Library / Laws / 117th / hr / H.R. 1533 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 1533
IN THE HOUSE OF REPRESENTATIVES
March 3, 2021Ms. Salazar (for herself, Ms. Davids of Kansas, Mr. Meuser, Ms. Craig, and Mr. Diaz-Balart) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To extend the deferment of EIDL loans made in response to COVID–19 from 1 year to 2 years.
1.
Short title
This Act may be cited as the COVID Economic Injury Disaster Loan Relief Act.
2.
Extend EIDL deferment
With respect to any loan made under section 7(b)(2) of the Small Business Act (15 U.S.C. 636(b)(2)) in response to COVID–19, the payment of principal and interest charges shall be suspended for the 2-year period beginning on the date on which such loan is or was made.