To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.

I 116TH CONGRESS 2D SESSION H. R. 6475 To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes. IN THE HOUSE OF REPRESENTATIVES APRIL 10, 2020 Mr. GREEN of Texas introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. ELIGIBILITY OF COVERED ENTITIES FOR THE 3 PAYCHECK PROTECTION PROGRAM. 4 (a) IN GENERAL.—Section 7(a)(36) of the Small 5 Business Act (15 U.S.C. 636(a)(36)) is amended— 6 (1) in subparagraph (A)— 7 (A) in clause (viii), by striking ‘‘and’’ at 8 the end; 9 VerDate Sep 11 2014 02:49 Apr 18, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H6475.IH H6475 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 6475 IH (B) in clause (ix), by striking the period at 1 the end and inserting a semicolon; and 2 (C) by adding at the end the following: 3 ‘‘(x) the term ‘covered entity’ 4 means— 5 ‘‘(I) financial businesses (as de- 6 fined in section 120.110(b) of title 13, 7 Code of Federal Regulations); and 8 ‘‘(II) legal gambling businesses 9 (as described under section 10 120.110(g) of title 13, Code of Fed- 11 eral Regulations).’’; and 12 (2) in subparagraph (D), by inserting ‘‘covered 13 entity,’’ after ‘‘veterans organization,’’ each place it 14 appears. 15 Æ VerDate Sep 11 2014 02:49 Apr 18, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H6475.IH H6475 kjohnson on DSK79L0C42PROD with BILLS