PoliticalRepoPoliticalRepo

United States · Bill · S

S. 3865 (116th)

Paycheck Protection Program Second Chance Act

openUnited States· United States Congress· EN

Introduced

2 June 2020

Last action

Status

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-605.

Sponsors

Subjects

Discovery layer

Source updated

2 April 2025

Summary

Paycheck Protection Program Second Chance Act This bill requires specified treatment of certain criminal violations under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides that an entity shall not be ineligible for a paycheck protection loan if certain owners have prior arrests or convictions, unless the owner (1) is incarcerated as of the date of the loan application, or (2) has been convicted of a felony of financial fraud or deception during the five-year period prior to the loan application.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.