H.R. 6754 · 116th Congress
Protecting the Paycheck Protection Program Act of 2020
- Stage
- In committee
- Sponsor
- Lizzie Fletcher
- Introduced
- 2020-05-08
- Latest action
- 2020-05-08 · Introduced in House
Summary
Protecting the Paycheck Protection Program Act of 2020
This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.