Senate Bill 4258
116th Congress(2019-2020)
SOS Act
Introduced
Introduced
Introduced in Senate on Jul 22, 2020
Overview
Text
Introduced
Jul 22, 2020
Latest Action
Jul 22, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4258
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Texas
Missouri
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Delaware
Illinois
Louisiana
Louisiana
Massachusetts
Massachusetts
Michigan
Minnesota
Minnesota
Mississippi
Mississippi
Montana
New Hampshire
New Hampshire
New Jersey
New Jersey
New Mexico
New Mexico
North Carolina
North Dakota
Oregon
Pennsylvania
Rhode Island
Rhode Island
South Carolina
Alabama
Virginia
Virginia
Washington
Washington
West Virginia
Wisconsin
No Senate votes have been held for this bill.
Summary

Save our Stages Act or the SOS Act

This bill authorizes the Small Business Administration (SBA) to make grants to eligible live venue operators, producers, promoters, or talent representatives to address the economic effects of the COVID-19 (i.e., coronavirus disease 2019) pandemic on certain live venues.

Specifically, the SBA may make (1) an initial grant of up to $12 million dollars to an eligible operator, promoter, producer, or talent representative; and (2) a supplemental grant that is equal to 50% of the initial grant. An initial grant must be used for costs incurred between March 1, 2020, and December 31, 2020, but a supplemental grant may be used for expenses incurred through June 30, 2021.

Such grants shall be used for specified expenses such as payroll costs, rent, utilities, and personal protective equipment.

Text (1)
Actions (2)
07/22/2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
07/22/2020
Introduced in Senate
Public Record
Created
Jul 23, 2020 4:42:09 AM
Updated
Apr 16, 2021 7:20:20 PM