H.R. 6343 · 116th Congress
Small Business COVID–19 Recovery Grants Act of 2020
- Stage
- In committee
- Sponsor
- Adriano Espaillat
- Introduced
- 2020-03-23
- Latest action
- 2020-03-23 · Introduced in House
Summary
Small Business COVID-19 Recovery Grants Act of 2020
This bill requires the Small Business Administration to provide grants to small businesses that have suffered substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019).
Such grants may not exceed a specified amount and may be used to address direct effects of COVID-19, including (1) providing paid sick leave to employees, (2) maintaining payroll, and (3) meeting increased supply chain costs.