Law 360: Bipartisan Bill Seeks PPP Access Despite Criminal Records
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Portman's office told Law360 the bipartisan bill is similar to language included in the House-passed Heroes Act, a sweeping $3 trillion relief package crafted by Democrats and unlikely to get consideration in the GOP-led Senate.
With its bipartisan support, Portman's narrow bill might pass Congress quickly, but the loan program is set to stop accepting applications June 30. It seems unlikely to run out before then: As of Thursday, the SBA reports using about $511 billion of the total $660 billion authorized to guarantee the private loans.
The bill brings endorsements from outside groups including criminal justice reform advocates and conservative groups: the American Civil Liberties Union, the American Conservative Union, FreedomWorks, the Prison Fellowship, Americans for Tax Reform, the Justice Action Network, #cut50, Collateral Consequences Resource Center, the National Association of Criminal Defense Lawyers, Digital Liberty, the Safer Foundation, the Jewish Council for Public Affairs and The Council of State Governments Justice Center.