H.R. 5190: Small-Dollar PPP Forgiveness Simplification Act of 2021
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H.R. 5190: Small-Dollar PPP Forgiveness Simplification Act of 2021
117th Congress · introduced 2021-09-07 · Commerce · Latest: Referred to the House Committee on Small Business.
federal
Follow this bill, step by step
- Where it came from: introduced 2021-09-07 · official record
- Who proposed it: Rep. Houlahan, Chrissy [D-PA-6] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- 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.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Small-Dollar PPP Forgiveness Simplification Act of 2021
Plain summary
Small-Dollar PPP Forgiveness Simplification Act of 2021 This bill makes changes to the Paycheck Protection Program (PPP) to with respect to forgiveness of certain PPP loans. Specifically, the bill includes as covered loans under the PPP loan forgiveness program excess loan amounts that were received due to a good faith error. The bill also increases the threshold, from $150,000 to $350,000, used to determine whether a PPP loan may use the simplified forgiveness application.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Small-Dollar PPP Forgiveness Simplification Act of 2021
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Houlahan, Chrissy [D-PA-6] · 3 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Dwight Evans (D-PA), Bradley Scott Schneider (D-IL)
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
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr5190.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>
Record fed-us-cong117-hr5190 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117