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Paycheck Protection Program Flexibility Act of 2020 (Public Law No: 116-142).

Main Region

First Region

United States of America
Economic and social policy; Wages
2020-06-05
National
Law, Act

Second Region

To amend the Small Business Act and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to modify certain provisions related to the forgiveness of loans under the paycheck protection program (PPP), to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes. The PPP was set by the US Federal government help certain business, self-employed workers, sole proprietors, certain non-profit organizations and tribal businesses to ensure they can keep paying their workers during the COVID-19 pandemic.

Basic Text region

Electronic region