H.R. 7010 · 116th Congress · 2019–2020
Paycheck Protection Program Flexibility Act of 2020
H.R. 7010 in the 116th Congress (2019–2020) became law — introduced on May 26, 2020, sponsored by Dean Phillips with 86 co-sponsors. Congress held 1 roll call vote on it.
During the 116th Congress (2019–2020), Donald Trump was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Became law
- Introduced
- May 26, 2020
- Co-sponsors
- 86
- Policy area
- Commerce
- Public law
- Public Law 116-142
What it does
Paycheck Protection Program Flexibility Act of 2020 This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan with a remaining balance after forgiveness.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Dean Phillips (D-MN). Co-sponsors: 56 Democrats, 30 Republicans.
Where it stands
- IntroducedMay 26, 2020
- Passed the HouseMay 28, 2020
- Passed the SenateJun 3, 2020
- Sent to the PresidentJun 5, 2020
- Became lawJun 5, 2020
Latest action: Became Public Law No: 116-142. (Jun 5, 2020)
How Congress voted
- On Motion to Suspend the Rules and Pass, as Amended
House · May 28, 2020 · Passed417–1
Every roll call vote on this bill
- Paycheck Protection Program Flexibility ActHouse · May 28, 2020
Other Commerce bills in the 116th Congress
- S. 862: Rebuilding Small Businesses After Disasters Act
- S. 4116: A bill to extend the authority for commitments for the paycheck protection program and separate…
- H.R. 4779: To extend the Undertaking Spam, Spyware, And Fraud Enforcement With Enforcers beyond Borders Act…
- S. 4075: Reinvigorating Lending for the Future Act
- S. 2258: Criminal Antitrust Anti-Retaliation Act of 2019
- H.R. 6435: Combating Pandemic Scams Act of 2020
- H.R. 7259: Patents for Humanity Program Improvement Act
- H.R. 2426: Copyright Alternative in Small-Claims Enforcement Act of 2019
- H.R. 2633: Study of Office of Rural Affairs, within the Small Business Administration
- H.R. 3219: United States Call Center Worker and Consumer Protection Act of 2019
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 7010 (116th Congress): Paycheck Protection Program Flexibility…,” https://www.capitolreceipts.com/bill/116-hr-7010/paycheck-protection-program-flexibility-act-of-2020 (accessed 2026-10-16).