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S. 3907, PPP for Critical Access Hospitals Act

Summary

S. 3907 was introduced in the Senate on June 8, 2020, by Collins and referred to the Committee on Small Business and Entrepreneurship. It may be cited as the PPP for Critical Access Hospitals Act. Section 2 amends section 7(a)(36)(D) of the Small Business Act so that, during the covered period, any nonprofit organization that is a critical access hospital is eligible to receive a covered loan. That eligibility applies regardless of the hospital's status as a debtor in a case under title 11 or the status of any debts owed by the hospital to the Federal Government.

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Issuer
Congressional materials
Document type
Bills Bills 116S3907Is Bills 116S3907Is
Case
Bills Bills 116S3907Is Bills 116S3907Is

Cite this document

“S. 3907, PPP for Critical Access Hospitals Act.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s3907is-bills-116s3907is/, SHA-256 e9b94aecd3e3739ac57f8b69d480bf0ff641b17fc4ca0502999d15ebf0030cec.

Full text

                                                                                                                                                                          II




                                                                       116TH CONGRESS
                                                                          2D SESSION
                                                                                                              S. 3907
                                                                              To provide that all critical access hospitals are eligible for loans under
                                                                                    the paycheck protection program, and for other purposes.




                                                                                   IN THE SENATE OF THE UNITED STATES
                                                                                                      JUNE 8, 2020
                                                                        Ms. COLLINS introduced the following bill; which was read twice and referred
                                                                               to the Committee on Small Business and Entrepreneurship




                                                                                                                 A BILL
                                                                       To provide that all critical access hospitals are eligible for
                                                                          loans under the paycheck 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 for Critical Ac-
                                                                         5 cess Hospitals Act’’.
                                                                         6     SEC. 2. INCLUSION OF CRITICAL ACCESS HOSPITALS IN

                                                                         7                             THE PAYCHECK PROTECTION PROGRAM.

                                                                         8              Section 7(a)(36)(D) of the Small Business Act (15




kjohnson on DSK79L0C42PROD with BILLS
                                                                         9 U.S.C. 636(a)(36)(D)) is amended by adding at the end
                                                                       10 the following:

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                                                                                                                                  2
                                                                         1                                         ‘‘(vii) INCLUSION OF CRITICAL ACCESS
                                                                         2                                 HOSPITALS.—During                         the covered period,
                                                                         3                                 any nonprofit organization that is a critical
                                                                         4                                 access hospital (as defined in section
                                                                         5                                 1861(mm) of the Social Security Act (42
                                                                         6                                 U.S.C. 1395x(mm))) shall be eligible to re-
                                                                         7                                 ceive a covered loan, regardless of the sta-
                                                                         8                                 tus of such a hospital as a debtor in a case
                                                                         9                                 under chapter 11 of title 11, Unites States
                                                                       10                                  Code, or the status of any debts owed by
                                                                       11                                  such a hospital to the Federal Govern-
                                                                       12                                  ment.’’.
                                                                                                                                  Æ




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                                                                                   •S 3907 IS

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