Senate Bill 1142 - SBA Collections Act of 2023

Purpose and Summary

Chamber: Senate

Introduced date: 2023-03-30

Recent Activity

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Alternative Names

SBA Collections Act of 2023

SBA Collections Act of 2023

A bill to prohibit the Small Business Administration from suspending collections on Paycheck Protection Program loans and economic injury disaster loans related to COVID-19.

Associated Legislation

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Policy Areas

Commerce

Potential Impact

Sponsors and Supporters

Sen. Ernst, Joni [R-IA]

Cosponsors and Supporters

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Committees and Subcommittees

Small Business and Entrepreneurship Committee

Variations and Revisions

SBA Collections Act of 2023

12/15/2023, 4:07 PM

SBA Collections Act of 2023

This bill prohibits the Small Business Administration (SBA) from discharging, suspending, or ending collection action on any claim related to a Paycheck Protection Program (PPP) loan or Economic Injury Di...

Congress
118

Number
S - 1142

Introduced on
2023-03-30

# Amendments
0

Sponsors
+5

Variations and Revisions

3/30/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

SBA Collections Act of 2023

This bill prohibits the Small Business Administration (SBA) from discharging, suspending, or ending collection action on any claim related to a Paycheck Protection Program (PPP) loan or Economic Injury Di...

Alternative Names
Official Title as IntroducedA bill to prohibit the Small Business Administration from suspending collections on Paycheck Protection Program loans and economic injury disaster loans related to COVID-19.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary2/29/2024

SBA Collections Act of 2023

This bill prohibits the Small Business Administration (SBA) from discharging, suspending, or ending collection action on any claim related to a Paycheck Protection Program (PPP) loan or Economic Injury Di...


Latest Action3/30/2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.