Tillis Introduce Loan Interest Forgiveness for Taxpayers Under a Pandemic Act

Sens. Cruz, Rubio, Capito, Tillis Introduce Loan Interest Forgiveness for Taxpayers Under a Pandemic Act

Legislation would provide small businesses debt forgiveness for SBA disaster loans WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), Marco Rubio (R-Fla.), Shelley Moore Capito (R-W.Va.), and Thom Tillis (R-N.C.) today introduced the Loan Interest Forgiveness for Taxpayers Under a Pandemic (LIFT UP) Act, legislation that would expand the eligibility for debt forgiveness provided in the CARES Act to small businesses that received Small Business Administration (SBA) disaster loans. “Small businesses are the backbone of […]