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H.R. 6861, PPP Data and Diversity Accountability Act of 2020

Summary

H.R. 6861, the PPP Data and Diversity Accountability Act of 2020, is a bill introduced in the House of Representatives on May 14, 2020 by Ms. Judy Chu of California and referred to the Committee on Small Business. Its stated purpose is to amend the Small Business Act to require collection and reporting of demographic data for applicants of the Paycheck Protection Program. Section 2 adds a subparagraph under which the Administrator shall develop and implement a process for the systematic collection of demographic data of recipients of assistance. The data is to be disaggregated by race, and the Administrator is to submit to Congress a report containing the results not less frequently than quarterly.

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Issuer
Congressional materials
Document type
Bills Bills 116Hr6861Ih Bills 116Hr6861Ih
Case
Bills Bills 116Hr6861Ih Bills 116Hr6861Ih

Cite this document

“H.R. 6861, PPP Data and Diversity Accountability Act of 2020.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr6861ih-bills-116hr6861ih/, SHA-256 0aa0abb0f60a5511762d58e6b54356abdc92b5a31a93e0f429869e44c892b50d.

Full text

                                                                                                                                                                          I




                                                                       116TH CONGRESS
                                                                          2D SESSION
                                                                                                             H. R. 6861
                                                                       To amend the Small Business Act to require collection and reporting of
                                                                           demographic data for applicants of the Paycheck Protection Program,
                                                                           and for other purposes.




                                                                                     IN THE HOUSE OF REPRESENTATIVES
                                                                                                     MAY 14, 2020
                                                                       Ms. JUDY CHU of California (for herself, Mr. CÁRDENAS, and Mr. VEASEY)
                                                                           introduced the following bill; which was referred to the Committee on
                                                                           Small Business




                                                                                                                 A BILL
                                                                       To amend the Small Business Act to require collection and
                                                                          reporting of demographic data for applicants of the Pay-
                                                                          check Protection Program, 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. SHORT TITLE.

                                                                         4              This Act may be cited as the ‘‘PPP Data and Diver-
                                                                         5 sity Accountability Act of 2020’’.




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                                                                                                                                  2
                                                                         1     SEC. 2. REPORTING OF DEMOGRAPHIC DATA FOR APPLI-

                                                                         2                             CANTS TO THE PAYCHECK PROTECTION PRO-

                                                                         3                             GRAM.

                                                                         4              Section 7(a)(36) of the Small Business Act (15
                                                                         5 U.S.C. 636(a)(36)) is amended by inserting the following
                                                                         6 new subparagraph:
                                                                         7                                 ‘‘(T) DATA COLLECTION AND REPORT.—
                                                                         8                        The Administrator shall develop and implement
                                                                         9                        a process for the systematic collection of demo-
                                                                       10                         graphic data of recipients of assistance under
                                                                       11                         this paragraph and the number of loans ap-
                                                                       12                         proved and denied under this paragraph. Such
                                                                       13                         data shall specify whether applicants are
                                                                       14                         women, veterans, or minorities, disaggregated
                                                                       15                         by race in a manner that captures all the racial
                                                                       16                         groups specified in the American Community
                                                                       17                         Survey conducted by the Bureau of the Census.
                                                                       18                         Not less frequently than quarterly, the Adminis-
                                                                       19                         trator shall submit to Congress a report con-
                                                                       20                         taining the results of this data collection.’’.
                                                                                                                                  Æ




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                                                                                   •HR 6861 IH

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