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H.R. 1589: Paycheck Protection Program Loan Forgiveness Flexibility Act of 2021

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H.R. 1589: Paycheck Protection Program Loan Forgiveness Flexibility Act of 2021

117th Congress · introduced 2021-03-03 · Commerce · Latest: Referred to the House Committee on Small Business.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-03-03 · official record
  2. Who proposed it: Rep. Rosendale Sr., Matthew M. [R-MT-At Large] · 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 Program Loan Forgiveness Flexibility Act of 2021

Plain summary

Paycheck Protection Program Loan Forgiveness Flexibility Act of 2021 This bill modifies the rehiring deadline by which a participant in the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), must return to pre-pandemic levels of employment in order to be eligible for loan forgiveness. Specifically, the bill sets this rehiring deadline to 90 days after the termination of all state and local COVID-19 emergency declarations that apply to the location of the 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 Program Loan Forgiveness Flexibility Act of 2021

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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

Officials and money

Sponsor: Rep. Rosendale Sr., Matthew M. [R-MT-At Large] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Byron Donalds (R-FL), James R. Baird (R-IN)

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-cong117-hr1589 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117