[Congressional Record Volume 167, Number 41 (Thursday, March 4, 2021)]
[Senate]
[Page S1197]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 929. Mr. MARSHALL submitted an amendment intended to be proposed 
to amendment SA 891 proposed by Mr. Schumer to the bill H.R. 1319, to 
provide for reconciliation pursuant to title II of S. Con. Res. 5; 
which was ordered to lie on the table; as follows:
        At the end of title V, add the following:

     SEC. 5007. PROHIBITION ON PPP LOANS FOR ABORTION PROVIDERS.

       (a) In General.--Section 7(a)(36) of the Small Business Act 
     (15 U.S.C. 636(a)(36)) is amended by adding at the end the 
     following:
       ``(T) Prohibition on covered loans for abortion 
     providers.--
       ``(i) In general.--Except as provided in clause (ii), no 
     individual or entity that provides abortions shall be 
     eligible to receive a covered loan.
       ``(ii) Exceptions.--Clause (i) shall not apply to--

       ``(I) a hospital, as defined in section 1861(e) of the 
     Social Security Act (42 U.S.C. 1395x(e)); or
       ``(II) an entity that exclusively provides abortions 
     described in section 507(a) of the Further Consolidated 
     Appropriations Act, 2020 (Public Law 116-94).''.

       (b) Effective Date.--The amendment made by this section 
     shall be effective as if included in the enactment of the 
     CARES Act (Public Law 116-136).
       (c) Inspector General Report.--Not later than 6 months 
     after the date of enactment of this Act, the Inspector 
     General of the Small Business Administration shall conduct an 
     investigation and submit to Congress a report on the number 
     of loans made to the Planned Parenthood Federation of America 
     pursuant to section 7(a)(36) of the Small Business Act (15 
     U.S.C. 636(a)(36)) and to other individuals or entities that 
     provide abortions.
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