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H.R. 266, Paycheck Protection Program and Health Care Enhancement Act (CBO Report for Congress)

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Congress 116th
Date Requested April 21, 2020
Requested By the Senate
Date Sent April 22, 2020
Description:
Division A would increase the subsidy appropriation for the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP) by $321 billion in 2020. The legislation would require the SBA to use at least $60 billion of the PPP subsidy to guarantee loans made by smaller depository institutions, credit unions, and community financial institutions. It also would increase the authorization for Economic Injury Disaster Loans (EIDLs) by $10 billion; that authorization is not shown in this table because funding for EIDLs is part of the appropriations provided in division B and is shown in Table 2.  

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