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H.R. 7777: Paycheck Protection Small Business Forgiveness Act

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H.R. 7777: Paycheck Protection Small Business Forgiveness Act

116th Congress · introduced 2020-07-24 · Commerce · Latest: Referred to the House Committee on Small Business.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2020-07-24 · official record
  2. Who proposed it: Rep. Houlahan, Chrissy [D-PA-6] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Small Business. Not final yet: this can still change. We check for updates every day.
  5. 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 Small Business Forgiveness Act

Plain summary

Paycheck Protection Small Business Forgiveness Act This bill modifies loan forgiveness under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides for automatic forgiveness of a paycheck protection loan that is not more than $150,000 if the recipient submits a one-page form. Such form must allow a recipient to submit specified demographc and expenditure information, and certain individuals (e.g., the President, the Vice President, or the head of an executive department) are not eligible for such forgiveness. Further, the bill prohibits any enforcement or other action against a lender relating to loan origination, forgiveness, or guarantee based on the lender's reliance on certifications or documentation submitted by a loan applicant or recipient.

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

What a vote does

A “Yea” vote

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

A “Nay” vote

If it is not passed, current law stays as it is.

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

What does this mean? (plain words)

Official text

Paycheck Protection Small Business Forgiveness Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Houlahan, Chrissy [D-PA-6] · 137 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Brian K. Fitzpatrick (R-PA), Peter Welch (D-VT), David Kustoff (R-TN), Dwight Evans (D-PA), John R. Carter (R-TX), Andy Barr (R-KY), Michael Guest (R-MS), Ted Budd (R-NC), Joe Wilson (R-SC), Roger Williams (R-TX), Frank D. Lucas (R-OK), Michael T. McCaul (R-TX), Bennie G. Thompson (D-MS), Troy Balderson (R-OH), John R. Curtis (R-UT), Chip Roy (R-TX), H. Morgan Griffith (R-VA), Jim Banks (R-IN), Trent Kelly (R-MS), Vicente Gonzalez (D-TX), Jim Costa (D-CA), Roger Marshall (R-KS), James R. Baird (R-IN), J. French Hill (R-AR), Elise M. Stefanik (R-NY), Jefferson Van Drew (R-NJ), Tom Cole (R-OK), Austin Scott (R-GA), Barry Loudermilk (R-GA), Andy Kim (D-NJ), Sylvia R. Garcia (D-TX), Henry Cuellar (D-TX), Ralph Norman (R-SC), Jodey C. Arrington (R-TX), Bruce Westerman (R-AR) and 77 more.

Sponsor's campaign money: Rep. Houlahan, Chrissy [D-PA-6] reported raising $2.1 million (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

Record fed-us-cong116-hr7777 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116