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H.R. 6779 (116th Congress) — Ineligibility requirements based on criminal record for the Paycheck Protection Program

Summary

H.R. 6779, a bill of the 116th Congress, 2nd Session, introduced in the House of Representatives on May 8, 2020 by Ocasio-Cortez (for herself and Waters) and referred to the Committee on Small Business. It is a bill to specify the ineligibility requirements based on illegal activity or criminal record applicable to the Paycheck Protection Program and certain emergency relief programs under the CARES Act. Section 1, headed treatment of certain minor, low-risk criminal violations, applies existing ineligibility requirements for intermediaries to any person applying for a covered loan. It directs the Administrator to update the interim final rule and bars additional ineligibility requirements based on illegal activity or criminal records.

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Issuer
Congressional materials
Document type
Bills Bills 116Hr6779Ih Bills 116Hr6779Ih
Case
Bills Bills 116Hr6779Ih Bills 116Hr6779Ih

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“H.R. 6779 (116th Congress) — Ineligibility requirements based on criminal record for the Paycheck Protection Program.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr6779ih-bills-116hr6779ih/, SHA-256 34f2f479b882ff045bf28ec712a5193be8defd78aab5d2113b0654bb5afbdd9c.

Full text

                                                                                                                                                                          I




                                                                       116TH CONGRESS
                                                                          2D SESSION
                                                                                                            H. R. 6779
                                                                       To specify the ineligibility requirements based on illegal activity or criminal
                                                                           record applicable to the Paycheck Protection Program and certain emer-
                                                                           gency relief programs under the CARES Act, and for other purposes.




                                                                                    IN THE HOUSE OF REPRESENTATIVES
                                                                                                        MAY 8, 2020
                                                                         Ms. OCASIO-CORTEZ (for herself and Ms. WATERS) introduced the following
                                                                               bill; which was referred to the Committee on Small Business




                                                                                                                 A BILL
                                                                       To specify the ineligibility requirements based on illegal activ-
                                                                           ity or criminal record applicable to the Paycheck Protec-
                                                                           tion Program and certain emergency relief programs
                                                                           under the CARES Act, and for other purposes.

                                                                         1              Be it enacted by the Senate and House of Representa-
                                                                         2 tives of the United States of America in Congress assembled,
                                                                         3    SECTION 1. TREATMENT OF CERTAIN MINOR, LOW-RISK

                                                                         4                             CRIMINAL VIOLATIONS.

                                                                         5              Section 7(a)(36) of the Small Business Act (15
                                                                         6 U.S.C. 636(a)(36)) is amended by adding at the end the




pamtmann on DSKBC07HB2PROD with BILLS
                                                                         7 following:




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                                                                                                                                  2
                                                                         1                                 ‘‘(T) TREATMENT                       OF      CERTAIN          MINOR,

                                                                         2                       LOW-RISK CRIMINAL VIOLATIONS.—

                                                                         3                                        ‘‘(i) IN            GENERAL.—The                   ineligibility
                                                                         4                                 requirements based on illegal activity appli-
                                                                         5                                 cable to intermediaries (as defined under
                                                                         6                                 subsection (m)(11)) in effect on the day
                                                                         7                                 before the date of enactment of this sub-
                                                                         8                                 paragraph shall apply to any person apply-
                                                                         9                                 ing to receive a covered loan.
                                                                       10                                         ‘‘(ii) UPDATED                     RULEMAKING.—The

                                                                       11                                  Administrator shall update the interim
                                                                       12                                  final rule issued by the Administrator to
                                                                       13                                  carry out this paragraph to reflect the re-
                                                                       14                                  quirements of this subparagraph, and may
                                                                       15                                  not establish any additional ineligibility re-
                                                                       16                                  quirements for applicants based on illegal
                                                                       17                                  activity or criminal records other than
                                                                       18                                  those required by clause (i).’’.
                                                                                                                              Æ




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                                                                                   •HR 6779 IH

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