PPP Equity Act of 2021
Summary
PPP Equity Act of 2021 This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 15, 2021
Last action Apr 15, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 15, 2021
Committee
Referred to the House Committee on Small Business.
lower
Apr 15, 2021
Introduced
Introduced in House
lower
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ashley Hinson
RRepublican
Co
Abigail Davis Spanberger
DDemocratic
Co
Angie Craig
DDemocratic
Co
Antonio Delgado
DDemocratic
Co
Cheri Bustos
DDemocratic
Co
Cynthia Axne
DDemocratic
Co
Don Bacon
RRepublican
Co
Elise M. Stefanik
RRepublican
Co
Joe Neguse
DDemocratic
Co
Michelle Fischbach
RRepublican
Co
Troy Balderson
RRepublican
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