H.R. 6886: Paycheck Protection Program Flexibility Act of 2020

116th Congress · introduced 2020-05-15 · Commerce · Latest: Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Follow this bill, step by step

Where it came from: introduced 2020-05-15 · official record
Who proposed it: Rep. Roy, Chip [R-TX-21] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Paycheck Protection Program Flexibility Act of 2020

Plain summary

Paycheck Protection Program Flexibility Act of 2020 This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan that has a remaining balance after the application of forgiveness. The bill also extends the covered period during which the recipient of a paycheck protection loan may use such funds for certain expenses while remaining eligible for forgiveness of the loan. Further, the bill prohibits the Small Business Administration from limiting the non-payroll portion of a forgivable covered loan amount. Currently, only 25% of a paycheck protection loan may be allocated to non-payroll expenses such as rent and utilities. The bill extends the period of time in which an employer may rehire or eliminate a reduction in employment, salary, or wages that would otherwise reduce the forgivable amount of a paycheck protection loan. However, the forgivable amount must be determined without regard to a reduction in the number of employees if the recipient is unable to rehire an employee and is able to demonstrate an inability to hire a similarly qualified employee. Lastly, the bill eliminates a provision that makes a paycheck protection loan recipient who has such indebtedness forgiven ineligible to defer payroll tax payments.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

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If it passes both chambers and is signed, it becomes law.

A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Paycheck Protection Program Flexibility Act of 2020

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Roy, Chip [R-TX-21] · 65 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Tom Emmer (R-MN), Brian K. Fitzpatrick (R-PA), Andy Harris (R-MD), Angie Craig (D-MN), John R. Curtis (R-UT), Josh Gottheimer (D-NJ), Vicente Gonzalez (D-TX), David P. Joyce (R-OH), Troy Balderson (R-OH), Peter Welch (D-VT), Henry Cuellar (D-TX), Jahana Hayes (D-CT), John Joyce (R-PA), Jack Bergman (R-MI), Elissa Slotkin (D-MI), Joe Courtney (D-CT), Jefferson Van Drew (R-NJ), John R. Carter (R-TX), Elise M. Stefanik (R-NY), Randy K. Weber, Sr. (R-TX), Neal P. Dunn (R-FL), Jim Costa (D-CA), Chris Pappas (D-NH), Kim Schrier (D-WA), Ami Bera (D-CA), André Carson (D-IN), Betty McCollum (D-MN), Eleanor Holmes Norton (D-DC), Scott H. Peters (D-CA), David Schweikert (R-AZ), Pete Stauber (R-MN), Lisa Blunt Rochester (D-DE) and 5 more.

Sponsor's campaign money: Rep. Roy, Chip [R-TX-21] reported raising $783,177 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr6886.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr6886 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116