[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6818 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 6818

      To amend the CARES Act to provide for the prioritization of 
 applications from certain small businesses seeking Payroll Protection 
        Program loans through the Small Business Administration.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 2020

    Mr. Green of Texas (for himself and Mrs. Beatty) introduced the 
 following bill; which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
      To amend the CARES Act to provide for the prioritization of 
 applications from certain small businesses seeking Payroll Protection 
        Program loans through the Small Business Administration.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AMENDMENTS TO THE PAYCHECK PROTECTION PROGRAM.

    (a) Set Aside for Smaller Employers.--Section 7(a)(36) of the Small 
Business Act (15 U.S.C. 636(a)(36)) is amended--
            (1) By adding at the end the following:
                    ``(T) Set aside for smaller employers.--In making 
                loan guarantees under this paragraph after the date of 
                enactment of this clause, the Administrator shall 
                guarantee that employers having 25 or fewer full-time 
                or part-time employees as of February 15, 2020, shall 
                receive not less than 50 percent of all loan 
                dollars.''.
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