Bill

Bill > HR6716


US HR6716

To amend the Small Business Act to include certain critical access hospitals in the paycheck protection program, and for other purposes.


summary

Introduced
05/05/2020
In Committee
05/05/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Small Business Act to include certain critical access hospitals in the paycheck protection program, and for other purposes. This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to encompass critical access hospitals. A critical access hospital is a hospital that, among other things, is located in a rural area, furnishes 24-7 emergency services, and has 25 or fewer inpatient beds.

AI Summary

This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19, to encompass critical access hospitals. A critical access hospital is a rural hospital that provides 24-hour emergency services and has 25 or fewer inpatient beds. The bill ensures that these critical access hospitals are eligible to receive a covered loan under the Paycheck Protection Program, regardless of their status as a debtor in a bankruptcy case or any debts owed to the federal government.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Small Business. (on 05/05/2020)

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