Modern Healthcare: The House of Representatives on Thursday passed legislation that would allow healthcare providers that received forgivable small business loans more flexibility on how they can spend the money.
The House overwhelmingly passed the Paycheck Protection Program Flexibility Act 417-1. The bill is timely because the current eight-week deadline for borrowers to use funds is approaching for the first businesses who received Paycheck Protection Program loans. There is a similar proposal in the Senate, though it is unclear what shape final legislation could take.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now