What it changes

1 change to H.R. 1799

Adds a section
  1. Adds SEC. __. PROHIBITION ON PAYCHECK PROTECTION PROGRAM LOANS AND SECOND DRAW LOANS FOR APPLICANTS CONVICTED OF, OR WHO PLEADED GUILTY TO, ASSAULTING A LAW ENFORCEMENT OFFICER wherever appropriate

    Adds a section

    Inserted: SEC. __. PROHIBITION ON PAYCHECK PROTECTION PROGRAM LOANS AND SECOND DRAW LOANS FOR APPLICANTS CONVICTED OF, OR WHO PLEADED GUILTY TO, ASSAULTING A LAW ENFORCEMENT OFFICER.

    Inserted: (a) In General.--Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended--

    Inserted: (1) in paragraph (36), by adding at the end the following:

    Inserted: "(W) Prohibition.--An applicant is not eligible to receive a covered loan if an owner of the applicant has, as of the date of the application, been convicted of or pleaded guilty to assaulting a law enforcement officer."; and

    Inserted: (2) in paragraph (37), by adding at the end the following:

    Inserted: "(P) Prohibition.--An applicant is not eligible to receive a covered loan if an owner of the applicant has, as of the date of the application, been convicted of or pleaded guilty to assaulting a law enforcement officer.".

    Inserted: (b) Applicability.--The amendments made by subsection (a) shall apply with respect to an application for a loan under paragraph (36) or (37) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)(36)) that is submitted on or after the date of enactment of this Act.

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    Original wording

    At the appropriate place, insert the following:

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As printed

SA 1409. Mr. SCOTT of South Carolina (for himself and Ms. Ernst) 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. __. PROHIBITION ON PAYCHECK PROTECTION PROGRAM LOANS AND SECOND DRAW LOANS FOR APPLICANTS CONVICTED OF, OR WHO PLEADED GUILTY TO, ASSAULTING A LAW ENFORCEMENT OFFICER.

(a) In General.--Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended--

(1) in paragraph (36), by adding at the end the following:

“(W) Prohibition.--An applicant is not eligible to receive a covered loan if an owner of the applicant has, as of the date of the application, been convicted of or pleaded guilty to assaulting a law enforcement officer.”; and

(2) in paragraph (37), by adding at the end the following:

“(P) Prohibition.--An applicant is not eligible to receive a covered loan if an owner of the applicant has, as of the date of the application, been convicted of or pleaded guilty to assaulting a law enforcement officer.”.

(b) Applicability.--The amendments made by subsection (a) shall apply with respect to an application for a loan under paragraph (36) or (37) of section 7(a) of the Small Business Act (15 U.S.C. 636(a)(36)) that is submitted on or after the date of enactment of this Act.

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Senate amendment submitted

March 25, 2021