[Congressional Record Volume 166, Number 122 (Thursday, July 2, 2020)]
[Senate]
[Page S4240]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  PROTECTING NONPROFITS FROM CATASTROPHIC CASH FLOW STRAIN ACT OF 2020

  Mr. McCONNELL. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of S. 4209, introduced earlier 
today.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The legislative clerk read as follows:

       A bill (S. 4209) to amend title IX of the Social Security 
     Act to improve emergency unemployment relief for governmental 
     entities and nonprofit organizations.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. McCONNELL. I ask unanimous consent that the bill be considered 
read a third time and passed and the motion to reconsider be considered 
made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 4209) was ordered to be engrossed for a third reading, 
was read the third time, and passed as follows

                                S. 4209

       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 ``Protecting Nonprofits from 
     Catastrophic Cash Flow Strain Act of 2020''.

     SEC. 2. IMPROVING EMERGENCY UNEMPLOYMENT RELIEF FOR 
                   GOVERNMENTAL ENTITIES AND NONPROFIT 
                   ORGANIZATIONS.

       (a) In General.--Section 903(i)(1) of the Social Security 
     Act (42 U.S.C. 1103(i)(1)) is amended--
       (1) in subparagraph (A), by striking ``during'' and 
     inserting ``with respect to'';
       (2) in subparagraph (B), by striking ``3309(a)(1)'' and 
     inserting ``3309(a)''; and
       (3) by striking subparagraph (C) and inserting the 
     following new subparagraph:
       ``(C) Notwithstanding any other provision of law, funds 
     transferred to the account of a State under subparagraph (A) 
     shall be used exclusively to reduce the amounts required to 
     be paid in lieu of contributions into the State unemployment 
     fund pursuant to such section by governmental entities and 
     other organizations described in section 3309(a) of such 
     Code.''.
       (b) Effective Date.--
       (1) In general.--Subject to paragraph (2), the amendments 
     made by subsection (a) shall take effect as if included in 
     the enactment of section 2103 of the Relief for Workers 
     Affected by Coronavirus Act (contained in subtitle A of title 
     II of division A of the CARES Act (Public Law 116-136)).
       (2) Application to weeks prior to enactment.--For weeks of 
     unemployment that occurred after March 12, 2020, and prior to 
     the date of enactment of this section, States may--
       (A) issue reimbursements in accordance with section 
     903(i)(1)(C) of the Social Security Act, as in effect prior 
     to the date of enactment of this section; or
       (B) reduce the amounts required to be paid in accordance 
     with such section 903(i)(1)(C), as amended by subsection (a).

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