H.R. 1840

To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

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I

117th CONGRESS

1st Session

H. R. 1840

IN THE HOUSE OF REPRESENTATIVES

March 11, 2021

Ms. Malliotakis (for herself and Ms. Stefanik) introduced the following bill; which was referred to the Committee on Small Business

A BILL

To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

1.

Extension of covered period for paycheck protection program

(a)

In general

Section 7(a)(36)(A)(iii) of the Small Business Act (15 U.S.C. 636(a)(36)(A)(iii)) is amended by striking March 31, 2021 and inserting June 30, 2021.

(b)

Funding

Section 1102(b)(1) of the CARES Act (Public Law 116–136), as amended by section 323 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Public Law 116–260), is amended by striking March 31, 2021 and inserting June 30, 2021.