116th CONGRESS 2d Session |
To permit the Administrator of the Small Business Administration to deem certain nonprofit organizations serving developmentally disabled individuals as eligible to participate in the paycheck protection program, and for other purposes.
July 16, 2020
Mrs. Walorski introduced the following bill; which was referred to the Committee on Small Business
To permit the Administrator of the Small Business Administration to deem certain nonprofit organizations serving developmentally disabled individuals as eligible to participate in the paycheck protection program, 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. Paycheck protection program eligibility for certain nonprofit organizations serving developmentally disabled individuals.
Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(36)(D)) is amended by adding at the end the following new clause:
“(vii) NONPROFITS SERVING CERTAIN DISABLED INDIVIDUALS.—
“(I) SIZE STANDARD WAIVER.—For the purposes of determining whether a covered nonprofit organization is eligible to receive a covered loan, the Administrator may deem such organization as employing not more than the size standard in number of employees established by the Administration for the industry in which such organization operates or, if no such size standard is applicable, not more than 500 employees.
“(II) REVENUE NOT BASIS FOR INELIGIBILITY.—A covered nonprofit organization may not be determined to be ineligible for a covered loan due to the annual gross receipts of such organization.
“(III) COVERED NONPROFIT ORGANIZATION DEFINED.—In this clause, the term ‘covered nonprofit organization’ means a nonprofit organization that—
“(aa) that provides home and community-based services (as referred to in section 1915(c)(1) of the Social Security Act (42 U.S.C. 1396n(c)(1))) to individuals with developmental disabilities (as defined in section 102(8) of the Developmental Disabilities Assistance and Bill of Rights Act of 2000 (42 U.S.C. 15002(8))); and
“(bb) whose annual gross receipts do not exceed $30,000,000.”.