3.0.0 3760 2022-12-30T17:32:54Z 2022-12-30T17:32:54Z House HR 2021-06-08 117 [Congressional Record Volume 167, Number 99 (Tuesday, June 8, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. DelBENE:H.R. 3760.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8[Page H2701]]]> hssm00 Small Business Committee House Standing Referred to 2021-06-08T14:08:25Z Remote Recreational Small Business Interruption Program Act 117 1492 S 2021-04-29 Read twice and referred to the Committee on Small Business and Entrepreneurship. Related bill CRS 2021-06-08 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2021-06-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-06-08 Introduced in House IntroReferral 1000 9 Library of Congress D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 N S001159 Rep. Strickland, Marilyn [D-WA-10] Marilyn Strickland D WA 10 2021-06-28 False L000560 Rep. Larsen, Rick [D-WA-2] RICK LARSEN D WA 2 2021-06-28 False K000381 Rep. Kilmer, Derek [D-WA-6] Derek Kilmer D WA 6 2021-07-19 False Commerce Border security and unlawful immigration Canada Cardiovascular and respiratory health Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Small business Commerce 00 2021-06-08 Introduced in House 2021-09-29T15:50:57Z Point Roberts Small Business Fairness Act

This bill requires the Small Business Administration (SBA) to establish a program to make forgivable loans to certain small businesses that are impacted by border closures due to COVID-19 (i.e., coronavirus disease 2019).

Eligible small businesses must (1) have experienced a loss in revenue that is greater than 50% during the second, third, or fourth quarter of 2020 compared with the same period in the previous year; and (2) show that the closure of the U.S.-Canada border directly resulted in a reduction in gross receipts or restricted the ability of American customers to access the location of such businesses.

The maximum loan amount shall be equal to 75% of the business's FY2019 revenue, and the SBA shall forgive 100% of the value of such loan, less the amount the borrower received from (1) any other loan forgiveness program, or (2) any emergency advance under the economic impact disaster loan program.

]]> Point Roberts Small Business Fairness Act Display Title Point Roberts Small Business Fairness Act Official Title as Introduced To direct the Administrator of the Small Business Administration to establish a forgivable loan program for certain businesses located near the United States and Canadian border, and for other purposes. Introduced in House IH Short Title(s) as Introduced Point Roberts Small Business Fairness Act Introduced in House IH Introduced in House 2021-06-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr3760ih/xml/BILLS-117hr3760ih.xml 2021-06-08 Referred to the House Committee on Small Business. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.