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Senate Bill 4446
116th Congress(2019-2020)
Tribal Business Access to PPP Act
Introduced
Introduced
Introduced in Senate on Aug 5, 2020
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Introduced in Senate 
Aug 5, 2020
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Introduced in Senate(Aug 5, 2020)
Aug 5, 2020
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S. 4446 (Introduced-in-Senate)


116th CONGRESS
2d Session
S. 4446


To waive affiliation rules under the paycheck protection program for Tribal business concerns with the same employer identification number, and for other purposes.

IN THE SENATE OF THE UNITED STATES

August 5, 2020

Mr. Bennet (for himself, Mr. Blumenthal, and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

To waive affiliation rules under the paycheck protection program for Tribal business concerns with the same employer identification number, 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. Short title.

This Act may be cited as the “Tribal Business Access to PPP Act”.

SEC. 2. Waiver of affiliation rules under the paycheck protection program for Tribal business concerns with same EIN.

Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(36)(D)) is amended—

(1) in clause (v), by striking “, veterans organization, or Tribal business concern” and inserting “or veterans organization”; and

(2) by adding at the end the following:

    “(vii) NO AFFILIATION BETWEEN TRIBAL BUSINESS CONCERNS BASED ON SHARED EIN.—During the covered period, for purposes of determining eligibility for a covered loan, affiliation shall not be found under section 121.103 of title 13, Code of Federal Regulations, or any successor regulation, between Tribal business concerns described in section 31(b)(2)(C) based solely on a shared employer identification number.”.