116th CONGRESS 2d Session |
To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, and for other purposes.
October 6, 2020
Mr. Golden (for himself and Mr. Kelly of Mississippi) introduced the following bill; which was referred to the Committee on Small Business
To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, 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. Amount of emergency EIDL advances for certain veterans service organizations.
Notwithstanding any other provision of law, the Administrator of the Small Business Administration shall ensure that a veterans service organization with not more than one employee that applies for an advance under section 1110(e) of the CARES Act (15 U.S.C. 9005(e)) is not subject to a cap on such advance that is less than $5,000.