House vote: H.R. 7010 // May 28, 2020Needed two-thirds to pass
Paycheck Protection Program Flexibility Act of 2020
Sponsor: Dean Phillips (D-MN)
This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan with a remaining balance after forgiveness. The bill also extends the covered period during which a loan recipient may use such funds for certain expenses while remaining eligible for forgiveness.
Commerce Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 4.0% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 417 | 95.7% |
| Nay | Lost | 1 | 0.2% |
| Not represented on this question | No position taken | 0 | 4.0% |