S.Amdt. 2607Senate116th Congress (2019-2021)2nd degree
S.Amdt. 2607
Sponsored by
Sen. Joni Ernst (R-IA)
Submitted August 6, 2020
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Senate amendment submitted
August 6, 2020
Text
Submitted
SA 2607. Ms. ERNST submitted an amendment intended to be proposed to amendment SA 2499 proposed by Mr. McConnell to the bill S. 178, to condemn gross human rights violations of ethnic Turkic Muslims in Xinjiang, and calling for an end to arbitrary detention, torture, and harassment of these communities inside and outside China; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. __. BUSINESSES EMPLOYING ESSENTIAL CRITICAL INFRASTRUCTURE WORKERS. (a) In General.--Section 7(a)(36)(D)(iii) of the Small Business Act (15 U.S.C. 636(a)(36)(D)(iii) is amended-- (1) by striking ``During'' and inserting the following: ``(I) In general.--During''; and (2) by adding at the end the following: ``(II) Business concerns employing essential critical infrastructure workers.-- ``(aa) Definition.--In this subclause, the term `critical infrastructure business concern' means a business concern that-- ``(AA) employs 1 or more essential critical infrastructure workers (as defined in guidance from the Secretary of Homeland Security); ``(BB) employs not more than 500 employees per physical location of the business concern; and ``(CC) has operations that, if organized as a separate business entity, would be assigned a North American Industry Classification System code beginning with 72 at the time of the disbursal. ``(bb) Eligibility.--During the covered period, any critical infrastructure business concern shall be eligible to receive a covered loan. ``(cc) Application of loan and forgiveness requirements.-- For purposes of determining the loan amount and applying all other requirements and terms under this paragraph or section 1106 of the CARES Act (15 U.S.C. 9005) with respect to a critical infrastructure business concern, the eligible recipient of the covered loan shall be that portion of the critical infrastructure business concern that, if organized as a separate business entity, would be assigned a North American Industry Classification System code beginning with 72.''. ______