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Rep. Vela Lauds Passage of Paycheck Protection Program Flexibility Act of 2020
May 29, 2020
WASHINGTON, May 29 -- Rep. Filemon Vela, D-Texas, issued the following news release:

On Thursday, Congressman Filemon Vela announced the passage of the Paycheck Protection Program Flexibility Act of 2020, a stand-alone bipartisan bill that makes much needed changes to the small-business loan program.

The Paycheck Protection Program Flexibility Act eliminates the requirement that no more than 25 percent of the loan be spent on non-payroll related expenses, benefiting bu . . .

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