[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6861 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 6861

To amend the Small Business Act to require collection and reporting of 
demographic data for applicants of the Paycheck Protection Program, and 
                          for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 14, 2020

Ms. Judy Chu of California (for herself, Mr. Cardenas, and Mr. Veasey) 
 introduced the following bill; which was referred to the Committee on 
                             Small Business

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to require collection and reporting of 
demographic data for applicants of 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. SHORT TITLE.

    This Act may be cited as the ``PPP Data and Diversity 
Accountability Act of 2020''.

SEC. 2. REPORTING OF DEMOGRAPHIC DATA FOR APPLICANTS TO THE PAYCHECK 
              PROTECTION PROGRAM.

    Section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) 
is amended by inserting the following new subparagraph:
                    ``(T) Data collection and report.--The 
                Administrator shall develop and implement a process for 
                the systematic collection of demographic data of 
                recipients of assistance under this paragraph and the 
                number of loans approved and denied under this 
                paragraph. Such data shall specify whether applicants 
                are women, veterans, or minorities, disaggregated by 
                race in a manner that captures all the racial groups 
                specified in the American Community Survey conducted by 
                the Bureau of the Census. Not less frequently than 
                quarterly, the Administrator shall submit to Congress a 
                report containing the results of this data 
                collection.''.
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