[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6475 Introduced in House (IH)]

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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 Representatives of the 
United States of America in Congress assembled,

SECTION 1. ELIGIBILITY OF COVERED ENTITIES FOR THE PAYCHECK PROTECTION 
              PROGRAM.

    (a) In General.--Section 7(a)(36) of the Small Business Act (15 
U.S.C. 636(a)(36)) is amended--
            (1) in subparagraph (A)--
                    (A) in clause (viii), by striking ``and'' at the 
                end;
                    (B) in clause (ix), by striking the period at the 
                end and inserting a semicolon; and
                    (C) by adding at the end the following:
                            ``(x) the term `covered entity' means--
                                    ``(I) financial businesses (as 
                                defined in section 120.110(b) of title 
                                13, Code of Federal Regulations); and
                                    ``(II) legal gambling businesses 
                                (as described under section 120.110(g) 
                                of title 13, Code of Federal 
                                Regulations).''; and
            (2) in subparagraph (D), by inserting ``covered entity,'' 
        after ``veterans organization,'' each place it appears.
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