[Congressional Record Volume 166, Number 140 (Thursday, August 6, 2020)]
[Senate]
[Page S5303]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2606. Mrs. LOEFFLER 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. ___. ADDITIONAL ELIGIBLE EXPENSES.
(a) Allowable Use of PPP Loan.--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 operations expenditures, 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 (3) through (8) as
paragraphs (4) through (9), respectively;
(B) by inserting after paragraph (2) the following:
``(3) the term `covered operations expenditure' means a
payment for any business software or cloud computing service
that facilitates business operations, product or service
delivery, the processing, payment, or tracking of payroll
expenses, human resources, sales and billing functions, or
accounting or tracking of supplies, inventory, records and
expenses;''; and
(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 operations expenditures; and'';
(2) in subsection (b), by adding at the end the following:
``(5) Any covered operations expenditure.'';
(3) in subsection (d)(8), by inserting ``any payment on any
covered operations expenditure,'' after ``rent obligation,'';
and
(4) in subsection (e)--
(A) in paragraph (2), by inserting ``payments on covered
operations expenditures,'' after ``lease obligations,''; and
(B) in paragraph (3)(B), by inserting ``make payments on
covered operations expenditures,'' after ``rent
obligation,''.
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