Bill Sponsor
House Bill 6818
116th Congress(2019-2020)
To amend the CARES Act to provide for the prioritization of applications from certain small businesses seeking Payroll Protection Program loans through the Small Business Administration.
Introduced
Introduced
Introduced in House on May 12, 2020
Overview
Text
Introduced in House 
May 12, 2020
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Introduced in House(May 12, 2020)
May 12, 2020
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 6818 (Introduced-in-House)


116th CONGRESS
2d Session
H. R. 6818


To amend the CARES Act to provide for the prioritization of applications from certain small businesses seeking Payroll Protection Program loans through the Small Business Administration.


IN THE HOUSE OF REPRESENTATIVES

May 12, 2020

Mr. Green of Texas (for himself and Mrs. Beatty) introduced the following bill; which was referred to the Committee on Small Business


A BILL

To amend the CARES Act to provide for the prioritization of applications from certain small businesses seeking Payroll Protection Program loans through the Small Business Administration.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Amendments to the Paycheck Protection Program.

(a) Set aside for smaller employers.—Section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) is amended—

(1) By adding at the end the following:

“(T) SET ASIDE FOR SMALLER EMPLOYERS.—In making loan guarantees under this paragraph after the date of enactment of this clause, the Administrator shall guarantee that employers having 25 or fewer full-time or part-time employees as of February 15, 2020, shall receive not less than 50 percent of all loan dollars.”.