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Proposal:COVID Economic Injury Disaster Loan Relief Act

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

COVID Economic Injury Disaster Loan Relief Act

This bill extends the deferment of a borrower's payments on an economic injury disaster loan taken in response to COVID-19 (i.e., coronavirus disease 2019) from one year to two years from the date on which the loan is made.

Bill Title

COVID Economic Injury Disaster Loan Relief Act

Linked Goals

Steps

  • 2021-03-03: Referred to the House Committee on Small Business.
  • 2021-03-03: Introduced in House
  • 2021-03-03: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.