Paycheck Protection Program Fairness for Engineering Services Act

Summary

Paycheck Protection Program Fairness for Engineering Services Act This bill exempts until June 30, 2025, certain contractors that receive federal highway or public transportation funding from having to adjust costs associated with their contracts to account for loan forgiveness through the Paycheck Protection Program (PPP). (The PPP provided small businesses with loans for payroll and other costs to respond to the COVID-19 emergency with loan forgiveness under certain conditions.) Under current law, a contractor with a cost-reimbursable contract must reduce costs or provide cash refunds to the Department of Transportation (or a state department of transportation) if the contractor receives or accrues any income, rebate, allowance, or other credit relating to an allowable contract cost, which includes PPP loan forgiveness.

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Timeline

1. 19 May 2022

   Introduced

   Referred to the House Committee on Transportation and Infrastructure.

   Source: IntroReferral

2. 19 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

4. 20 May 2022

   Referred

   Referred to the Subcommittee on Highways and Transit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 19 May 2022 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 19 May 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 19 May 2022

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 19 May 2022

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Brown, Anthony G. [D-MD-4] · D · Sponsor
• Rep. Katko, John [R-NY-24] · R · Sponsor
• Marie Newman · D · Cosponsor
• Rep. Carson, André [D-IN-7] · D · Cosponsor
• Rep. Davis, Rodney [R-IL-13] · R · Cosponsor
• Rep. Stauber, Pete [R-MN-8] · R · Cosponsor
• Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Cosponsor
• Rep. Schrier, Kim [D-WA-8] · D · Cosponsor
• Rep. Wenstrup, Brad R. [R-OH-2] · R · Cosponsor
• Rep. Luria, Elaine G. [D-VA-2] · D · Cosponsor
• · hspw00 · Standing

Related records

• related to → A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes.