H.R. 1757, Boosting Revenue Assistance for Venue Operators Act
Summary
H.R. 1757, the Boosting Revenue Assistance for Venue Operators Act (BRAVO Act), was introduced in the House of Representatives March 10, 2021, by Mr. Sean Patrick Maloney of New York and referred to the Committee on Small Business. It would permit shuttered venue operators to receive shuttered venue operator grants and paycheck protection program loans. Section 2 amends section 324 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and adds a non-duplication subsection: a recipient of a loan guaranteed under paragraph (36) or (37) of section 7(a) of the Small Business Act may receive a grant only if the grant is used for purposes other than paying payroll costs and other listed obligations.
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“H.R. 1757, Boosting Revenue Assistance for Venue Operators Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr1757ih-bills-117hr1757ih/
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I
117TH CONGRESS
1ST SESSION
H. R. 1757
To permit shuttered venue operators to receive shuttered venue operator
grants and paycheck protection program loans, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MARCH 10, 2021
Mr. SEAN PATRICK MALONEY of New York introduced the following bill;
which was referred to the Committee on Small Business
A BILL
To permit shuttered venue operators to receive shuttered
venue operator grants and paycheck protection program
loans, 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 ‘‘Boosting Revenue As-
5 sistance for Venue Operators Act’’ or the ‘‘BRAVO Act’’.
6 SEC. 2. SHUTTERED VENUE OPERATOR PAYCHECK PRO-
7 TECTION PROGRAM LOAN ELIGIBILITY.
8
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Section 324 of the Economic Aid to Hard-Hit Small
9 Businesses, Nonprofits, and Venues Act (Public Law 116–
10 260) is amended—
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2
1 (1) in subsection (a)(1)(A)(vi)—
2 (A) by striking subclause (III);
3 (B) by redesignating subclause (IV) as
4 subclause (III); and
5 (C) in subclause (III), as so redesignated,
6 by striking ‘‘(I), (II), and (III)’’ and inserting
7 ‘‘(I) and (II)’’;
8 (2) by redesignating subsections (e) and (f) as
9 subsections (f) and (g), respectively; and
10 (3) by inserting after subsection (d) the fol-
11 lowing new subsection:
12 ‘‘(e) NON-DUPLICATION.—A recipient of a loan guar-
13 anteed under paragraph (36) or (37) of section 7(a) of
14 the Small Business Act (15 U.S.C. 636(a)) may receive
15 a grant under this section only if such grant is used for
16 purposes other than paying payroll costs and other obliga-
17 tions described in section 7(a)(36)(F) of the Small Busi-
18 ness Act (15 U.S.C. 636(a)(36)(F)).’’.
Æ
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•HR 1757 IH
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