[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 561 Introduced in House (IH)]
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117th CONGRESS
1st Session
H. R. 561
To direct the Administrator of the Small Business Administration to
issue rules or guidance on the ability of borrowers to use economic
injury disaster loan proceeds for covered worker protection
expenditures, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 28, 2021
Mr. Lieu (for himself, Mr. Fitzpatrick, Mr. Suozzi, Mr. Case, Miss Rice
of New York, and Ms. Craig) introduced the following bill; which was
referred to the Committee on Small Business
_______________________________________________________________________
A BILL
To direct the Administrator of the Small Business Administration to
issue rules or guidance on the ability of borrowers to use economic
injury disaster loan proceeds for covered worker protection
expenditures, 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. SHORT TITLE.
This Act may be cited as the ``Reopen Small Businesses Safely
Act''.
SEC. 2. USE OF ECONOMIC INJURY DISASTER LOAN PROCEEDS FOR COVERED
WORKER PROTECTION EXPENDITURES.
(a) In General.--Not later than 10 days after the date of the
enactment of this Act, the Administrator of the Small Business
Administration shall issue such rules or guidance necessary to ensure
that a borrower of a loan made under section 7(b)(2) of the Small
Business Act (15 U.S.C. 636(b)(2)) may use the proceeds of such loan
for covered worker protection expenditures (as defined in section 7A(a)
of the Small Business Act).
(b) Applicability.--This Act shall apply to a loan made under
section 7(b)(2) of the Small Business Act (15 U.S.C. 636(b)(2))--
(1) on or after the date of the enactment of this Act; or
(2) before the date of the enactment of this Act that is in
repayment on such date of the enactment.
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