H.R. 8265: To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.

116th Congress · introduced 2020-09-16 · Commerce · Latest: Referred to the Committee on Small Business, and in addition to the Committee on the Judiciary, 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 2020-09-16 · official record
Who proposed it: Rep. Chabot, Steve [R-OH-1] · 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 the Judiciary, 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

To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.

Plain summary

This bill establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration is authorized to provide second draw loans of up to $2 million under the Paycheck Protection Program. A recipient shall be eligible for forgiveness of a second draw loan in the same manner as an initial paycheck protection loan. Further the bill modifies the Paycheck Protection Program by, among other things, (1) expanding forgivable expenses, (2) allowing borrowers to select an eight-week period through December 31, 2020, to use their paycheck protection loan, (3) simplifying the forgiveness application for smaller loans, (4) expanding eligibility to certain chambers of commerce and destination marketing organizations, and (5) establishing a specific loan calculation for farmers and ranchers.

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

To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.

Source: Congressional Research Service summary (Introduced in House)

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Alternatives

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

Officials and money

Sponsor: Rep. Chabot, Steve [R-OH-1] · 69 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Troy Balderson (R-OH), David Rouzer (R-NC), Steve Scalise (R-LA), David Kustoff (R-TN), Mario Diaz-Balart (R-FL), Robert E. Latta (R-OH), Austin Scott (R-GA), John H. Rutherford (R-FL), Clay Higgins (R-LA), Lance Gooden (R-TX), Tim Walberg (R-MI), Brett Guthrie (R-KY), J. French Hill (R-AR), Richard Hudson (R-NC), Mark E. Amodei (R-NV), Neal P. Dunn (R-FL), Gus M. Bilirakis (R-FL), H. Morgan Griffith (R-VA), Carol D. Miller (R-WV), Roger Marshall (R-KS), Dan Crenshaw (R-TX), Earl L. "Buddy" Carter (R-GA), Pete Stauber (R-MN), Jefferson Van Drew (R-NJ), John R. Moolenaar (R-MI), Andy Barr (R-KY), John W. Rose (R-TN), Don Bacon (R-NE), Roger Williams (R-TX), Steve Womack (R-AR), John Joyce (R-PA), Frank D. Lucas (R-OK), David P. Joyce (R-OH) and 9 more.

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 (2)

Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
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-116hr8265.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr8265 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116