Bill
Bill > S3711
US S3711
US S3711A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes.
summary
Introduced
02/28/2022
02/28/2022
In Committee
02/28/2022
02/28/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement con- tracts on the basis of the forgiveness of certain covered loans, and for other purposes.
AI Summary
This bill ensures that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts based on the forgiveness of Paycheck Protection Program (PPP) loans. Specifically, it states that for any cost-reimbursement contract related to highway or public transportation projects, the Department of Transportation, state transportation departments, transit agencies, or other recipients of federal transportation assistance cannot receive a cost reduction or cash refund due to the forgiveness of PPP loan payroll costs. The bill includes a saving provision to maintain prohibitions and liabilities under the False Claims Act, and the provisions will terminate on June 30, 2025.
Committee Categories
Agriculture and Natural Resources
Sponsors (4)
Last Action
Read twice and referred to the Committee on Environment and Public Works. (on 02/28/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/3711/all-info |
| BillText | https://www.congress.gov/117/bills/s3711/BILLS-117s3711is.pdf |
| Bill | https://www.congress.gov/117/bills/s3711/BILLS-117s3711is.pdf.pdf |
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