[Congressional Record Volume 172, Number 102 (Wednesday, June 17, 2026)]
[Senate]
[Page S2902]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 5836. Ms. ROSEN submitted an amendment intended to be proposed by 
her to the bill S. 4784, to authorize appropriations for fiscal year 
2027 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. PROTECTION PROVISIONS FOR DEPLOYED SMALL BUSINESS 
                   OWNERS SERVING IN THE RESERVES.

       (a) Definitions.--In this section--
       (1) the term ``active duty'' has the meaning given that 
     term in section 101 of title 10, United States Code;
       (2) the terms ``credit'' and ``creditor'' have the meanings 
     given such terms in section 702 of the Equal Credit 
     Opportunity Act (15 U.S.C. 1691a);
       (3) the term ``reserve component'' means a component 
     specified in section 10101 of title 10, United States Code; 
     and
       (4) the term ``small business concern'' has the meaning 
     given that term under section 3 of the Small Business Act (15 
     U.S.C. 632).
       (b) Waiver.--
       (1) In general.--Notwithstanding any other provision of 
     law, for any Federal economic assistance program for which 
     the eligibility of a small business concern for the 
     assistance, or the amount of the assistance to be made 
     available to a small business concern, is calculated based on 
     the average monthly or total compensation of the employees, 
     or the number of employees, of the small business concern 
     during a specified period, if the small business concern is 
     owned and controlled by a member of a reserve component who 
     is deployed for active duty for a period of not less than 30 
     days during all or a portion of the period during which the 
     assistance will be used, the calculation of the average 
     monthly or total compensation of the employees, or the number 
     of employees, of the small business concern during the 
     specified period shall include any employee who is employed 
     by the small business concern--
       (A) to fulfill the essential duties and responsibilities of 
     the owner during the period the owner is on active duty; and
       (B) during the period--
       (i) beginning 90 days before the date on which the owner 
     commences serving on active duty; and
       (ii) ending 90 days after the date on which the owner 
     ceases serving on active duty.
       (2) Orders.--To be eligible to have the amount of 
     assistance calculated in accordance with paragraph (1), the 
     owner of a small business concern shall provide to the 
     applicable Federal official a copy of the orders directing 
     the owner to report for active duty for a period of not less 
     than 30 days.
       (c) Preservation of MREIDL Eligibility.--Section 7(b)(3) of 
     the Small Business Act (15 U.S.C. 636(b)(3)) is amended by 
     adding at the end the following:
       ``(I) Whether a small business concern is eligible for a 
     loan under this paragraph shall be determined without regard 
     to whether the small business concern is eligible for any 
     other economic assistance, or the amount of any other 
     economic assistance that has been received by the small 
     business concern, from the Federal Government.''.
       (d) Prohibition on Credit Discrimination.--
       (1) In general.--It shall be unlawful for any creditor to 
     discriminate in the terms or conditions of credit offered or 
     provided to any small business concern owned by a member of a 
     reserve component due to a military deployment or any 
     temporary effects of a military deployment.
       (2) Enforcement.--A violation of this subsection shall be 
     treated as a violation of the Equal Credit Opportunity Act 
     (15 U.S.C. 1691 et seq.).
                                 ______