[Congressional Record Volume 166, Number 144 (Wednesday, August 12, 2020)]
[Senate]
[Pages S5400-S5401]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2649. Mrs. BLACKBURN 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. ___. TAX TREATMENT OF PROVIDER RELIEF FUND PAYMENTS TO
HEALTH CARE PROVIDERS.
(a) Taxability.--Notwithstanding any other law, for
purposes of the Internal Revenue Code of 1986--
(1) the amount of any CARES Act Provider Relief Fund
payment shall be excluded from the gross income of the
recipient of such payment; and
(2) no deduction shall be denied or reduced, no tax
attribute shall be reduced, and no basis increase shall be
denied, by reason of the exclusion from gross income provided
by this subsection.
(b) CARES Act Provider Relief Fund Payment.--For purposes
of this section, the term ``CARES Act Provider Relief Fund
payment'' means any grant or similar assistance
[[Page S5401]]
provided by the Secretary of Health and Human Services under
the provider relief fund established through the Public
Health and Social Services Emergency Fund under the
Coronavirus Aid, Relief, and Economic Security Act (Public
Law 116-136), including any additional amounts appropriated
to such fund under the Paycheck Protection Program and Health
Care Enhancement Act (Public Law 116-139) or any other
provision of law enacted after the date of enactment of such
Act.
______