H.R. 1799 · 117TH CONGRESSIntroduced · Mar 30, 2021
PPP Extension Act of 2021
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On Motion to Suspend the Rules and Pass, as Amended
On Motion to Suspend the Rules and Pass, as Amended
On March 16, 2021, the House of Representatives overwhelmingly passed H.R. 1799, the PPP Extension Act of 2021, with a bipartisan vote of 415 to 3. This legislation extended the application deadline for the Paycheck Protection Program (PPP) from March 31 to May 31, 2021, providing small businesses with two additional months to seek federally guaranteed loans to help offset the economic impacts of the COVID-19 pandemic. The bill also granted the Small Business Administration an additional 30 days beyond the new deadline to finish processing pending applications. The vote demonstrated broad consensus across both parties, with nearly all Democrats and Republicans voting in favor of the extension to ensure continued access to emergency financial relief for the business community.
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