Bill Sponsor
Senate Bill 4001
116th Congress(2019-2020)
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
Introduced
Introduced
Introduced in Senate on Jun 18, 2020
Overview
Text
Introduced in Senate 
Jun 18, 2020
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.
Introduced in Senate(Jun 18, 2020)
Jun 18, 2020
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.
S. 4001 (Introduced-in-Senate)


116th CONGRESS
2d Session
S. 4001


To amend title IX of the Social Security Act to improve emergency unemployment relief for governmental entities and nonprofit organizations.


IN THE SENATE OF THE UNITED STATES

June 18, 2020

Mr. Scott of South Carolina (for himself, Mr. Brown, Mr. Grassley, Mr. Wyden, Mr. Cornyn, Mr. Carper, Mr. Lankford, Mr. Casey, Mr. Perdue, and Ms. Hassan) introduced the following bill; which was read twice and referred to the Committee on Finance


A BILL

To amend title IX of the Social Security Act to improve emergency unemployment relief for governmental entities and nonprofit organizations.

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

SECTION 1. Short title.

This Act may be cited as the “Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020”.

SEC. 2. Improving emergency unemployment relief for governmental entities and nonprofit organizations.

(a) In general.—Section 903(i)(1) of the Social Security Act (42 U.S.C. 1103(i)(1)) is amended—

(1) in subparagraph (A), by striking “during” and inserting “with respect to”;

(2) in subparagraph (B), by striking “3309(a)(1)” and inserting “3309(a)”; and

(3) by striking subparagraph (C) and inserting the following new subparagraph:

“(C) Notwithstanding any other provision of law, funds transferred to the account of a State under subparagraph (A) shall be used exclusively to reduce the amounts required to be paid in lieu of contributions into the State unemployment fund pursuant to such section by governmental entities and other organizations described in section 3309(a) of such Code.”.

(b) Effective date.—

(1) IN GENERAL.—Subject to paragraph (2), the amendments made by subsection (a) shall take effect as if included in the enactment of section 2103 of the Relief for Workers Affected by Coronavirus Act (contained in subtitle A of title II of division A of the CARES Act (Public Law 116–136)).

(2) APPLICATION TO WEEKS PRIOR TO ENACTMENT.—For weeks of unemployment that occurred on or after March 13, 2020, and prior to the date of enactment of this section, States may—

(A) issue reimbursements in accordance with section 903(i)(1)(C) of the Social Security Act, as in effect prior to the date of enactment of this section; or

(B) reduce the amounts required to be paid in accordance with such section 903(i)(1)(C), as amended by subsection (a).