To amend the Small Business Act and the CARES Act to include rental payments for certain business-related items in the paycheck protection program, and for other purposes.
Expanding Assistance to Farmers Act of 2020
This bill expands allowable uses and forgivable expenses for amounts provided under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain property rental payments made by an agricultural enterprise. Such rental payments must be made on property that is used solely for the agricultural enterprise and shall include equipment (e.g., tractors, combines, and planters), land, and buildings.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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