[Congressional Record Volume 166, Number 140 (Thursday, August 6, 2020)]
[Senate]
[Page S5300]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2598. Mr. INHOFE submitted an amendment intended to be proposed to 
amendment SA 2499 proposed by Mr. McConnell to the bill S. 178, to 
condemn gross human rights violations of ethnic Turkic Muslims in 
Xinjiang, and calling for an end to arbitrary detention, torture, and 
harassment of these communities inside and outside China; which was 
ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. USE OF PPP LOANS FOR SUPPLIER COSTS.

       (a) In General.--Section 7(a)(36)(F)(i) of the Small 
     Business Act (15 U.S.C. 636(a)(36)(F)(i)) is amended--
       (1) in subclause (VI), by striking ``and'' at the end;
       (2) in subclause (VII), by striking the period at the end 
     and inserting ``; and''; and
       (3) by adding at the end the following:

       ``(VIII) covered supplier costs, as defined in section 
     1106(a) of the CARES Act (15 U.S.C. 9005(a)).''.

       (b) Loan Forgiveness.--Section 1106 of the CARES Act (15 
     U.S.C. 9005) is amended--
       (1) in subsection (a)--
       (A) by redesignating paragraphs (5), (6), (7), and (8) as 
     paragraphs (6), (7), (8), and (9), respectively;
       (B) by inserting after paragraph (4) the following:
       ``(5) the term `covered supplier cost' means an expenditure 
     made by an entity to a supplier of goods pursuant to a 
     contract in effect before February 15, 2020 for the supply of 
     goods that are essential to the operations of the entity at 
     the time at which the expenditure is made;'';
       (C) in paragraph (8), as so redesignated--
       (i) in subparagraph (C), by striking ``and'' at the end; 
     and
       (ii) by adding at the end the following:
       ``(E) covered supplier costs; and'';
       (2) in subsection (b) by adding at the end the following:
       ``(5) Any covered supplier cost.'';
       (3) in subsection (d)(8), by inserting ``any payment on any 
     covered supplier cost,'' after ``rent obligation,''; and
       (4) in subsection (e)--
       (A) in paragraph (2), by inserting ``payments on covered 
     supplier costs'' after ``lease obligations,''; and
       (B) in paragraph (3)(B), by inserting ``make payments on 
     covered supplier costs,'' after ``rent obligation,''.
       (c) Effective Date; Applicability.--The amendments made by 
     section shall be effective as if included in the CARES Act 
     (Public Law 116-136) and shall apply to any loan made 
     pursuant to section 7(a)(36) of the Small Business Act (15 
     U.S.C. 636(a)(36)).
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