 16 weeks to use funds, with an elective 8-week safe harbor for maintaining payroll. It also expands forgiveness to amounts spent on worker protection such as physical barriers or particulate filtering respirators.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“Congress.gov, S.3833, ‘A bill to extend the loan forgiveness period for the paycheck protection program, and for other purposes.,’ 116th Congress (Internet Archive copy of March 25, 2025).” Original at www.congress.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/congress-gov-s-3833-a-bill-to-extend-the-loan-forgiveness-period-for-t-b49abf03ff/, SHA-256 1730f03373d882e14a4e0eeb1aecffa67593bed2e42cc30d10a3b57135b87ae0.

Full text

The Wayback Machine - https://web.archive.org/web/20250325065707/https://www.congress.gov/bill/116th-congress/senate-bill/3833




     S.3833 - A bill to extend the loan forgiveness period for the paycheck
     protection program, and for other purposes.
     116th Congress (2019-2020)



        Sponsor:       Sen. Rubio, Marco [R-FL] (Introduced 05/21/2020)
        Latest Action: Senate - 06/01/2020 Read the second time. Placed on Senate Legislative Calendar under General
                       Orders. Calendar No. 454. (All Actions)
        Tracker:        Introduced




     Summary(1)      Text(1)   Actions(2)    Titles(2)   Amendments(0)      Cosponsors(13)     Committees(0)      Related Bills(0)


            Listen
                              

     There is one summary for S.3833. Bill summaries are authored by CRS.


     Shown Here:
     Introduced in Senate (05/21/2020)
     Paycheck Protection Program Extension Act


     This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e.,
     coronavirus disease 2019) and expands the allowable uses for paycheck protection loans.


     Specifically, the bill extends the deadline to apply for a paycheck protection loan to December 31, 2020, and it allows recipients
     up to 16 weeks to use any funds received. Within the extended 16-week period, a recipient may elect an 8-week safe harbor in
     which to maintain payroll and outside of which the amount of loan forgiveness shall not be reduced because of a reduction in
     workforce or salary and wages.


     The bill also expands loan forgiveness under the program to include amounts expended on worker protection, such as physical
     barriers or particulate filtering respirators that are needed to comply with requirements related to sanitation, social distancing, or
     worker or customer safety.

File and source

File
67199d594099194e.pdf
Size
121,669 bytes
SHA-256
1730f03373d882e14a4e0eeb1aecffa67593bed2e42cc30d10a3b57135b87ae0
Our copy
67199d594099194e.pdf
Original
www.congress.gov
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