S. 3984 (116th Congress) — Payments for waste and recycling collection services under the paycheck protection program
Summary
S. 3984 was introduced June 17, 2020 by Mr. Carper (for himself, Mr. Boozman, and Mr. Portman) and referred to the Committee on Small Business and Entrepreneurship. It is a bill to provide that payments for waste and recycling collection services are allowable expenses under the paycheck protection program and eligible for loan forgiveness under the CARES Act. It defines a covered waste or recycling collection service payment as a payment for a service that began before February 15, 2020. It adds those payments to the loan forgiveness provisions of section 1106 of the CARES Act.
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“S. 3984 (116th Congress) — Payments for waste and recycling collection services under the paycheck protection program.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s3984is-bills-116s3984is/
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II
116TH CONGRESS
2D SESSION
S. 3984
To provide that payments for waste and recycling collection services are
allowable expenses under the paycheck protection program and eligible
for loan forgiveness under the CARES Act, and for other purposes.
IN THE SENATE OF THE UNITED STATES
JUNE 17, 2020
Mr. CARPER (for himself, Mr. BOOZMAN, and Mr. PORTMAN) introduced the
following bill; which was read twice and referred to the Committee on
Small Business and Entrepreneurship
A BILL
To provide that payments for waste and recycling collection
services are allowable expenses under the paycheck pro-
tection program and eligible for loan forgiveness 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. INCLUSION OF WASTE AND RECYCLING COL-
4 LECTION SERVICES.
5 (a) ALLOWABLE USE OF PPP LOAN.—Section
6 7(a)(36)(F)(i) of the Small Business Act (15 U.S.C.
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7 636(a)(36)(F)(i)) is amended—
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2
1 (1) in subclause (VI), by striking ‘‘and’’ at the
2 end;
3 (2) in subclause (VII), by striking the period at
4 the end and inserting ‘‘; and’’ and
5 (3) by adding at the end the following:
6 ‘‘(VIII) payments for waste or
7 recycling collection services.’’.
8 (b) LOAN FORGIVENESS.—Section 1106 of the
9 CARES Act (Public Law 116–136) is amended—
10 (1) in subsection (a)—
11 (A) in paragraph (7)—
12 (i) in subparagraph (C), by striking
13 ‘‘and’’ at the end; and
14 (ii) by adding at the end the fol-
15 lowing:
16 ‘‘(E) covered waste and recycling collection
17 services payments;’’;
18 (B) in paragraph (8), by striking the pe-
19 riod at the end and inserting ‘‘; and’’; and
20 (C) by adding at the end the following:
21 ‘‘(9) the term ‘covered waste or recycling collec-
22 tion service payment’ means a payment for a waste
23 or recycling collection service for which service began
24 before February 15, 2020.’’;
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1 (2) in subsection (b), by adding at the end the
2 following:
3 ‘‘(5) Any covered waste or recycling collection
4 service payment.’’;
5 (3) in subsection (d)(8), by inserting ‘‘any cov-
6 ered waste or recycling collection service payment,’’
7 after ‘‘rent obligation,’’;
8 (4) in subsection (e)—
9 (A) in paragraph (2), by inserting ‘‘covered
10 waste or recycling collection service payments,’’
11 after ‘‘lease obligations,’’; and
12 (B) in paragraph (3), by inserting ‘‘make
13 covered waste or recycling collection service
14 payments,’’ after ‘‘rent obligation,’’; and
15 (5) in subsection (h), by inserting ‘‘covered
16 waste or recycling collection service payments,’’ after
17 ‘‘lease obligations,’’ each place that term appears.
Æ
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