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Prohibiting Loans for Abortion Providers from Paycheck Protection Program

This bill aims to prevent organizations providing abortion services from receiving loans through the government's Paycheck Protection Program. It changes the rules for financial support access for certain entities, potentially impacting their operations and service availability. The bill also mandates an investigation into previously issued loans.
Key points
Entities providing abortions, with some exceptions (e.g., hospitals), will be ineligible for Paycheck Protection Program loans.
The changes are retroactive, effective as if included in the original CARES Act.
The Inspector General of the Small Business Administration must investigate and report to Congress on loans received by abortion providers, including Planned Parenthood.
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Additional Information
Abortion Providers Loan Elimination Act
Print number: HR 2849
Sponsor: Rep. Murphy, Gregory [R-NC-3]
Process start date: 2021-04-26