    [United States Statutes at Large, Volume 134, 116th Congress, 2nd Session]
    [From the U.S. Government Publishing Office, www.gpo.gov]

    Public Law 116-147
    116th Congress

    An Act

    To extend the authority for commitments for the paycheck protection
    program and separate amounts authorized for other loans under section
    7(a) of the Small Business Act, and for other purposes. <>

    Be it enacted by the Senate and House of Representatives of the
    United States of America in Congress assembled,
    SECTION 1. EXTENDING AUTHORITY FOR COMMITMENTS FOR THE PAYCHECK
    PROTECTION PROGRAM AND SEPARATING
    AMOUNTS AUTHORIZED FOR OTHER 7(A)
    LOANS.

    Section 1102(b) of title I of division A of the Coronavirus Aid,
    Relief, and Economic Security Act (Public Law 116-136) <>  is amended to read as follows:

    ``(b) <>  Commitments for PPP and Other 7(a)
    Loans.--
    ``(1) PPP loans.--During the period beginning on February
    15, 2020 and ending on August 8, 2020, the amount authorized for
    commitments under paragraph (36) of section 7(a) of the Small
    Business Act (15 U.S.C. 636(a)) shall be $659,000,000,000.
    ``(2) <>  Other 7(a) loans.--During
    fiscal year 2020, the amount authorized for commitments for
    section 7(a) of the Small Business Act (15 U.S.C. 636(a)) under
    the heading `business loans program account' under the heading
    `Small Business Administration' under title V of the
    Consolidated Appro priations Act, 2020 (Public Law 116-93; 133
    Stat. 2475) shall apply with respect to any commitments under
    such section 7(a) other than under paragraph (36) of such
    section 7(a).''.

    Approved July 4, 2020.

    LEGISLATIVE HISTORY--S. 4116:
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    CONGRESSIONAL RECORD, Vol. 166 (2020):
    June 30, considered and passed Senate.
    July 1, considered and passed House.