H.R. 7880, Reopen Small Businesses Safely Act
Summary
H.R. 7880, the Reopen Small Businesses Safely Act, is a bill introduced in the House of Representatives on July 30, 2020 by Mr. Ted Lieu of California and referred to the Committee on Small Business. Its stated purpose is to direct the Administrator of the Small Business Administration to update information to borrowers on the use of economic injury disaster loan proceeds to respond to COVID–19. Section 2 directs the Administrator to update information provided to borrowers of loans made under section 7(b)(2) of the Small Business Act to allow the borrowers to use the loans to purchase items necessary to ensure the health and safety of employees and customers in response to the COVID–19 pandemic.
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Cite this document
“H.R. 7880, Reopen Small Businesses Safely Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116hr7880ih-bills-116hr7880ih/
, SHA-256 f050b5509856f925ef913f91c52cb1050507f6dee18ba527ec0376d24c8f7b6b.Full text
I
116TH CONGRESS
2D SESSION
H. R. 7880
To direct the Administrator of the Small Business Administration to update
information to borrowers on the use of economic injury disaster loan
proceeds to respond to COVID–19, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
JULY 30, 2020
Mr. TED LIEU of California introduced the following bill; which was referred
to the Committee on Small Business
A BILL
To direct the Administrator of the Small Business Adminis-
tration to update information to borrowers on the use
of economic injury disaster loan proceeds to respond
to COVID–19, 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 ‘‘Reopen Small Busi-
5 nesses Safely Act’’.
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1 SEC. 2. USE OF ECONOMIC INJURY DISASTER LOAN PRO-
2 CEEDS FOR COVID–19 RESPONSE.
3 The Administrator of the Small Business Administra-
4 tion shall update information provided to borrowers of
5 loans made under section 7(b)(2) of the Small Business
6 Act (15 U.S.C. 636(b)(2)) to allow such borrowers to use
7 such loans to purchase items necessary to ensure the
8 health and safety of employees and customers in response
9 to the COVID–19 pandemic.
Æ
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