The Paycheck Protection Flexibility Act, H.R. 7010, which extends the period to use Paycheck Protection Program funds to 24 weeks, passed with unanimous consent in the Senate, and passed the House last week 471-1. The legislation also reduces the level of Paycheck Protection Program funds that must be used for payroll to 60% from 75%.
COVID-19 REGULATORY RESPONSE TRACKER
Tracking U.S. Economic and Financial Policy Responses to the Coronavirus Crisis
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