3.0.0 327 2023-03-08T20:12:49Z 2023-03-08T20:12:49Z Senate S 2021-02-12 117 ssfi00 Finance Committee Senate Standing Referred to 2021-02-12T19:45:54Z 2021-02-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-02-12 Introduced in Senate IntroReferral 10000 9 Library of Congress K000377 Sen. Kelly, Mark [D-AZ] Mark Kelly D AZ N C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2021-02-12 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2021-11-18 False Commerce Arizona Business expenses California Cardiovascular and respiratory health Emergency medical services and trauma care Employee leave Foreign language and bilingual programs Government lending and loan guarantees Infectious and parasitic diseases New Mexico Small business Texas Wages and earnings Commerce 00 2021-02-12 Introduced in Senate 2021-06-28T18:42:48Z Border Business COVID-19 Rescue Act

This bill requires the Small Business Administration to establish a loan program to assist border businesses that are directly impacted by the COVID-19 (i.e., coronavirus disease 2019) pandemic. For the purposes of this bill, the term border business refers to a business that (1) is eligible for an economic injury disaster loan, (2) has its principal office located in the contiguous United States and is located within 25 miles of the U.S. border, (3) has fewer than 50 employees and annual revenue of $1 million or less, and (4) demonstrates a reduction in revenue from specified prior periods.

Recipients must use loan funds for purposes related to COVID-19 such as (1) providing sick leave to employees, (2) meeting increased costs arising from interrupted supply chains, or (3) paying for logistical expenses associated with border closures.

]]> Border Business COVID–19 Rescue Act Display Title Border Business COVID–19 Rescue Act Official Title as Introduced A bill to direct the Administrator of the Small Business Administration to establish a border closure recovery loan program for small businesses located near the United States border, and for other purposes. Introduced in Senate IS Short Title(s) as Introduced Border Business COVID–19 Rescue Act Introduced in Senate IS Introduced in Senate 2021-02-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s327is/xml/BILLS-117s327is.xml 2021-02-12 Read twice and referred to the Committee on Finance. 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.