Rep. Pete Olson (TX-22) today announced the Loan Interest Forgiveness for Taxpayers Under a Pandemic (LIFT UP) Act with Congresswomen Lizzie Fletcher (TX-07). This legislation extends the six months of debt forgiveness provided by the CARES Act for small businesses that have previously received Small Business Administration (SBA) disaster loans. This is the House companion to Senator Ted Cruz’s Loan Interest Forgiveness for Taxpayers Under a Pandemic (LIFT UP) Act of 2020. “The Houston region […]
