S.Amdt. 1404
What it does: Adds SEC. ___. INELIGIBILITY OF CERTAIN NONPROFIT ORGANIZATIONS UNDER THE PAYCHECK PROTECTION PROGRAM wherever appropriate
Sen. James E. Risch (R-ID)What it changes
1 change to H.R. 1799
Adds SEC. ___. INELIGIBILITY OF CERTAIN NONPROFIT ORGANIZATIONS UNDER THE PAYCHECK PROTECTION PROGRAM wherever appropriate
Adds a sectionInserted: SEC. ___. INELIGIBILITY OF CERTAIN NONPROFIT ORGANIZATIONS UNDER THE PAYCHECK PROTECTION PROGRAM.
Inserted: Clause (xvii)(I) of section 7(a)(36)(A) of the Small Business Act (15 U.S.C. 636(a)(36)(A)), as added by section 5001(a)(1)(A)(iii) of Public Law 117-2, is amended by inserting "(5) (if the organization is subject to reporting requirements under the Labor-Management Reporting and Disclosure Act of 1959 (29 U.S.C. 401 et seq.))," after "(4),".
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1404. Mr. RISCH submitted an amendment intended to be proposed by him to the bill H.R. 1799, to amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. INELIGIBILITY OF CERTAIN NONPROFIT ORGANIZATIONS UNDER THE PAYCHECK PROTECTION PROGRAM.
Clause (xvii)(I) of section 7(a)(36)(A) of the Small Business Act (15 U.S.C. 636(a)(36)(A)), as added by section 5001(a)(1)(A)(iii) of Public Law 117-2, is amended by inserting “(5) (if the organization is subject to reporting requirements under the Labor-Management Reporting and Disclosure Act of 1959 (29 U.S.C. 401 et seq.)),” after “(4),”.
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Senate amendment submitted
March 24, 2021