H.R. 7619 · 116th Congress
Expanding Assistance to Farmers Act of 2020
- Stage
- In committee
- Sponsor
- Dan Bishop
- Introduced
- 2020-07-16
- Latest action
- 2020-07-16 · Introduced in House
Summary
Expanding Assistance to Farmers Act of 2020
This bill expands allowable uses and forgivable expenses for amounts provided under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain property rental payments made by an agricultural enterprise. Such rental payments must be made on property that is used solely for the agricultural enterprise and shall include equipment (e.g., tractors, combines, and planters), land, and buildings.