United States · Bill · HR
H.R. 8087 (116th)
To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
Introduced
22 August 2020
Last action
22 August 2020 · Introduced
Status
Referred to the Committee on Small Business, and in addition to the Committees on the Judiciary, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
Rep. Chabot, Steve [R-OH-1]
Subjects
Agriculture
Source updated
10 January 2026
Summary
This bill establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration (SBA) is authorized to provide second draw loans of up to $2 million under the Paycheck Protection Program. A recipient shall be eligible for forgiveness of a second draw loan in the same manner as an initial paycheck protection loan. Further the bill modifies the Paycheck Protection Program by, among other things, (1) expanding forgivable expenses, (2) allowing borrowers to select an eight-week period through December 31, 2020, to use their paycheck protection loan, (3) simplifying the forgiveness application for smaller loans, (4) expanding eligibility to certain chambers of commerce and destination marketing organizations, and (5) establishing a specific loan calculation for farmers and ranchers.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
22 August 2020
Introduced
Referred to the Committee on Small Business, and in addition to the Committees on the Judiciary, the Budget, and Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
22 August 2020
Introduced
Introduced in House
Source: IntroReferral
22 August 2020
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 22 August 2020 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 22 August 2020
Introduced in House (PDF)
Introduced in House · EN · 22 August 2020
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Introduced in House
summary · EN · 22 August 2020
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
Related records
- related to → Continuing Small Business Recovery and Paycheck Protection Program Act
- related to ← To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
- related to ← Continuing the Paycheck Protection Program Act
- related to ← Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8087
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8087
- us · 116-hr-8087 · source updated 10 January 2026