S. 3716, Main Street Enhancement and Safety Act
Summary
S. 3716 was introduced May 13, 2020 by Ms. McSally and referred to the Committee on Small Business and Entrepreneurship. It is a bill to provide loan forgiveness under the Paycheck Protection Program for costs related to health and safety supplies, including personal protective equipment, needed to prepare for reopening. It would add costs for health and safety supplies and costs related to creating a safe environment for customers upon reopening to the allowable uses of a PPP loan. It would also define "reopening costs" and add that term to the CARES Act loan forgiveness provisions.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Bills Bills 116S3716Is Bills 116S3716Is
- Case
- Bills Bills 116S3716Is Bills 116S3716Is
Cite this document
“S. 3716, Main Street Enhancement and Safety Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s3716is-bills-116s3716is/
, SHA-256 a0d94f36f69d30a9b8d1f762e228f928daa18949fc389a26dc988a9535bd7583.Full text
II
116TH CONGRESS
2D SESSION
S. 3716
To provide loan forgiveness under the Paycheck Protection Program for
costs related to health and safety supplies, including personal protective
equipment, needed to prepare for reopening, and for other purposes.
IN THE SENATE OF THE UNITED STATES
MAY 13, 2020
Ms. MCSALLY introduced the following bill; which was read twice and referred
to the Committee on Small Business and Entrepreneurship
A BILL
To provide loan forgiveness under the Paycheck Protection
Program for costs related to health and safety supplies,
including personal protective equipment, needed to pre-
pare for reopening, 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 ‘‘Main Street Enhance-
5 ment and Safety Act’’.
pamtmann on DSKBC07HB2PROD with BILLS
VerDate Sep 11 2014 15:44 Jun 02, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S3716.IS S3716
2
1 SEC. 2. LOAN FORGIVENESS FOR HEALTH AND SAFETY
2 SUPPLIES, PPE, AND REOPENING COSTS.
3 (a) ALLOWABLE USE OF PPP LOAN.—Section
4 7(a)(36)(F)(i) of the Small Business Act (15 U.S.C.
5 636(a)(36)(F)(i)) is amended—
6 (1) in subclause (VI), by striking ‘‘and’’ at the
7 end;
8 (2) in subclause (VII), by striking the period at
9 the end and inserting a semicolon; and
10 (3) by adding at the end the following:
11 ‘‘(VIII) costs for health and safe-
12 ty supplies, including personal protec-
13 tive equipment, needed to prepare for
14 reopening; and
15 ‘‘(IX) costs related to creating a
16 safe environment for customers upon
17 reopening, including changes, modi-
18 fications, or improvements to the busi-
19 ness of the eligible recipient.’’.
20 (b) LOAN FORGIVENESS.—Section 1106 of the
21 CARES Act (Public Law 116–136) is amended—
22 (1) in subsection (a)—
23 (A) in paragraph (7)—
24 (i) in subparagraph (C), by striking
pamtmann on DSKBC07HB2PROD with BILLS
25 ‘‘and’’ at the end; and
•S 3716 IS
VerDate Sep 11 2014 15:44 Jun 02, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S3716.IS S3716
3
1 (ii) by adding at the end the fol-
2 lowing:
3 ‘‘(E) reopening costs;’’;
4 (B) in paragraph (8), by striking the pe-
5 riod at the end and inserting ‘‘; and’’; and
6 (C) by adding at the end the following:
7 ‘‘(9) the term ‘reopening costs’ means the costs
8 described in subclauses (VIII) and (IX) of para-
9 graph (36)(a)(F)(i) of section 7(a) of the Small
10 Business Act (15 U.S.C. 636(a)), as added by sec-
11 tion 1102 of this Act.’’;
12 (2) in subsection (b), by adding at the end the
13 following:
14 ‘‘(5) Reopening costs.’’;
15 (3) in subsection (e), by inserting ‘‘or for re-
16 opening costs’’ after ‘‘utility payments’’; and
17 (4) in subsection (h), by inserting ‘‘reopening
18 costs,’’ after ‘‘lease obligations,’’ each place that
19 term appears.
Æ
pamtmann on DSKBC07HB2PROD with BILLS
•S 3716 IS
VerDate Sep 11 2014 15:44 Jun 02, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\S3716.IS S3716
File and source
- File
- BILLS_bills-116s3716is_bills-116s3716is.pdf
- Size
- 232,117 bytes
- SHA-256
- a0d94f36f69d30a9b8d1f762e228f928daa18949fc389a26dc988a9535bd7583
- Original
- www.govinfo.gov