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Bill > S3907


US S3907

US S3907
PPP for Critical Access Hospitals Act


summary

Introduced
06/08/2020
In Committee
06/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to provide that all critical access hospitals are eligible for loans under 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, the PPP for Critical Access Hospitals Act, expands the Paycheck Protection Program (PPP) established in response to COVID-19 to include critical access hospitals. A critical access hospital is a rural hospital with 25 or fewer inpatient beds that provides 24/7 emergency services. The bill amends the Small Business Act to make all critical access hospitals, regardless of their status as a debtor in bankruptcy or any debts owed to the federal government, eligible to receive PPP loans during the covered period.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S2764) (on 06/08/2020)

bill text


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