Protecting the Paycheck Protection Program Act of 2020
This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2020-05-08 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2020-05-08 | IntroReferral | Introduced in House | Library of Congress |