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To amend the Small Business Act to provide that certain chambers of commerce and destination marketing organizations are eligible for loans under the paycheck protection program, and for other purposes.

2/8/2022, 11:16 PM

Congressional Summary of HR 7397

This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to encompass chambers of commerce and certain destination marketing organizations with 300 or fewer employees.

Current Status of Bill HR 7397

Bill HR 7397 is currently in the status of Bill Introduced since June 29, 2020. Bill HR 7397 was introduced during Congress 116 and was introduced to the House on June 29, 2020.  Bill HR 7397's most recent activity was Referred to the House Committee on Small Business. as of June 29, 2020

Bipartisan Support of Bill HR 7397

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
1
Republican Cosponsors
5
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7397

Primary Policy Focus

Commerce

Potential Impact Areas

- Business expenses
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Government lending and loan guarantees
- Infectious and parasitic diseases
- Small business
- Tax-exempt organizations
- Travel and tourism
- Wages and earnings

Alternate Title(s) of Bill HR 7397

To amend the Small Business Act to provide that certain chambers of commerce and destination marketing organizations are eligible for loans under the paycheck protection program, and for other purposes.
To amend the Small Business Act to provide that certain chambers of commerce and destination marketing organizations are eligible for loans under the paycheck protection program, and for other purposes.

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