[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6409 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 6409
To establish the Emergency Social Insurance Program in the Social
Security Administration and Small Business Administration in order to
address the injury concerns of certain small businesses and idle
workers disproportionally affected by the COVID-19 crisis.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 27, 2020
Ms. Omar (for herself, Ms. Norton, Ms. Schakowsky, and Ms. Tlaib)
introduced the following bill; which was referred to the Committee on
Ways and Means, and in addition to the Committee on Small Business, for
a period to be subsequently determined by the Speaker, in each case for
consideration of such provisions as fall within the jurisdiction of the
committee concerned
_______________________________________________________________________
A BILL
To establish the Emergency Social Insurance Program in the Social
Security Administration and Small Business Administration in order to
address the injury concerns of certain small businesses and idle
workers disproportionally affected by the COVID-19 crisis.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Assistance for Businesses and Local
Economies Act'' or the ``ABLE Act of 2020''.
SEC. 2. ESTABLISHMENT AND COORDINATION OF THE EMERGENCY SOCIAL
INSURANCE PROGRAM.
(a) In General.--The Administrator of the Social Security
Administration and the Administrator of the Small Business
Administration, under the direction of the Secretary of Labor and the
Secretary of the Treasury, respectively, in consultation with the
Commissioner of the Internal Revenue Service, shall establish a joint
program to efficiently coordinate and deliver direct payments to
affected small businesses and affected idle workers during the COVID-19
crisis.
(b) Establishment.--The Emergency Social Insurance Program shall be
a dual approach for direct government assistance to meet full salary
need of lost wages faced by affected idle workers and to meet full
maintenance need of output losses faced by affected small businesses in
order to stabilize and shelter the economy from COVID-19.
(c) Coordination.--The Social Security Administration and the
Department of Labor shall collaborate with States to increase and
maximize unemployment insurance benefits for affected idle workers
through existing State agency mechanisms. The Small Business
Administration and the Department of the Treasury (with the Internal
Revenue Service) shall be responsible for establishing and managing a
$500 billion fund for direct economic injury grants for qualifying
small businesses, with IRS assisting in verification and oversight of
awards' amounts and uses.
(d) Definitions.--In this Act:
(1) SSA; ssa administrator; sba; sba administrator; irs;
irs commissioner.--The terms ``SSA'' and ``SSA Administrator''
mean the Social Security Administration and the Administrator
thereof, the terms ``SBA'' and ``SBA Administrator'' mean the
Small Business Administration and the Administrator thereof,
the terms ``IRS'' and ``IRS Commissioner'' mean the Internal
Revenue Service and the Commissioner thereof, respectively.
(2) COVID-19 crisis.--The term ``COVID-19 crisis'' means
the period that begins upon the date of the enactment of this
Act and ends on the date of the termination by the Federal
Emergency Management Agency of the emergency declared on March
13, 2020, by the President under the Robert T. Stafford
Disaster Relief and Emergency Assistance Act (42 U.S.C. 4121 et
seq.) relating to the Coronavirus Disease 2019 (COVID-19)
pandemic.
(3) Affected idle worker.--The term ``affected idle
worker'' means an individual who, as a result of COVID-19--
(A) has no rights to regular compensation with
respect to a week under State law or any other State
unemployment compensation law or to compensation under
any other Federal law;
(B) is not receiving any State or private paid
leave with respect to such week; and
(C) can attest that--
(i) the individual is not able or available
to work due to COVID-19 with respect to such
week;
(ii) the individual would be able and
available to work during such week, if not for
COVID-19; because
(iii) the individual has a current
diagnosis of COVID-19;
(iv) the individual is under quarantine
(including self-imposed quarantine), at the
instruction of a health care provider,
employer, or a local, State, or Federal
official, in order to prevent the spread of
COVID-19;
(v) the individual is unable to engage in
self-employment and had past net earnings from
self-employment (as defined in section 1402(a)
of the Internal Revenue Code of 1986) of not
less than $2500 during the 6-month period
ending on the date of enactment of this Act;
(vi) the individual had a contract or other
offer of employment suspended or rescinded due
to COVID-19;
(vii) the individual is engaged in
caregiving (without compensation) for an
individual who has a current diagnosis of
COVID-19 or is under quarantine; or
(viii) the individual is engaged in
caregiving (without compensation), because of
the COVID-19-related closing of a school or
other care facility or care program, for a
child or other individual unable to provide
self-care.
(4) Affected small business.--The term ``affected small
business'' means--
(A) a small business concern (as defined under
section 3 of the Small Business Act (15 U.S.C. 636));
(B) a family farm;
(C) an independent contractor; and
(D) any other affected additional covered entity,
under section 5 of this Act, to which the Small
Business Administration determines grants would promote
full employment and financial stability during the
COVID-19 crisis.
(5) Affected small business concern.--The term ``affected
small business concern'' means a small business concern that
has experienced, as a result of COVID-19--
(A) supply chain disruptions, including changes
in--
(i) quantity and lead time, including the
number of shipments and components and delays
in shipments;
(ii) quality, including shortages in supply
for quality control reasons; and
(iii) technology, including a compromised
payment network;
(B) staffing challenges;
(C) a decrease in profits, sales, or customers; or
(D) a closure.
SEC. 3. ENHANCEMENT OF EMERGENCY COVID-19 UNEMPLOYMENT COMPENSATION FOR
AFFECTED IDLE WORKERS.
(a) In General.--The Administrator of the Social Security
Administration (referred to as the ``SSA Administrator'' in this
section), in consultation with the Secretary of Labor, shall assist
States to offer expanded unemployment insurance for workers reporting
as idle or unemployed, as a result of the public health emergency
declared because of COVID-19.
(b) Idle Defined.--The term ``idle'' means a worker facing
substantial economic uncertainty and hardship due the COVID-19 and its
social distancing, including but not limited to--
(1) food service industry workers and hospitality workers;
(2) domestic workers and tipped workers;
(3) gig economy workers, freelancers, and other self-
employed individuals; and
(4) independent contractors.
(c) Federal-State Agreements.--Any State which desires to do so may
enter into and participate in an agreement under this section with the
Secretary of Labor (hereinafter this section referred to as the
``Secretary''). Any State which is a party to an agreement under this
section may, upon providing 30 days' written notice to the Secretary,
terminate such agreement.
(d) Provisions of Agreement.--
(1) In general.--Any agreement under this section shall
provide the following:
(A) Emergency covid-19 unemployment compensation.--
The State agency of the State will make payments of
regular compensation to individuals in amounts and to
the extent that they would be determined if that State
law of the State were applied, with respect to any week
for which the individual is (disregarding this section)
otherwise entitled under the State law to receive
regular compensation, as if such State law had been
modified in a manner such that the amount of regular
compensation (including dependents' allowances) payable
for any week shall be equal to meet 100 percent
salary--
(i) the amount determined under the State
law (before the application of this paragraph),
plus additional amount caps (referred to as
``Emergency COVID-19 Unemployment
Compensation'' in this section), including--
(ii) up to an additional $5,000 per month
for all affected idle workers of such affected
small businesses (described in section 3 of
this Act);
(iii) up to an additional $4,000 per month
for all affected idle tipped workers, certain
domestic workers, and independent contractors;
and
(iv) up to an additional $3,000 per month
for all other affected and eligible self-
employed individuals, such as gig economy
workers and freelancers.
(B) Emergency covid-19 short-time compensation.--In
the case of a State that provides under the State law
for the payment of short-time compensation under a
short-time compensation program (as defined in section
3306(v) of the Internal Revenue Code of 1986), the
State agency of the State will make payments of
compensation to employees participating in such program
in amounts and to the extent that they would be
determined under such program if the State law of the
State were applied with respect to any week for which
the individual is (disregarding this section) otherwise
eligible under the program under the State law to
receive such compensation, as if such State law had
been modified in a manner such that the amount of
compensation payable for any week shall be equal to the
amount determined under the State law (before the
application of this paragraph) plus half the eligible
amount of the caps in subparagraph (A) in this section
(d).
(2) Allowable methods of payment.--Any Emergency COVID-19
Unemployment Compensation or Emergency COVID-19 Short-Time
Compensation provided for in the accordance with paragraph (1)
shall be payable either--
(A) as an amount which is paid at the same time and
in the same manner as any compensation otherwise
payable for the week involved; or
(B) at the option of the State, by payments which
are made separately from, but on the same weekly basis
as, any compensation otherwise payable.
(e) Nonreduction Rule.--Any agreement under this section shall not
apply (or shall cease to apply) with respect to a State upon a
determination by the Secretary that the method governing computation of
regular compensation under the State law of that State has been
modified in a manner such that the maximum benefit entitlement and the
average weekly benefit amount of regular compensation (or short-time
compensation in the case of a State described in subsection (d)(1)(B)
which will be payable during the period of the agreement (determined
disregarding any Emergency COVID-19 Unemployment Compensation or
Emergency COVID-19 Short-time Compensation) will be less than the
maximum benefit entitlement and the average weekly benefit amount of
regular compensation (or short-time compensation) which would otherwise
have been payable during such period under the State law, as in effect
on January 1, 2020.
(f) Payments to States.--
(1) In general.--
(A) Full reimbursement.--There shall be paid to
each State which has entered into an agreement under
this section an amount equal to 100 percent of--
(i) the total amount of Emergency COVID-19
Unemployment Compensation paid to individuals
by the State pursuant to such agreement;
(ii) the total amount of Emergency COVID-19
Short-Time Compensation paid to individuals. By
the State pursuant to such agreement; and
(iii) any additional administrative
expenses incurred by the State by reason of
such agreement (as determined by the
Secretary).
(B) Terms of payments.--Sums payable to any State
by reason of such State's having an agreement under
this section shall be payable, either in advance or by
way of reimbursement (as determined by the Secretary),
in such amounts as the Secretary Estimates that State
will be entitled to receive under this section for each
calendar month, reduced or increased, as the case may
be, by any amount by which the Secretary finds that his
estimates for any prior calendar month were greater or
less than the amount which should have been paid to the
State. Such estimates may be made on the basis of such
statistical, sampling, or other method as may be agreed
upon by the Secretary and the State agency of the State
involved.
(2) Certifications.--The Secretary shall from time to time
certify to the Secretary of the Treasury for payment to each
State the sums payable to such State under this section.
(3) Appropriation.--There are appropriated from the general
fund of the Treasury, without fiscal year limitation, such sums
as may be necessary for purposes of this subsection.
(g) Applicability.--
(1) In general.--An agreement entered into under this
section shall apply to weeks of unemployment--
(A) beginning on or after March 1, 2020; and
(B) ending on or before January 1, 2021.
(2) Duration of benefit payments.--An individual who
becomes entitled to such agreement will receive payments from a
State or Agency for not more than 25 weeks.
(3) Transition rule for individuals remaining entitled to
regular compensation as of april 30, 2021.--In the case of any
individual who, as of the date specified in paragraph (1)(B),
has not yet exhausted all rights to regular compensation under
the State law of a State with respect to a benefit year that
began before such date (or short-time compensation in the case
of State described in subsection (d)(1)(B) Emergency COVID-19
Unemployment Compensation or Emergency COVID-19 Short-Time
Compensation provided for in the accordance with paragraph (1)
shall be payable to such individual for any week beginning on
or after such date for which the individual is otherwise
eligible for regular compensation (or short-time compensation)
with respect to such benefit year.
(4) Termination.--Notwithstanding any other provision of
this subsection, no Emergency COVID-19 Unemployment
Compensation or Emergency COVID-19 Short-Time Compensation
shall be payable for any week beginning after April 30, 2021,
but Congress has the option to end this program earlier or
extend it as well.
(h) Fraud and Overpayments.--
(1) In general.--If an individual knowingly has made, or
caused to be made by another, a false statement or
representation of a material fact, or knowingly has failed, or
caused another to fail, to disclose a material fact, and as a
result of such false statement or representation of such
nondisclosure such individual has received an amount of
Emergency COVID-19 Unemployment Compensation or Emergency
COVID-19 Short-Time Compensation to which such individual was
not entitled, such individual--
(A) shall be ineligible for further Emergency
COVID-19 Unemployment Compensation or Emergency COVID-
19 Short-Time Compensation in accordance with
provisions of the applicable State unemployment
compensation law relating to fraud in connection with a
claim for unemployment compensation; and
(B) shall be subject to prosecution under section
1001 of title 18, United States Code.
(2) Repayment.--In the case of individuals who have
received amounts of Emergency COVID-19 Unemployment
Compensation or Emergency COVID-19 Short-Time Compensation to
which they were not entitled, the State shall require such
individuals to repay the amounts of such Emergency COVID-19
Unemployment Compensation or Emergency COVID-19 Short-Time
Compensation to the State agency, expect that the State agency
may waive such repayment if it determines that--
(A) the payment of such Emergency COVID-19
Unemployment Compensation or Emergency COVID-19 Short-
Time Compensation was without fault on the part of any
such individual; and
(B) such repayment would be contrary to equity and
good conscience.
(3) Recovery by state agency.--
(A) In general.--The State agency may recover the
amount to be repaid, or any part thereof, by deductions
from any Emergency COVID-19 Unemployment Compensation
or Emergency COVID-19 Short-Time Compensation payable
to such individual or from any unemployment payable to
such individual under any State or Federal unemployment
compensation law administered by the State agency or
under any other State or Federal law administered by
the State agency which provides for the payment of any
assistance or allowance with respect to any week of
unemployment, during the 3-year period after the date
such individuals received the payment of the Emergency
COVID-19 Unemployment Compensation or Emergency COVID-
19 Short-Time Compensation to which they were not
entitled, in accordance with the same procedures as
apply to the recovery of overpayments of regular
unemployment benefits paid by the State.
(B) Opportunity for hearing.--No repayment shall be
required, and no deduction shall be made, until a
determination has been made, notice thereof and an
opportunity for a fair hearing has been given to the
individual, and the determination has become final.
(4) Review.--Any determination by a State agency under this
section shall be subject to review in the same manner and to
the same extent as determinations under the State unemployment
compensation law, and only in that manner and to that extent.
(i) Application to Other Unemployment Benefits.--
(1) In general.--Each agreement under this section shall
include provisions to provide that the purposes of the
preceding provisions of this section shall be applied with
respect to unemployment benefits described in section (i)(3) to
the same extent and in the same manner as if those benefits
were regular compensation.
(2) Eligibility and termination rules.--Emergency COVID-19
Unemployment Compensation--
(A) shall not be payable, pursuant to this
subsection, with respect to any unemployment benefits
described in subsection (i)(3) for any week beginning
on or after the date specified in subsection (g)(1)(B),
except in the case of an individual who was eligible to
receive Emergency COVID-19 Unemployment Compensation in
connection with any regular compensation or any other
unemployment benefits described in subsection (i)(3)
for any period of unemployment ending before such date;
and
(B) shall in no event be payable for any week
beginning after date specified in subsection (g)(3).
(j) Treatment of Emergency COVID-19 Unemployment Compensation and
Emergency COVID-19 Short-Time Compensation Payments.--An Emergency
COVID-19 Unemployment Compensation and Emergency COVID-19 Short-Time
Compensation payment shall not be regarded as income and shall not be
regarded as a resource for the money of receipt and the following 9
months, for purposes of determining the eligibility of the recipient
(or the recipient's spouse or family) for benefits or assistance, or
the amount or extent of benefits or assistance, under any Federal
program or under any State or local program financed in whole or in
part with Federal funds.
(k) Definitions.--For purposes of this section--
(1) the terms ``compensation'', ``regular compensation'',
``benefit year'', ``State'', ``State agency'', ``State law'',
and ``week'' have the respective meanings given such terms
under section 205 of the Federal-State Extended Unemployment
Compensation Act of 1970 (26 U.S.C. 3304);
(2) the term ``maximum benefit entitlement'' means the
amount of regular compensation payable to an individual with
respect to the individual's benefit year; and
(3) any reference to unemployment benefits described in
this paragraph shall be considered to refer to--
(A) extended compensation (as defined by section
205 of the Federal-State Extended Unemployment
Compensation Act of 1970); and
(B) unemployment compensation (as defined by
section 85(b) of the Internal Revenue Code of 1986)
provided under any program administered by a State
under an agreement with the Secretary.
SEC. 4. EMERGENCY DIRECT COMPENSATION FOR AFFECTED ADDITIONAL COVERED
ENTITIES.
(a) In General.--The Administrator of the Small Business
Administration in consultation with the Secretary of the Treasury and
the Commissioner of the Internal Revenue Service, shall provide grants
to additional covered entities that have suffered a substantial
economic injury (as defined in section 7(b)(2) of the Small Business
Act (15 U.S.C. 636(b)(2))), directly or indirectly, as a result of the
public health emergency declared because of COVID-19.
(b) Additional Covered Entity Defined.--The term ``additional
covered entity'' means--
(1) a business concern that employs not more than 500
employees per physical location of the business concern and
that is assigned a North American Industry Classification
System code beginning with 71; 72; 44; 45;
(2) a small business concern (as defined under section 3 of
the Small Business Act (15 U.S.C. 632)); and
(3) if such person was in operation on or before January
31, 2020--
(A) an individual who operates under a sole
proprietorship or as an independent contractor;
(B) a cooperative that employs not more than 500
employees per physical location of the cooperative;
(C) an ESOP (as defined in section 3(q)(6) of the
Small Business Act (15 U.S.C. 632(q)(6))) that employs
not more than 500 employees per physical location of
the ESOP;
(D) an organization serving veterans or members of
the Armed Forces (as defined in section 501(c)(19) of
the Internal Revenue Code of 1986, that is exempt from
taxation under subsection (a) of such sections);
(E) a private nonprofit organization that employs
not more than 500 employees per physical location of
the organization; or
(F) a start-up small business concern that employs
not more than 500 employees per physical location of
the concern.
(c) Priority.--The SBA Administrator shall consider prioritizing
certain small businesses in initial rounds of grantmaking such as--
(1) a small business concern that employs not more than 100
employees per physical location;
(2) a minority-owned small business concern, a woman-owned
small business concern, or a veteran-owned small business
concern;
(3) a small business concern where the owner's pay is equal
to or less than 25 times the average worker pay; or
(4) a small business concern that has not fired or laid off
its employees yet, reduced the salaries or wages of its
employees, or changed any labor contracts, such as collective
bargaining rights, for its employees in the interim, unless
exceptions provided within subsection (o)(5) are met.
(d) Self-Reporting in Application.--The SBA Administrator, in
coordination with the IRS Commissioner, shall consider the necessary
maintenance costs, as established in subsection (l), self-reported by
qualifying additional covered entities, to determine the sufficient
amount of grants. An eligible recipient seeking such a grant under this
section shall submit documentation to the SBA and IRS that include--
(1) documentation verifying the number of full-time
equivalent employees on payroll and pay rates for the periods
described in subsection (d), including--
(A) payroll tax filings reported to the Internal
Revenue Service; and
(B) State income, payroll, and unemployment
insurance filings;
(2) documentation, including cancelled checks, payment
receipts, transcripts of accounts, or other documents verifying
payments on covered mortgage obligations, payments on covered
lease obligations, and covered utility payments;
(3) a certification from a representative of the eligible
recipient authorized to make such certifications that--
(A) the documentation presented is true and
correct; and
(B) the amount for which the grant is requested was
used to retain employees, make interest payments on a
covered mortgage obligation, make payments on a covered
rent obligation, or make covered utility payments; and
(4) any other documentation the SBA Administrator
determines necessary.
(e) Additional Processes.--The SBA Administrator shall also be able
to use the existing direct loan application process administered under
section 7(b) of the Small Business Act (15 U.S.C. 636(b)) to disburse
grant funds, to the greatest extent possible, within 7 days after
receiving an application from an additional covered entity.
(f) Verification of Eligibility.--Before disbursing amounts under
this subsection, the SBA Administrator shall verify that the applicant
is an additional covered entity.
(g) Verification of Amount.--After disbursing amounts under this
subsection, the SBA Administrator, in consultation with the IRS
commissioner, shall verify that the requested amount for grants from an
additional covered entity did not exceed necessary maintenance costs,
not later than 1 year after the end date or termination of this Act.
(h) Overpayment.--Excess compensation in the form of any
overpayment of grants, as examined and determined by the IRS and SBA in
post-award reviews, shall be automatically considered as zero-interest
loans to be paid and returned to the United States Government.
(i) Exemption From Affiliation Rules.--For purposes of this
section, the SBA Administrator shall suspend the application of the
affiliation rules of the Small Business Administration during the
period beginning on January 31, 2020, and ending on September 30, 2021,
expect that individual affiliates may not exceed the current small
business size standard for the industry in which the affiliate
operates, and any group of affiliates may not receive more than 3 times
the maximum allowable grant amount under subsection (j).
(j) Amount of Grants.--The amount of a grant provided under this
section shall not be more than $100,000. The SBA Administrator shall
have the discretion to increase this cap for certain qualifying
additional covered entities to ensure meeting 100 percent necessary
maintenance costs.
(k) Automatic Multiple Payments.--Additional covered entities that
receive their first grant will automatically be considered for and
delivered another grant at the same level for at least the next four
months, unless self-opted out or determined by the SBA Administrator.
(l) Use of Funds Only for Necessary Maintenance Costs.--An
additional covered entity that receives grants under this section may
use the grant funds for necessary maintenance costs to address the
direct effects of the COVID-19 pandemic, including--
(1) payroll support, including paid sick, medical, or
family leave and costs related to the continuation of health
care benefits;
(2) maintaining payroll to retain employees during business
disruptions or substantial slowdowns;
(3) meeting increased costs to obtain materials unavailable
from the original source of the additional covered entity due
to interrupted supply chains;
(4) making payments under a lease or mortgage loan, or a
contract for utility services, related to a place of operation
of the additional covered entity;
(5) repaying obligations that cannot be met due to revenue
losses; and
(6) other expenses, as deemed appropriate by the
Administrator.
(m) Eligibility for Additional Assistance.--An additional covered
entity that receives grants under this section may also apply for a
zero-interest loan under subsection (a) or (b) of section 6 of the
Small Business Act (15 U.S.C. 636).
(n) Taxability.--Grant amounts, canceled indebtedness, and other
awards under this section shall be excluded from gross income for
purposes of the Internal Revenue Code of 1986.
(o) Limits on Amount of Grants.--
(1) Reduction based on reduction in number of employees.--
(A) In general.--The amount of grants under this
section shall be substantially reduced, but not
increased, by multiplying the amount described in
subsection (j) by the quotient obtained by dividing--
(i) the average number of full-time
equivalent employees per month employed by the
eligible recipient during the covered period;
by
(ii)(I) the average number of full-time
equivalent employees per month employed by the
eligible recipient during the period beginning
on February 15, 2019, and ending on June 30,
2019;
(II) if the eligible recipient was not in
operation before June 30, 2019, the average
number of full-time equivalent employees per
month employed by the eligible recipient during
the period beginning on January 1, 2020, and
ending on February 29, 2020; or
(III) in the case of an eligible recipient
that is a seasonal employer, as determined by
the SBA Administrator, the average number of
full-time equivalent employees per month
employed by the eligible recipient during the
beginning on February 15, 2019, and ending on
June 30, 2019.
(B) Calculation of average number of employees.--
For purposes of subparagraph (A), the average number of
full-time equivalent employees shall be determined by
calculating the average number of full-time equivalent
employees for each pay period falling with a month.
(2) Reduction relating to salary and wages.--
(A) In general.--The amount of grants under this
section shall be reduced by the amount of any reduction
in total salary or wages of any employee described in
subparagraph (B) during the covered period that is in
excess of 25 percent of the total salary or wages of
the employee during the most recent full quarter during
which the employee was employed before the covered
period.
(B) Employees described.--An employee described in
this subparagraph is any employee who did not receive,
during any single pay period during 2019, wages or
salary at an annualized rate of pay in an amount more
than $100,000.
(3) Exception for tipped workers.--An eligible recipient
with tipped employees described in section 3(m)(2)(A) of the
Fair Labor Standards Act of 1938 (29 U.S.C. 203(m)(2)(A)) may
receive forgiveness for additional wages paid to those
employees.
(4) Ineligibility and exclusion from future consideration
of funds.--The SBA Administrator shall consider immediately
stopping and excluding any future grants for additional covered
entities that fire their employees during the payment period.
(5) Exception for re-hires.--
(A) In general.--In a circumstance described in
paragraph (4), the amount of grants under this section
shall be determined without regard to a reduction in
the number of full-time equivalent employees of an
eligible recipient or a reduction in the salary of 1 or
more employees of the eligible recipient, as
applicable, during the period beginning on February 15,
2020, and ending on April 1, 2020.
(B) Circumstances.--A circumstance described in
this subparagraph is a circumstance--
(i) in which--
(I) during the period beginning on
February 15, 2020, and ending on April
1, 2020, there is a reduction, as
compared to February 15, 2020, in the
number of full-time equivalent
employees of an eligible recipient; and
(II) not later than June 30, 2020,
the eligible employer has eliminated
the reduction in the number of full-
time equivalent employees;
(ii) in which--
(I) during the period beginning on
February 15, 2020, and ending in April
1, 2020, there is a reduction, as
compared to February 15, 2020, in the
salary or wages of 1 or more employees
of the eligible recipient; and
(II) not later than June 30, 2020,
the eligible employer has eliminated
the reduction in the salary or wages of
such employees; or
(iii) in which the events described in
clauses (i) and (ii) occur.
(p) Procedures.--The SBA Administrator shall establish procedures,
in coordination with the SSA Administrator and IRS Commissioner, to
verify and document the compliance of an additional covered entity that
receives grants under this section with the requirements under this
section in order to prevent waste, fraud, and abuse of such grant
funds.
(q) Regulations.--Not later than 30 days after the date of
enactment of this Act, the SBA Administrator, in consultation with the
IRS Commissioner, shall issue guidance and regulations implementing
this section.
(r) Report.--Not later than March 31, 2022, the SBA Administrator
shall submit to Congress a report that includes--
(1) the number of grants made under this section,
disaggregated by the number of grants made per 10,000 amount;
(2) the average amount of a grant award;
(3) an analysis of the program established under this
section and recommendations for improvement;
(4) the average time from receipt of an application to
approval of grant under this section; and
(5) the average time from approval of grant to disbursement
of grant funds.
(s) Authorizations of Appropriations.--There is authorization to be
appropriated $500,000,000,000 of the SBA Administrator to carry out
this section. Congress shall consider increasing funds at the request
of the SBA Administrator.
(t) Termination.--The authority to carry out grants under this
subsection shall terminate on April 30, 2021.
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