The U.S. House of Representatives on July 1, 2020, passed, by unanimous consent, legislation to extend the deadline for applying for loans under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020.
The Senate passed the bill on June 30, 2020.
The bill is S. 4116
The House on July 1, 2020, passed an amended version of an infrastructure bill—H.R. 2, the “Moving Forward Act”—by a vote of 233-188 (most House Democrats voted for the bill, while most House Republicans voted against the bill).
The bill includes a host of tax provisions.
The Senate has not scheduled action on H.R. 2. As a reminder, to become law, identical legislation must pass both the House and the Senate and be signed by the president.
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