Pandemic Darlings The pandemic economy, in original documents
Home Source documents S. 4008, Small Business COVID Relief Act of 2022

S. 4008, Small Business COVID Relief Act of 2022

Issuer
Congressional materials
Document type
Bills Bills 117S4008Pcs Bills 117S4008Pcs
Case
Bills Bills 117S4008Pcs Bills 117S4008Pcs

Full text

                                                                                                                                                                         II




                                                                                                                                        Calendar No. 344
                                                                     117TH CONGRESS
                                                                        2D SESSION
                                                                                                             S. 4008
                                                                     To provide COVID relief for restaurants, gyms, minor league sports teams,
                                                                         border businesses, live venue service providers, exclave businesses, and
                                                                         providers of transportation services.




                                                                                 IN THE SENATE OF THE UNITED STATES
                                                                                                   APRIL 5, 2022
                                                                     Mr. CARDIN (for himself and Mr. WICKER) introduced the following bill; which
                                                                                               was read the first time

                                                                                                              APRIL 6, 2022
                                                                                              Read the second time and placed on the calendar




                                                                                                               A BILL
                                                                     To provide COVID relief for restaurants, gyms, minor league
                                                                        sports teams, border businesses, live venue service pro-
                                                                        viders, exclave businesses, and providers of transpor-
                                                                        tation services.

                                                                       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 ‘‘Small Business



pbinns on DSKJLVW7X2PROD with BILLS
                                                                       5 COVID Relief Act of 2022’’.



                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00001   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                2
                                                                       1     SEC. 2. TABLE OF CONTENTS.

                                                                       2               The table of contents for this Act is as follows:
                                                                             Sec. 1. Short title.
                                                                             Sec. 2. Table of contents.
                                                                             Sec. 3. Definitions.

                                                                             TITLE I—RESTAURANT REVITALIZATION FUND REPLENISHMENT
                                                                                              AND IMPROVEMENTS

                                                                             Sec. 101. Appropriation.
                                                                             Sec. 102. Insufficient funding.
                                                                             Sec. 103. Data transparency and customer service.
                                                                             Sec. 104. Oversight and audits.
                                                                             Sec. 105. Requirement of continuing operation.

                                                                                 TITLE II—SUPPORT FOR ADDITIONAL BUSINESSES SUFFERING
                                                                                            PANDEMIC-RELATED REVENUE LOSS

                                                                                                Subtitle A—Support for Gyms and Fitness Facilities

                                                                             Sec. 211. Definitions.
                                                                             Sec. 212. Support for gyms and fitness centers.
                                                                             Sec. 213. Grants from Fund.

                                                                                                   Subtitle B—Support for Minor League Sports

                                                                             Sec. 221. Definitions.
                                                                             Sec. 222. Save Minor League Sports Fund.
                                                                             Sec. 223. Save minor league sports grants.

                                                                                  Subtitle C—Support for Border Businesses Affected by Border Closures

                                                                             Sec. 231. Definitions.
                                                                             Sec. 232. Border closure recovery grant program.
                                                                             Sec. 233. Grants from Fund.
                                                                             Sec. 234. Outreach.

                                                                                    Subtitle D—Support for Live Venue Service and Support Companies

                                                                             Sec. 241. Definitions.
                                                                             Sec. 242. Live Venue Service and Support Business Relief Fund.
                                                                             Sec. 243. Grants from Fund.

                                                                                         Subtitle E—Support for Exclave Community Small Businesses

                                                                             Sec. 251. Definitions.
                                                                             Sec. 252. Exclave Community Small Business Relief Fund.
                                                                             Sec. 253. Grants from Fund.

                                                                                    Subtitle F—Administration and Implementation of Support Programs

                                                                             Sec. 261 Definition.
                                                                             Sec. 262. Data transparency and customer service.




pbinns on DSKJLVW7X2PROD with BILLS
                                                                             Sec. 263. Business identifiers.
                                                                             Sec. 264. Applications.
                                                                             Sec. 265. Prohibition on participation in multiple programs.
                                                                             Sec. 266. Transfer of funds.

                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00002   Fmt 6652   Sfmt 6211   E:\BILLS\S4008.PCS   S4008
                                                                                                                                 3
                                                                             Sec. 267. Oversight and audits.
                                                                             Sec. 268. Administrative funding.
                                                                             Sec. 269. Gross receipts.
                                                                             Sec. 270. Rules.

                                                                                              TITLE III—OTHER SBA PROGRAM IMPROVEMENTS

                                                                             Sec. 301. Shuttered venue operators.
                                                                             Sec. 302. Treatment of paycheck protection program loan forgiveness of payroll
                                                                                             costs under highway and public transportation project cost re-
                                                                                             imbursement contracts.

                                                                                                    TITLE IV—TRANSPORTATION SERVICES

                                                                             Sec. 401. Additional assistance for eligible providers of transportation services
                                                                                             affected by COVID–19.

                                                                                                                      TITLE V—OFFSETS

                                                                             Sec. 501. Offsetting rescissions.

                                                                                                          TITLE VI—BUDGETARY EFFECTS

                                                                             Sec. 601. Emergency designation.

                                                                       1     SEC. 3. DEFINITIONS.

                                                                       2               In this Act:
                                                                       3                         (1) ADMINISTRATOR.—The term ‘‘Adminis-
                                                                       4               trator’’ means the Administrator of the Small Busi-
                                                                       5               ness Administration.
                                                                       6                         (2) COVERED                     MORTGAGE             OBLIGATION;           COV-

                                                                       7               ERED RENT OBLIGATION; COVERED SUPPLIER COST;

                                                                       8               COVERED              UTILITY              PAYMENT;            COVERED              WORKER

                                                                       9               PROTECTION EXPENDITURE.—The                                         terms ‘‘covered
                                                                     10                mortgage obligation’’, ‘‘covered rent obligation’’,
                                                                     11                ‘‘covered supplier cost’’, ‘‘covered utility payment’’,
                                                                     12                and ‘‘covered worker protection expenditure’’ have
                                                                     13                the meanings given the terms in section 7A(a) of the




pbinns on DSKJLVW7X2PROD with BILLS
                                                                     14                Small Business Act (15 U.S.C. 636m(a)).



                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200    PO 00000   Frm 00003   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                4
                                                                       1                        (3) EXCHANGE; ISSUER; SECURITY.—The terms
                                                                       2               ‘‘exchange’’, ‘‘issuer’’, and ‘‘security’’ have the
                                                                       3               meanings given those terms in section 3(a) of the
                                                                       4               Securities Exchange Act of 1934 (15 U.S.C. 78c(a)).
                                                                       5                        (4) NATIONAL                    SECURITIES EXCHANGE.—The

                                                                       6               term ‘‘national securities exchange’’ means an ex-
                                                                       7               change that is registered in accordance with section
                                                                       8               6 of the Securities Exchange Act of 1934 (15 U.S.C.
                                                                       9               78f).
                                                                     10                         (5) PAYROLL COSTS.—The term ‘‘payroll costs’’
                                                                     11                has the meaning given the term in section
                                                                     12                7(a)(36)(A) of the Small Business Act (15 U.S.C.
                                                                     13                636(a)(36)(A)), except that such term shall not in-
                                                                     14                clude—
                                                                     15                                  (A) qualified wages (as defined in sub-
                                                                     16                         section (c)(3) of section 2301 of the CARES
                                                                     17                         Act (26 U.S.C. 3111 note)) taken into account
                                                                     18                         in determining the credit allowed under such
                                                                     19                         section 2301; or
                                                                     20                                  (B) premiums taken into account in deter-
                                                                     21                         mining the credit allowed under section 6432 of
                                                                     22                         the Internal Revenue Code of 1986.
                                                                     23                         (6) PRIVATE EQUITY FUND.—The term ‘‘pri-
                                                                     24                vate equity fund’’ has the meaning given the term



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00004   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                5
                                                                       1               in section 225.173(a) of title 12, Code of Federal
                                                                       2               Regulations, or any successor regulation.
                                                                       3                        (7) PUBLICLY-TRADED                            COMPANY.—The              term
                                                                       4               ‘‘publicly-traded company’’ means an entity that is
                                                                       5               majority owned or controlled by an entity that is an
                                                                       6               issuer, the securities of which are listed on a na-
                                                                       7               tional securities exchange.
                                                                       8                        (8) TRIBALLY-OWNED                            CONCERN.—The               term
                                                                       9               ‘‘Tribally-owned concern’’ has the meaning given the
                                                                     10                term in section 124.3 of title 13, Code of Federal
                                                                     11                Regulations, or any successor regulation.
                                                                     12 TITLE I—RESTAURANT REVITAL-
                                                                     13    IZATION FUND REPLENISH-
                                                                     14    MENT AND IMPROVEMENTS
                                                                     15      SEC. 101. APPROPRIATION.

                                                                     16                Section 5003 of the American Rescue Plan Act of
                                                                     17 2021 (15 U.S.C. 9009c) is amended—
                                                                     18                         (1) in subsection (b)(2)—
                                                                     19                                  (A) in subparagraph (A)—
                                                                     20                                          (i) by striking ‘‘$28,600,000,000’’ and
                                                                     21                                  inserting ‘‘$68,600,000,000’’; and
                                                                     22                                          (ii) by inserting ‘‘, of which not more
                                                                     23                                  than $250,000,000 shall be for administra-
                                                                     24                                  tive expenses to carry out this section and



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  of which $20,000,000 shall be for the In-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00005   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                6
                                                                       1                                 spector General of the Small Business Ad-
                                                                       2                                 ministration for audits of grants under this
                                                                       3                                 section to investigate fraud and to identify
                                                                       4                                 improper payments and ineligible recipi-
                                                                       5                                 ents, and for other necessary expenses of
                                                                       6                                 the Office of the Inspector General’’ before
                                                                       7                                 the period at the end; and
                                                                       8                                 (B) in subparagraph (B)(i)(II), by striking
                                                                       9                        ‘‘$23,600,000,000’’ and inserting ‘‘any remain-
                                                                     10                         ing amounts not used for a purpose authorized
                                                                     11                         under subparagraph (A) or clause (i) of this
                                                                     12                         subparagraph’’; and
                                                                     13                         (2) in subsection (c)—
                                                                     14                                  (A) in paragraph (1), by striking ‘‘and
                                                                     15                         paragraph (3)’’; and
                                                                     16                                  (B) by striking paragraph (3).
                                                                     17      SEC. 102. INSUFFICIENT FUNDING.

                                                                     18                Section 5003 of the American Rescue Plan Act of
                                                                     19 2021 (15 U.S.C. 9009c) is amended by adding at the end
                                                                     20 the following:
                                                                     21                ‘‘(d) INSUFFICIENT FUNDING.—
                                                                     22                         ‘‘(1) IN GENERAL.—If the Administrator deter-
                                                                     23                mines that the amounts made available to carry out
                                                                     24                this section are insufficient to make grants in the



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                amount provided in subsection (c)(4) to each eligible


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00006   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                7
                                                                       1               entity that has submitted an application in accord-
                                                                       2               ance with the program guidelines in effect on the
                                                                       3               day before the date of enactment of this subsection,
                                                                       4               but has not received an award as of such date, the
                                                                       5               Administrator shall make grants with the available
                                                                       6               amounts to each such eligible applicant—
                                                                       7                                 ‘‘(A) such that the amount of the grant
                                                                       8                        that each such eligible entity would have other-
                                                                       9                        wise received under this section is reduced by
                                                                     10                         an equal percentage;
                                                                     11                                  ‘‘(B) by establishing a maximum amount
                                                                     12                         for a grant made under this subsection to en-
                                                                     13                         sure that smaller eligible entities still receive
                                                                     14                         grants in the amounts provided under sub-
                                                                     15                         section (c)(4); or
                                                                     16                                  ‘‘(C) by providing full awards in the
                                                                     17                         amounts provided under subsection (c)(4) below
                                                                     18                         a certain threshold (as the Administrator may
                                                                     19                         establish) and reducing grants above that
                                                                     20                         threshold by an equal percentage.
                                                                     21                         ‘‘(2) RESERVING                     FUNDS.—Nothing                       in para-
                                                                     22                graph (1) shall prevent the Administrator from—
                                                                     23                                  ‘‘(A) reserving funding for applicants that
                                                                     24                         may be determined to be eligible for a grant



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         under this section upon reconsideration; or


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00007   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                8
                                                                       1                                 ‘‘(B) making partial awards to eligible en-
                                                                       2                        tities on a preliminary basis until the amount of
                                                                       3                        funding required to fund grants to all eligible
                                                                       4                        applicants is established, upon the completion
                                                                       5                        of the reconsideration process.’’.
                                                                       6     SEC. 103. DATA TRANSPARENCY AND CUSTOMER SERVICE.

                                                                       7               Section 5003 of the American Rescue Plan Act of
                                                                       8 2021 (15 U.S.C. 9009c), as amended by section 102 of
                                                                       9 this Act, is amended by adding at the end the following:
                                                                     10                ‘‘(e) REPORTS.—The Administrator shall—
                                                                     11                         ‘‘(1) on a biweekly basis until the amounts
                                                                     12                made available to carry out this section are fully ex-
                                                                     13                pended, publish data that shows, for the period be-
                                                                     14                ginning on the date on which the Administrator
                                                                     15                began making grants under this section and ending
                                                                     16                on the date on which the information is published—
                                                                     17                                  ‘‘(A) with respect to applications for grants
                                                                     18                         under this section, the number of those applica-
                                                                     19                         tions—
                                                                     20                                          ‘‘(i) that the Administrator has re-
                                                                     21                                  ceived;
                                                                     22                                          ‘‘(ii) that the Administrator has re-
                                                                     23                                  viewed or is in the process of reviewing;
                                                                     24                                  and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00008   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                                9
                                                                       1                                         ‘‘(iii) with respect to which the Ad-
                                                                       2                                 ministrator has made a decision; and
                                                                       3                                 ‘‘(B) the number and dollar amount of
                                                                       4                        grants under this section—
                                                                       5                                         ‘‘(i) that have been awarded; and
                                                                       6                                         ‘‘(ii) that have been disbursed;
                                                                       7                        ‘‘(2) on a weekly basis until the amounts made
                                                                       8               available to carry out this section are fully expended,
                                                                       9               publish, with respect to the period beginning on the
                                                                     10                date of enactment of this subsection and ending on
                                                                     11                the date on which the information is published—
                                                                     12                                  ‘‘(A) with respect to each eligible entity to
                                                                     13                         which a grant is made under this section—
                                                                     14                                          ‘‘(i) the name of the eligible entity, in-
                                                                     15                                  cluding the name or names under which
                                                                     16                                  the eligible entity does business if that
                                                                     17                                  name is different from the name of the eli-
                                                                     18                                  gible entity; and
                                                                     19                                          ‘‘(ii) the address of—
                                                                     20                                                   ‘‘(I) the eligible entity; and
                                                                     21                                                   ‘‘(II) the physical location or lo-
                                                                     22                                          cations for the eligible entity listed on
                                                                     23                                          the application, if different from the
                                                                     24                                          address of the eligible entity;



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00009   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            10
                                                                       1                                 ‘‘(B) the amount of each grant described
                                                                       2                        in subparagraph (A); and
                                                                       3                                 ‘‘(C) the business category listed in sub-
                                                                       4                        section (a)(4)(A) to which the eligible entity be-
                                                                       5                        longs; and
                                                                       6                        ‘‘(3) with respect to an applicant that applies
                                                                       7               for a grant under this section and is denied by the
                                                                       8               Administrator—
                                                                       9                                 ‘‘(A) make available to the applicant a
                                                                     10                         brief explanation identifying the reason why the
                                                                     11                         Administrator denied the application of the ap-
                                                                     12                         plicant, which shall include, where applicable, a
                                                                     13                         citation to the statutory, regulatory, or guid-
                                                                     14                         ance provision with which the applicant failed
                                                                     15                         to comply and that was the basis for the denial;
                                                                     16                         and
                                                                     17                                  ‘‘(B) establish a reconsideration process
                                                                     18                         through which the applicant may—
                                                                     19                                          ‘‘(i) submit to the Administrator addi-
                                                                     20                                  tional information the applicant determines
                                                                     21                                  to be relevant to whether the applicant is
                                                                     22                                  eligible for the grant;
                                                                     23                                          ‘‘(ii) challenge the decision of the Ad-
                                                                     24                                  ministrator; and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00010   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            11
                                                                       1                                         ‘‘(iii) receive a second review of the
                                                                       2                                 application submitted by the applicant.’’.
                                                                       3     SEC. 104. OVERSIGHT AND AUDITS.

                                                                       4               Section 5003 of the American Rescue Plan Act of
                                                                       5 2021 (15 U.S.C. 9009c), as amended by section 103 of
                                                                       6 this Act, is amended by adding at the end the following:
                                                                       7               ‘‘(f) OVERSIGHT AND AUDITS.—
                                                                       8                        ‘‘(1) IN GENERAL.—The Administrator shall in-
                                                                       9               stitute an oversight and audit plan with respect to
                                                                     10                eligible entities receiving grants under this section,
                                                                     11                which shall include—
                                                                     12                                  ‘‘(A) documentation requirements that are
                                                                     13                         consistent with the eligibility and other require-
                                                                     14                         ments under this section, including by requiring
                                                                     15                         an eligible entity that receives a grant under
                                                                     16                         this section to retain records that demonstrate
                                                                     17                         compliance with those requirements; and
                                                                     18                                  ‘‘(B) reviews of the use, by eligible entities,
                                                                     19                         of grants made under this section to ensure
                                                                     20                         compliance with the requirements of this sec-
                                                                     21                         tion, which shall include—
                                                                     22                                          ‘‘(i) the review and audit, by the Ad-
                                                                     23                                  ministrator, of grants made under this sec-
                                                                     24                                  tion; and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00011   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            12
                                                                       1                                         ‘‘(ii) in the case of fraud or other ma-
                                                                       2                                 terial noncompliance with respect to a
                                                                       3                                 grant made under this section—
                                                                       4                                                  ‘‘(I) a requirement that the appli-
                                                                       5                                         cable eligible entity repay to the Ad-
                                                                       6                                         ministrator                the       amount             of   the
                                                                       7                                         misspent funds; or
                                                                       8                                                  ‘‘(II) the pursuit, by the Admin-
                                                                       9                                         istrator, of legal action to collect the
                                                                     10                                          misspent funds.
                                                                     11                         ‘‘(2) SUBMISSION OF PLAN.—Not later than 30
                                                                     12                days after the date of enactment of this subsection,
                                                                     13                the Administrator shall submit to the Committee on
                                                                     14                Small Business and Entrepreneurship of the Senate
                                                                     15                and the Committee on Small Business of the House
                                                                     16                of Representatives the plan required under para-
                                                                     17                graph (1), which shall describe—
                                                                     18                                  ‘‘(A) the policies and procedures of the Ad-
                                                                     19                         ministrator for conducting oversight and audits
                                                                     20                         of grants made under this section; and
                                                                     21                                  ‘‘(B) the metrics that the Administrator
                                                                     22                         will use to determine which grants made under
                                                                     23                         this section will be audited under that plan.
                                                                     24                         ‘‘(3) REPORTS.—Not later than 60 days after



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                the date of enactment of this subsection, and once


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00012   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            13
                                                                       1               every 30 days thereafter until the date that is 180
                                                                       2               days after the date on which all amounts made avail-
                                                                       3               able to carry out this section have been fully ex-
                                                                       4               pended, and upon request thereafter, the Adminis-
                                                                       5               trator shall submit to the Committee on Small Busi-
                                                                       6               ness and Entrepreneurship of the Senate and the
                                                                       7               Committee on Small Business of the House of Rep-
                                                                       8               resentatives a report on the oversight and audit ac-
                                                                       9               tivities of the Administrator under this subsection,
                                                                     10                which shall include—
                                                                     11                                  ‘‘(A) the total number of grants approved
                                                                     12                         and disbursed under this section;
                                                                     13                                  ‘‘(B) the total amount of each grant re-
                                                                     14                         ceived by each eligible entity;
                                                                     15                                  ‘‘(C) the number of active investigations
                                                                     16                         and audits of grants made under this section;
                                                                     17                                  ‘‘(D) the number of completed reviews and
                                                                     18                         audits of grants made under this section, in-
                                                                     19                         cluding a description of—
                                                                     20                                          ‘‘(i) any findings of fraud or other
                                                                     21                                  material noncompliance with the require-
                                                                     22                                  ments of this section;
                                                                     23                                          ‘‘(ii) questionable costs identified by
                                                                     24                                  the Administrator; and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00013   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            14
                                                                       1                                         ‘‘(iii) the total amount recouped from
                                                                       2                                 ineligible recipients; and
                                                                       3                                 ‘‘(E) a description of any substantial
                                                                       4                        changes made to the plan required under para-
                                                                       5                        graph (1).
                                                                       6                        ‘‘(4) RETROACTIVE                      APPLICATION.—This                 sub-
                                                                       7               section shall apply to grants and decisions made
                                                                       8               under this section before, on, or after the date of en-
                                                                       9               actment of this subsection.’’.
                                                                     10      SEC. 105. REQUIREMENT OF CONTINUING OPERATION.

                                                                     11                For any application for a grant under section 5003
                                                                     12 of the American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     13 9009c) that is pending on the date of enactment of this
                                                                     14 Act or for which the applicant has received an award no-
                                                                     15 tice but the Administrator has not disbursed amounts
                                                                     16 under the grant, the Administrator may not disburse
                                                                     17 amounts under the grant unless the applicant submits a
                                                                     18 statement to the Administrator indicating the applicant is
                                                                     19 still operating, or intends to reopen not later than 180
                                                                     20 days after the date on which the statement is submitted,
                                                                     21 the applicable place of business.




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00014   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            15
                                                                       1 TITLE II—SUPPORT FOR ADDI-
                                                                       2    TIONAL     BUSINESSES    SUF-
                                                                       3    FERING PANDEMIC-RELATED
                                                                       4    REVENUE LOSS
                                                                       5 Subtitle A—Support for Gyms and
                                                                       6          Fitness Facilities
                                                                       7     SEC. 211. DEFINITIONS.

                                                                       8               In this subtitle:
                                                                       9                        (1) AFFILIATED BUSINESS.—
                                                                     10                                  (A) IN          GENERAL.—The                    term ‘‘affiliated
                                                                     11                         business’’ means a business in which an eligible
                                                                     12                         entity has an equity or right to profit distribu-
                                                                     13                         tions of not less than 50 percent, or in which
                                                                     14                         an eligible entity has the contractual authority
                                                                     15                         to control the direction of the business, pro-
                                                                     16                         vided that such affiliation shall be determined
                                                                     17                         as of any arrangements or agreements in exist-
                                                                     18                         ence as of February 29, 2020.
                                                                     19                                  (B) REGULATIONS.—For purposes of eligi-
                                                                     20                         bility for covered grants—
                                                                     21                                          (i) the provisions applicable to affili-
                                                                     22                                  ations under section 121.301 of title 13,
                                                                     23                                  Code of Federal Regulations, or any suc-
                                                                     24                                  cessor regulation, are waived for any busi-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  ness concern operating as a franchise that


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00015   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            16
                                                                       1                                 is assigned a franchise identifier code by
                                                                       2                                 the Administration; and
                                                                       3                                         (ii) the exceptions to affiliation noted
                                                                       4                                 in section 121.103(b) of title 13, Code of
                                                                       5                                 Federal Regulations, or any successor reg-
                                                                       6                                 ulation, shall apply to an affiliated busi-
                                                                       7                                 ness.
                                                                       8                        (2) COVERED                     GRANT.—The                 term ‘‘covered
                                                                       9               grant’’ means a grant under section 213 made to an
                                                                     10                eligible entity.
                                                                     11                         (3) COVERED PERIOD.—The term ‘‘covered pe-
                                                                     12                riod’’ means the period—
                                                                     13                                  (A) beginning on March 1, 2020; and
                                                                     14                                  (B) ending on March 31, 2023, or a date
                                                                     15                         to be determined by the Administrator that is
                                                                     16                         not later than 2 years after the date of enact-
                                                                     17                         ment of this Act.
                                                                     18                         (4) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
                                                                     19                ty’’—
                                                                     20                                  (A) means a fitness facility—
                                                                     21                                          (i) that employs not more than 500
                                                                     22                                  employees,             determined               on       a      full-time
                                                                     23                                  equivalency basis;
                                                                     24                                          (ii) that—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00016   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            17
                                                                       1                                                  (I) provides instruction in a pro-
                                                                       2                                         gram of in-person physical exercise; or
                                                                       3                                                  (II) offers space for individuals
                                                                       4                                         to take part in the preservation, main-
                                                                       5                                         tenance, encouragement, or develop-
                                                                       6                                         ment of physical fitness;
                                                                       7                                         (iii) for which the health or fitness
                                                                       8                                 component is not incidental to the overall
                                                                       9                                 function and purpose of the facility; and
                                                                     10                                          (iv) that derives revenue primarily
                                                                     11                                  from membership dues or admission or
                                                                     12                                  participation fees;
                                                                     13                                  (B) may include—
                                                                     14                                          (i) a for-profit entity;
                                                                     15                                          (ii) a nonprofit entity; and
                                                                     16                                          (iii) a Tribally-owned concern; and
                                                                     17                                  (C) does not include—
                                                                     18                                          (i) an entity with pandemic-related
                                                                     19                                  revenue losses that are not greater than 25
                                                                     20                                  percent;
                                                                     21                                          (ii) an entity described in subpara-
                                                                     22                                  graph (A) that—
                                                                     23                                                   (I) is a State or local govern-
                                                                     24                                          ment-operated business;



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00017   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            18
                                                                       1                                                  (II) as of March 1, 2020, owns
                                                                       2                                         or operates (together with any affili-
                                                                       3                                         ated business) more than 10 locations,
                                                                       4                                         regardless of whether those locations
                                                                       5                                         do business under the same or mul-
                                                                       6                                         tiple names;
                                                                       7                                                  (III) has a pending application
                                                                       8                                         for or has received a grant under—
                                                                       9                                                           (aa) section 324 of the Eco-
                                                                     10                                                   nomic Aid to Hard Hit Small
                                                                     11                                                   Businesses,                 Nonprofits,        and
                                                                     12                                                   Venues Act (15 U.S.C. 9009a);
                                                                     13                                                   or
                                                                     14                                                            (bb) section 5003 of the
                                                                     15                                                   American Rescue Plan Act of
                                                                     16                                                   2021 (15 U.S.C. 9009c); or
                                                                     17                                                   (IV) offers golf, hunting, sailing,
                                                                     18                                          shooting, or riding facilities;
                                                                     19                                          (iii) a publicly-traded company;
                                                                     20                                          (iv) an entity that was not in oper-
                                                                     21                                  ation before March 1, 2020; or
                                                                     22                                          (v) an entity that is not in operation
                                                                     23                                  on, and does not intend to reopen on or be-
                                                                     24                                  fore the date that is 180 days after, the



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00018   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            19
                                                                       1                                 date on which the entity applies for a cov-
                                                                       2                                 ered grant.
                                                                       3                        (5) FUND.—The term ‘‘Fund’’ means the Gym
                                                                       4               and Fitness Center Recovery Fund established
                                                                       5               under section 212(a)(1).
                                                                       6                        (6) PANDEMIC-RELATED REVENUE LOSS.—
                                                                       7                                 (A) IN          GENERAL.—Subject                        to subpara-
                                                                       8                        graph (B), the term ‘‘pandemic-related revenue
                                                                       9                        loss’’ means, with respect to an eligible entity—
                                                                     10                                          (i) except as provided in clauses (ii)
                                                                     11                                  and (iii), the gross receipts, as established
                                                                     12                                  using such verification documentation as
                                                                     13                                  the Administrator may require, of the eligi-
                                                                     14                                  ble entity during 2020 subtracted from the
                                                                     15                                  gross receipts of the eligible entity in 2019,
                                                                     16                                  if such amount is greater than zero, except
                                                                     17                                  that the Administrator may make adjust-
                                                                     18                                  ments to this formula as needed for sea-
                                                                     19                                  sonal businesses, businesses affected by
                                                                     20                                  natural disasters, and to address other cir-
                                                                     21                                  cumstances identified by the Administrator
                                                                     22                                  requiring accommodation;
                                                                     23                                          (ii) if the eligible entity was not in op-
                                                                     24                                  eration for the entirety of 2019—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00019   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            20
                                                                       1                                                  (I) the difference, if greater than
                                                                       2                                         zero, between—
                                                                       3                                                           (aa) the product obtained by
                                                                       4                                                  multiplying the average monthly
                                                                       5                                                  gross receipts of the eligible enti-
                                                                       6                                                  ty in 2019 by 12; and
                                                                       7                                                           (bb) the product obtained by
                                                                       8                                                  multiplying the average monthly
                                                                       9                                                  gross receipts of the eligible enti-
                                                                     10                                                   ty in 2020 by 12; or
                                                                     11                                                   (II) an amount based on a for-
                                                                     12                                          mula determined by the Adminis-
                                                                     13                                          trator; and
                                                                     14                                          (iii) if the eligible entity opened dur-
                                                                     15                                  ing the period beginning on January 1,
                                                                     16                                  2020 and ending on February 29, 2020,
                                                                     17                                  an amount based on a formula determined
                                                                     18                                  by the Administrator.
                                                                     19                                  (B) REDUCTION.—
                                                                     20                                          (i) IN GENERAL.—The pandemic-re-
                                                                     21                                  lated revenue losses for an eligible entity
                                                                     22                                  shall be reduced by—
                                                                     23                                                   (I) any amounts received from a
                                                                     24                                          covered loan made under paragraph



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          (36) or (37) of section 7(a) of the


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00020   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            21
                                                                       1                                         Small           Business            Act         (15     U.S.C.
                                                                       2                                         636(a)) in 2020 or 2021; and
                                                                       3                                                  (II) the amount by which the
                                                                       4                                         total of all remunerative payments
                                                                       5                                         made to an individual, including any
                                                                       6                                         annual salary paid to an employee, in
                                                                       7                                         2020 exceeds $250,000.
                                                                       8                                         (ii) ADMINISTRATOR                          AUTHORITY.—

                                                                       9                                 The Administrator may determine the
                                                                     10                                  types of payments and individuals to which
                                                                     11                                  clause (i)(II) applies.
                                                                     12      SEC. 212. SUPPORT FOR GYMS AND FITNESS CENTERS.

                                                                     13                (a) ESTABLISHMENT.—
                                                                     14                         (1) IN GENERAL.—There is established within
                                                                     15                the Restaurant Revitalization Fund established
                                                                     16                under section 5003 of the American Rescue Plan
                                                                     17                Act of 2021 (15 U.S.C. 9009c) a fund to be known
                                                                     18                as the Gym and Fitness Center Recovery Fund.
                                                                     19                         (2) USE OF FUNDS.—Subject to section 266,
                                                                     20                the Administrator may use amounts in the Fund
                                                                     21                only for the purposes described in this subtitle and
                                                                     22                not for any purpose described in section 5003 of the
                                                                     23                American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     24                9009c).



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00021   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            22
                                                                       1               (b) APPROPRIATIONS.—In addition to amounts other-
                                                                       2 wise available, there is appropriated to the Fund for fiscal
                                                                       3 year 2022, out of any money in the Treasury not otherwise
                                                                       4 appropriated, $2,000,000,000, to remain available until
                                                                       5 expended.
                                                                       6     SEC. 213. GRANTS FROM FUND.

                                                                       7               (a) IN GENERAL.—Except as provided in subsection
                                                                       8 (c)(3) of this section, the Administrator shall make cov-
                                                                       9 ered grants to eligible entities in the order in which appli-
                                                                     10 cations are received by the Administrator.
                                                                     11                (b) APPLICATIONS.—
                                                                     12                         (1) CERTIFICATION.—An eligible entity apply-
                                                                     13                ing for a covered grant shall make a good faith cer-
                                                                     14                tification that—
                                                                     15                                  (A) the uncertainty of current economic
                                                                     16                         conditions makes necessary the request for the
                                                                     17                         covered grant to support the ongoing operations
                                                                     18                         of the eligible entity;
                                                                     19                                  (B) the eligible entity does not have a
                                                                     20                         pending application for, and has not received, a
                                                                     21                         grant under—
                                                                     22                                          (i) section 324 of the Economic Aid to
                                                                     23                                  Hard-Hit Small Businesses, Nonprofits,
                                                                     24                                  and Venues Act (15 U.S.C. 9009a); or



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00022   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            23
                                                                       1                                         (ii) section 5003 of the American Res-
                                                                       2                                 cue Plan Act of 2021 (15 U.S.C. 9009c);
                                                                       3                                 and
                                                                       4                                 (C) contains any other information that
                                                                       5                        the Administrator may require.
                                                                       6                        (2) VERIFICATION MATERIALS.—Subject to sec-
                                                                       7               tion 211(6)(A)(i), the Administrator shall use tax
                                                                       8               records, and may, in addition, use other reliable
                                                                       9               sources such as certified accounting statements, with
                                                                     10                respect to an applicant for a covered grant to deter-
                                                                     11                mine—
                                                                     12                                  (A) the eligibility of the applicant for that
                                                                     13                         covered grant; and
                                                                     14                                  (B) the amount of that covered grant to
                                                                     15                         the applicant.
                                                                     16                         (3) ACCEPTANCE OF APPLICATIONS.—Not later
                                                                     17                than 60 days after the date of enactment of this
                                                                     18                Act, the Administrator shall begin accepting applica-
                                                                     19                tions for covered grants.
                                                                     20                (c) AMOUNT OF GRANT.—
                                                                     21                         (1) AGGREGATE MAXIMUM AMOUNT.—The ag-
                                                                     22                gregate amount of covered grants made to an eligi-
                                                                     23                ble entity and any affiliated businesses of the eligible
                                                                     24                entity—



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  (A) shall not exceed $2,000,000; and


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00023   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            24
                                                                       1                                 (B) shall be limited to $1,000,000 per
                                                                       2                        physical location of the eligible entity.
                                                                       3                        (2) DETERMINATION OF AMOUNT OF GRANT.—
                                                                       4                                 (A) IN GENERAL.—Except as provided in
                                                                       5                        this subsection, the amount of a covered grant
                                                                       6                        made to an eligible entity shall be equal to the
                                                                       7                        difference between—
                                                                       8                                         (i) the pandemic-related revenue loss
                                                                       9                                 of the eligible entity; and
                                                                     10                                          (ii)(I) the amount equal to the prod-
                                                                     11                                  uct obtained by multiplying 3 by the aver-
                                                                     12                                  age monthly gross receipts of the eligible
                                                                     13                                  entity in 2019; or
                                                                     14                                          (II) for an eligible entity that did not
                                                                     15                                  have gross receipts in 2019, because the el-
                                                                     16                                  igible entity began operating between Jan-
                                                                     17                                  uary 1, 2020 and February 29, 2020 or
                                                                     18                                  due to other factors identified by the Ad-
                                                                     19                                  ministrator, an alternative amount based
                                                                     20                                  on a formula to be determined by the Ad-
                                                                     21                                  ministrator.
                                                                     22                                  (B) LIMITATION.—An eligible entity may
                                                                     23                         not receive a covered grant in an amount that
                                                                     24                         is greater than—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00024   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            25
                                                                       1                                         (i) the amount equal to the product
                                                                       2                                 obtained by multiplying 6 by the average
                                                                       3                                 monthly gross receipts of the eligible entity
                                                                       4                                 in 2019; or
                                                                       5                                         (ii) if the eligible entity was not in op-
                                                                       6                                 eration for the entirety of 2019, if the
                                                                       7                                 gross receipts of the eligible entity during
                                                                       8                                 2019 were reduced due to other factors
                                                                       9                                 identified by the Administrator, or if the
                                                                     10                                  eligible entity opened during the period be-
                                                                     11                                  ginning on January 1, 2020 and ending on
                                                                     12                                  February 29, 2020, an amount determined
                                                                     13                                  under a formula established by the Admin-
                                                                     14                                  istrator.
                                                                     15                                  (C) MINIMUM                    AMOUNT.—The                      Adminis-
                                                                     16                         trator may establish a minimum amount of a
                                                                     17                         covered grant in an amount that is not more
                                                                     18                         than $10,000.
                                                                     19                                  (D) RETURN TO SBA.—Any amount of a
                                                                     20                         covered grant to an eligible entity based on esti-
                                                                     21                         mated receipts that is greater than the actual
                                                                     22                         gross receipts of the eligible entity in 2020 shall
                                                                     23                         be returned to the Administrator, who may use
                                                                     24                         those returned funds to make additional cov-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         ered grants.


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00025   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            26
                                                                       1                        (3) INSUFFICIENT FUNDING.—
                                                                       2                                 (A) IN GENERAL.—If the Administrator
                                                                       3                        determines that the amounts made available to
                                                                       4                        carry out this subtitle are insufficient to make
                                                                       5                        covered grants to each eligible entity in the
                                                                       6                        amount provided under paragraphs (1) and (2),
                                                                       7                        the Administrator shall—
                                                                       8                                         (i) make covered grants with the
                                                                       9                                 available amounts—
                                                                     10                                                   (I) such that the amount of the
                                                                     11                                          covered grant that each such eligible
                                                                     12                                          entity would have otherwise received
                                                                     13                                          under those paragraphs is reduced by
                                                                     14                                          an equal percentage;
                                                                     15                                                   (II) by establishing a maximum
                                                                     16                                          amount for a covered grant made
                                                                     17                                          under this clause to ensure that small-
                                                                     18                                          er eligible entities still receive covered
                                                                     19                                          grants in the amounts provided under
                                                                     20                                          those paragraphs; or
                                                                     21                                                   (III) by providing covered grants
                                                                     22                                          in the amounts provided under those
                                                                     23                                          paragraphs below a certain threshold
                                                                     24                                          (as the Administrator may establish)



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          and reducing covered grants above


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00026   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            27
                                                                       1                                         that threshold by an equal percentage;
                                                                       2                                         and
                                                                       3                                         (ii) in a manner that complies with
                                                                       4                                 clause (i), make covered grants to each eli-
                                                                       5                                 gible entity that submits an application for
                                                                       6                                 a covered grant during the 21-day period
                                                                       7                                 beginning on the date on which the Admin-
                                                                       8                                 istrator begins accepting those applica-
                                                                       9                                 tions.
                                                                     10                                  (B) RESERVING FUNDS.—Nothing in sub-
                                                                     11                         paragraph (A) shall prevent the Administrator
                                                                     12                         from—
                                                                     13                                          (i) reserving funding for applicants
                                                                     14                                  that may be determined to be eligible for
                                                                     15                                  a covered grant upon reconsideration; or
                                                                     16                                          (ii) making partial awards to eligible
                                                                     17                                  entities on a preliminary basis until the
                                                                     18                                  amount of funding required to fund cov-
                                                                     19                                  ered grants to all eligible entities that sub-
                                                                     20                                  mit applications is established, upon the
                                                                     21                                  completion of the reconsideration process.
                                                                     22                (d) USE OF FUNDS.—During the covered period, an
                                                                     23 eligible entity that receives a covered grant may use
                                                                     24 amounts received under the covered grant for the following



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00027   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            28
                                                                       1 expenses incurred as a direct result of, or during, the
                                                                       2 COVID–19 pandemic:
                                                                       3                        (1) Payroll costs.
                                                                       4                        (2) Payments to independent contractors, as re-
                                                                       5               ported on Form 1099-MISC, except that each pay-
                                                                       6               ment under this paragraph shall be in an amount
                                                                       7               that is not more than $100,000.
                                                                       8                        (3) Scheduled payments of interest or principal
                                                                       9               on any covered mortgage obligation (which may not
                                                                     10                include any prepayment of principal on a covered
                                                                     11                mortgage obligation).
                                                                     12                         (4) Payments on any covered rent obligation
                                                                     13                and common area maintenance charges under a
                                                                     14                lease agreement.
                                                                     15                         (5) Covered utility payments.
                                                                     16                         (6) Maintenance expenses.
                                                                     17                         (7) Covered worker protection expenditures.
                                                                     18                         (8) Supplies, including protective equipment
                                                                     19                and cleaning materials.
                                                                     20                         (9) Expenses that were within the scope of the
                                                                     21                normal business practice of the eligible entity before
                                                                     22                the covered period.
                                                                     23                         (10) Covered supplier costs.
                                                                     24                         (11) Operational expenses.



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         (12) Paid sick leave.


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00028   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            29
                                                                       1                        (13) Capital expenditures (or expenses required
                                                                       2               under any Federal, State, or local law) relating to
                                                                       3               implementing social distancing measures.
                                                                       4                        (14) Any other expenses that the Administrator
                                                                       5               determines to be essential to maintaining the eligible
                                                                       6               entity.
                                                                       7               (e) RETURNING FUNDS.—If an eligible entity that re-
                                                                       8 ceives a covered grant fails to use all of the amounts re-
                                                                       9 ceived under the covered grant on or before the last day
                                                                     10 of the covered period or permanently ceases operations on
                                                                     11 or before the last day of the covered period, the eligible
                                                                     12 entity shall return to the Treasury any funds that the eli-
                                                                     13 gible entity did not use for the allowable expenses under
                                                                     14 subsection (d).
                                                                     15               Subtitle B—Support for Minor
                                                                     16                       League Sports
                                                                     17      SEC. 221. DEFINITIONS.

                                                                     18                In this subtitle:
                                                                     19                         (1) COVERED                     GRANT.—The                 term ‘‘covered
                                                                     20                grant’’ means a grant made under section 223 to an
                                                                     21                eligible entity.
                                                                     22                         (2) FUND.—The term ‘‘Fund’’ means the Save
                                                                     23                Minor League Sports Fund established under sec-
                                                                     24                tion 222(a)(1).



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         (3) ELIGIBLE ENTITY.—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00029   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            30
                                                                       1                                 (A) IN GENERAL.—The term ‘‘eligible enti-
                                                                       2                        ty’’ means any minor league sports team that
                                                                       3                        meets the following requirements:
                                                                       4                                         (i) The minor league sports team was
                                                                       5                                 operating in the ordinary course of busi-
                                                                       6                                 ness on February 29, 2020.
                                                                       7                                         (ii) The gross receipts of the minor
                                                                       8                                 league sports team—
                                                                       9                                                  (I) in calendar year 2020 or the
                                                                     10                                          fiscal year ending in 2021 was not
                                                                     11                                          more than 50 percent of the gross re-
                                                                     12                                          ceipts of the minor league sports team
                                                                     13                                          in calendar year 2019 or the fiscal
                                                                     14                                          year ending in 2019, respectively; or
                                                                     15                                                   (II) in calendar year 2020 or the
                                                                     16                                          fiscal year ending in 2021 was not
                                                                     17                                          more than 50 percent of the gross re-
                                                                     18                                          ceipts of the minor league sports team
                                                                     19                                          over the 3-year period from calendar
                                                                     20                                          year 2016 through calendar 2018 or
                                                                     21                                          the fiscal year ending in 2016 through
                                                                     22                                          the fiscal year ending in 2018, respec-
                                                                     23                                          tively, if the gross receipts of the
                                                                     24                                          minor league sports team was nega-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          tively impacted by a natural disaster


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00030   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            31
                                                                       1                                         or weather disruption in calendar year
                                                                       2                                         2019 or the fiscal year ending in
                                                                       3                                         2019.
                                                                       4                                         (iii) The minor league sports team is
                                                                       5                                 open on, or intends to reopen on or before
                                                                       6                                 the date that is 180 days after, the date on
                                                                       7                                 which the minor league sports team sub-
                                                                       8                                 mits the certification required under sec-
                                                                       9                                 tion 223(b)(1), for the primary purpose of
                                                                     10                                  conducting sports games.
                                                                     11                                  (B) EXCLUSIONS.—The term ‘‘eligible en-
                                                                     12                         tity’’ does not include a minor league sports
                                                                     13                         team that—
                                                                     14                                          (i) has a pending application for or
                                                                     15                                  has received a grant under—
                                                                     16                                                   (I) section 324 of the Economic
                                                                     17                                          Aid to Hard-Hit Small Businesses,
                                                                     18                                          Nonprofits,                and      Venues              Act   (15
                                                                     19                                          U.S.C. 9009a); or
                                                                     20                                                   (II) section 5003 of the Amer-
                                                                     21                                          ican Rescue Plan Act of 2021 (15
                                                                     22                                          U.S.C. 9009c);
                                                                     23                                          (ii) is owned directly or indirectly by
                                                                     24                                  a major league sports league or major



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  league sports team;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00031   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            32
                                                                       1                                         (iii) has an individual owner with—
                                                                       2                                                  (I) not less than a 20 percent
                                                                       3                                         share in the team; and
                                                                       4                                                  (II) more than a 10 percent own-
                                                                       5                                         ership interest in a major league
                                                                       6                                         sports league or major league sports
                                                                       7                                         team;
                                                                       8                                         (iv) is more than 50 percent owned by
                                                                       9                                 a private equity fund; or
                                                                     10                                          (v) is more than 50 percent owned by
                                                                     11                                  a publicly-traded company.
                                                                     12                                  (C) MULTIPLE BUSINESS ENTITIES.—The
                                                                     13                         Administrator shall treat each eligible entity as
                                                                     14                         an independent, non-affiliated entity for the
                                                                     15                         purposes of this subtitle.
                                                                     16                         (4) MINOR LEAGUE SPORTS TEAM.—The term
                                                                     17                ‘‘minor league sports team’’ means a professional
                                                                     18                sports team—
                                                                     19                                  (A) that may be—
                                                                     20                                          (i) a corporation, limited liability com-
                                                                     21                                  pany, partnership, or nonprofit organiza-
                                                                     22                                  tion;
                                                                     23                                          (ii) operated as a sole proprietorship;
                                                                     24                                  or



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          (iii) a Tribally-owned concern;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00032   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            33
                                                                       1                                 (B) that, as of the date of enactment of
                                                                       2                        this Act—
                                                                       3                                         (i) is located in the United States;
                                                                       4                                         (ii) is not owned directly or indirectly
                                                                       5                                 by an educational institution;
                                                                       6                                         (iii) derives income primarily from the
                                                                       7                                 presence of in-person spectators;
                                                                       8                                         (iv) is not—
                                                                       9                                                  (I) a recreational, intramural,
                                                                     10                                          club, or other type of amateur sports
                                                                     11                                          team; or
                                                                     12                                                   (II) a training academy open to
                                                                     13                                          athletes under 18 years of age;
                                                                     14                                          (v) does not require players to pay a
                                                                     15                                  fee to participate; and
                                                                     16                                          (vi) either has a formal relationship
                                                                     17                                  with a major league sports team or major
                                                                     18                                  league sports league to develop players to
                                                                     19                                  compete in a major league sports league,
                                                                     20                                  or competes in a sports league from which
                                                                     21                                  a major league sports team or major
                                                                     22                                  league sports league scouts for prospective
                                                                     23                                  players; and
                                                                     24                                  (C) comprised of players paid a salary to



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         play in the games of the team as of—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00033   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            34
                                                                       1                                         (i) the date of enactment of this Act;
                                                                       2                                 or
                                                                       3                                         (ii) February 29, 2020.
                                                                       4                        (5) MAJOR                LEAGUE             SPORTS          LEAGUE.—The

                                                                       5               term ‘‘major league sports league’’ means a profes-
                                                                       6               sional sports league consisting of teams competing
                                                                       7               at the highest professional level of a given sport in
                                                                       8               the United States, as determined by the Adminis-
                                                                       9               trator.
                                                                     10                         (6) MAJOR LEAGUE SPORTS TEAM.—The term
                                                                     11                ‘‘major league sports team’’ means a team that com-
                                                                     12                petes in a major league sports league.
                                                                     13                         (7) NATURAL DISASTER OR WEATHER DISRUP-
                                                                     14                TION.—The term ‘‘natural disaster or weather dis-

                                                                     15                ruption’’ means—
                                                                     16                                  (A) a flooding event, hurricane, earth-
                                                                     17                         quake, forest fire, or other disaster that trig-
                                                                     18                         gers eligibility for Federal aid, including dis-
                                                                     19                         aster assistance from the Administrator; or
                                                                     20                                  (B) a series of weather-related events that,
                                                                     21                         individually or collectively, caused more than 20
                                                                     22                         percent of games to be permanently canceled.
                                                                     23                         (8) PANDEMIC-RELATED REVENUE LOSS.—
                                                                     24                                  (A) IN GENERAL.—The term ‘‘pandemic-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         related revenue loss’’, with respect to an eligible


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00034   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            35
                                                                       1                        entity, as established using such verification
                                                                       2                        documentation as the Administrator may re-
                                                                       3                        quire, means, if such amount is greater than
                                                                       4                        zero—
                                                                       5                                         (i) except as provided in clauses (ii),
                                                                       6                                 (iii), and (iv), the gross receipts of the eli-
                                                                       7                                 gible entity during calendar year 2020 or
                                                                       8                                 the fiscal year ending in 2021 subtracted
                                                                       9                                 from the gross receipts of the eligible enti-
                                                                     10                                  ty in calendar year 2019 or the fiscal year
                                                                     11                                  ending in 2019, respectively;
                                                                     12                                          (ii) the gross receipts of the eligible
                                                                     13                                  entity during calendar year 2020 or the
                                                                     14                                  fiscal year ending in 2021 subtracted from
                                                                     15                                  the average annual gross receipts of the el-
                                                                     16                                  igible entity over the 3-year period from
                                                                     17                                  calendar year 2016 through calendar year
                                                                     18                                  2018 or the fiscal year ending in 2016
                                                                     19                                  through the fiscal year ending in 2018, re-
                                                                     20                                  spectively, if the gross receipts of the eligi-
                                                                     21                                  ble entity were negatively impacted by a
                                                                     22                                  natural disaster or weather disruption in
                                                                     23                                  calendar year 2019 or the fiscal year end-
                                                                     24                                  ing in 2019;



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00035   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            36
                                                                       1                                         (iii) if the eligible entity was not in
                                                                       2                                 operation for the entirety of 2019—
                                                                       3                                                  (I) the difference between—
                                                                       4                                                           (aa) the product obtained by
                                                                       5                                                  multiplying the average monthly
                                                                       6                                                  gross receipts of the eligible enti-
                                                                       7                                                  ty in calendar year 2019 or the
                                                                       8                                                  fiscal year ending in 2019 by 12;
                                                                       9                                                  and
                                                                     10                                                            (bb) the product obtained by
                                                                     11                                                   multiplying the average monthly
                                                                     12                                                   gross receipts of the eligible enti-
                                                                     13                                                   ty in calendar year 2020 or the
                                                                     14                                                   fiscal year ending in 2021 by 12;
                                                                     15                                                   or
                                                                     16                                                   (II) an amount based on a for-
                                                                     17                                          mula determined by the Adminis-
                                                                     18                                          trator; or
                                                                     19                                          (iv) if the eligible entity opened during
                                                                     20                                  the period beginning on January 1, 2020,
                                                                     21                                  and ending on February 29, 2020—
                                                                     22                                                   (I) the expenses described in sec-
                                                                     23                                          tion 223(f) that were incurred by the
                                                                     24                                          eligible entity minus any gross re-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          ceipts received; or


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00036   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            37
                                                                       1                                                  (II) an amount based on a for-
                                                                       2                                         mula determined by the Adminis-
                                                                       3                                         trator.
                                                                       4                                 (B) REDUCTION.—For purposes of this
                                                                       5                        paragraph, the pandemic-related revenue loss
                                                                       6                        for an eligible entity shall be reduced by any
                                                                       7                        amounts received from a covered loan made
                                                                       8                        under paragraph (36) or (37) of section 7(a) of
                                                                       9                        the Small Business Act (15 U.S.C. 636(a)) in
                                                                     10                         2020 or 2021.
                                                                     11      SEC. 222. SAVE MINOR LEAGUE SPORTS FUND.

                                                                     12                (a) ESTABLISHMENT.—
                                                                     13                         (1) IN GENERAL.—There is established within
                                                                     14                the Restaurant Revitalization Fund established
                                                                     15                under section 5003 of the American Rescue Plan
                                                                     16                Act of 2021 (15 U.S.C. 9009c) a fund to be known
                                                                     17                as the Save Minor League Sports Fund.
                                                                     18                         (2) USE OF FUNDS.—Subject to section 266,
                                                                     19                the Administrator may use amounts in the Fund
                                                                     20                only for the purposes described in this subtitle and
                                                                     21                not for any purpose described in section 5003 of the
                                                                     22                American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     23                9009c).
                                                                     24                (b) APPROPRIATIONS.—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00037   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            38
                                                                       1                        (1) IN GENERAL.—In addition to amounts oth-
                                                                       2               erwise available, there is appropriated to the Fund
                                                                       3               for fiscal year 2022, out of any money in the Treas-
                                                                       4               ury not otherwise appropriated, $500,000,000, to re-
                                                                       5               main available until expended.
                                                                       6               (c) USE OF FUNDS.—The Administrator shall use
                                                                       7 amounts in the Fund to make covered grants.
                                                                       8     SEC. 223. SAVE MINOR LEAGUE SPORTS GRANTS.

                                                                       9               (a) IN GENERAL.—Except as provided in subsection
                                                                     10 (e)(3), the Administrator shall award covered grants to
                                                                     11 eligible entities in the order in which applications are re-
                                                                     12 ceived by the Administrator.
                                                                     13                (b) APPLICATION.—An eligible entity applying for a
                                                                     14 covered grant shall make a good faith certification that—
                                                                     15                         (1) the uncertainty of current economic condi-
                                                                     16                tions makes necessary the grant request to support
                                                                     17                the ongoing operations of the eligible entity;
                                                                     18                         (2) the eligible entity does not have a pending
                                                                     19                application nor has the eligible entity received a
                                                                     20                grant under—
                                                                     21                                  (A) section 324 of the Economic Aid to
                                                                     22                         Hard-Hit Small Businesses, Nonprofits, and
                                                                     23                         Venues Act (15 U.S.C. 9009a); or
                                                                     24                                  (B) section 5003 of the American Rescue



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         Plan Act of 2021 (15 U.S.C. 9009c); and


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00038   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            39
                                                                       1                        (3) contains any other information that the Ad-
                                                                       2               ministrator may require.
                                                                       3               (c) VERIFICATION MATERIALS.—Subject to section
                                                                       4 221(8)(A), the Administrator shall use tax records, and
                                                                       5 may, in addition, use other reliable sources such as cer-
                                                                       6 tified accounting statements, with respect to an applicant
                                                                       7 for a covered grant to determine—
                                                                       8                        (1) the eligibility of the applicant for that cov-
                                                                       9               ered grant; and
                                                                     10                         (2) the amount of that covered grant to the ap-
                                                                     11                plicant.
                                                                     12                (d) LIMITATION ON NUMBER OF GRANTS.—An eligi-
                                                                     13 ble entity may receive only 1 covered grant.
                                                                     14                (e) MAXIMUM AMOUNT.—
                                                                     15                         (1)       AGGREGATE                  MAXIMUM               AMOUNT.—The

                                                                     16                amount of a covered grant made to an eligible enti-
                                                                     17                ty—
                                                                     18                                  (A) shall not exceed $5,000,000; and
                                                                     19                                  (B) shall be limited to—
                                                                     20                                          (i) 50 percent of the gross receipts of
                                                                     21                                  the eligible entity for calendar year 2019
                                                                     22                                  or the fiscal year ending in 2019;
                                                                     23                                          (ii) 50 percent of the average annual
                                                                     24                                  gross receipts of the eligible entity over the



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  3-year period from calendar year 2016


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00039   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            40
                                                                       1                                 through calendar year 2018 or the fiscal
                                                                       2                                 year ending in 2016 through the fiscal
                                                                       3                                 year ending in 2018, if the gross receipts
                                                                       4                                 of the eligible entity were negatively im-
                                                                       5                                 pacted by a natural disaster or weather
                                                                       6                                 disruption in calendar year 2019 or the fis-
                                                                       7                                 cal year ending in 2019;
                                                                       8                                         (iii) an amount based on a formula
                                                                       9                                 determined by the Administrator if the eli-
                                                                     10                                  gible entity was not in operation for the
                                                                     11                                  entirety of 2019; or
                                                                     12                                          (iv) an amount based on a formula
                                                                     13                                  determined by the Administrator if the eli-
                                                                     14                                  gible entity opened during the period be-
                                                                     15                                  ginning on January 1, 2020 and ending on
                                                                     16                                  February 29, 2020.
                                                                     17                         (2) DETERMINATION OF GRANT AMOUNT.—
                                                                     18                                  (A) IN GENERAL.—Except as provided in
                                                                     19                         this subsection, the amount of a covered grant
                                                                     20                         made to an eligible entity shall be equal to the
                                                                     21                         difference between—
                                                                     22                                          (i) the pandemic-related revenue loss
                                                                     23                                  of the eligible entity; and
                                                                     24                                          (ii)(I) the amount equal to the prod-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  uct obtained by multiplying 3 by the aver-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00040   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            41
                                                                       1                                 age monthly gross receipts of the eligible
                                                                       2                                 entity in 2019;
                                                                       3                                         (II) for an eligible entity that did not
                                                                       4                                 have gross receipts in 2019, because the el-
                                                                       5                                 igible entity began operating between Jan-
                                                                       6                                 uary 1, 2020 and February 29, 2020, or
                                                                       7                                 due to other factors identified by the Ad-
                                                                       8                                 ministrator, an alternative amount based
                                                                       9                                 on a formula to be determined by the Ad-
                                                                     10                                  ministrator; or
                                                                     11                                          (III) for an eligibility that was nega-
                                                                     12                                  tively impacted by a natural disaster or
                                                                     13                                  weather disruption in calendar year 2019
                                                                     14                                  or the fiscal year ending in 2019, the
                                                                     15                                  amount equal to the product obtained by
                                                                     16                                  multiplying 3 by the average monthly gross
                                                                     17                                  receipts of the eligible entity over the 3-
                                                                     18                                  year period from calendar year 2016
                                                                     19                                  through calendar year 2018 or the fiscal
                                                                     20                                  year ending in 2016 through the fiscal
                                                                     21                                  year ending in 2018.
                                                                     22                                  (B) RETURN OF GRANTS.—
                                                                     23                                          (i) GROSS RECEIPTS.—Any amount of
                                                                     24                                  a covered grant made to an eligible entity



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  based on estimated gross receipts that is


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00041   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            42
                                                                       1                                 greater than the actual gross receipts of
                                                                       2                                 the eligible entity in 2020 shall be returned
                                                                       3                                 to the Administrator, who may use those
                                                                       4                                 returned funds to make additional covered
                                                                       5                                 grants.
                                                                       6                                         (ii) PRIVATE                  EQUITY            FUND,    PUB-

                                                                       7                                 LICLY-TRADED                       COMPANY,             OR      MAJOR

                                                                       8                                 LEAGUE SPORTS TEAM.—The full amount

                                                                       9                                 of a covered grant made to an eligible enti-
                                                                     10                                  ty shall be returned to the Treasury if,
                                                                     11                                  during the 3-year period following receipt
                                                                     12                                  of the covered grant, the eligible entity—
                                                                     13                                                   (I) becomes more than 50 per-
                                                                     14                                          cent owned by a private equity fund;
                                                                     15                                                   (II) becomes or is acquired by a
                                                                     16                                          publicly-traded company; or
                                                                     17                                                   (III) becomes more than 50 per-
                                                                     18                                          cent owned by a major league sports
                                                                     19                                          team.
                                                                     20                         (3) INSUFFICIENT FUNDING.—
                                                                     21                                  (A) IN GENERAL.—If the Administrator
                                                                     22                         determines that the amounts made available to
                                                                     23                         carry out this subtitle are insufficient to make
                                                                     24                         covered grants to each eligible entity in the



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00042   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            43
                                                                       1                        amount provided under paragraphs (1) and (2),
                                                                       2                        the Administrator shall—
                                                                       3                                         (i) make covered grants with the
                                                                       4                                 available amounts—
                                                                       5                                                  (I) such that the amount of the
                                                                       6                                         covered grant that each such eligible
                                                                       7                                         entity would have otherwise received
                                                                       8                                         under those paragraphs is reduced by
                                                                       9                                         an equal percentage;
                                                                     10                                                   (II) by establishing a maximum
                                                                     11                                          amount for a covered grant made
                                                                     12                                          under this clause to ensure that small-
                                                                     13                                          er eligible entities still receive covered
                                                                     14                                          grants in the amounts provided under
                                                                     15                                          those paragraphs; or
                                                                     16                                                   (III) by providing covered grants
                                                                     17                                          in the amounts provided under those
                                                                     18                                          paragraphs below a certain threshold
                                                                     19                                          (as the Administrator may establish)
                                                                     20                                          and reducing covered grants above
                                                                     21                                          that threshold by an equal percentage;
                                                                     22                                          and
                                                                     23                                          (ii) in a manner that complies with
                                                                     24                                  clause (i), make covered grants to each eli-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  gible entity that submits an application for


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00043   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            44
                                                                       1                                 a covered grant during the 21-day period
                                                                       2                                 beginning on the date on which the Admin-
                                                                       3                                 istrator begins accepting those applica-
                                                                       4                                 tions.
                                                                       5                                 (B) RESERVING FUNDS.—Nothing in sub-
                                                                       6                        paragraph (A) shall prevent the Administrator
                                                                       7                        from—
                                                                       8                                         (i) reserving funding for applicants
                                                                       9                                 that may be determined to be eligible for
                                                                     10                                  a covered grant upon reconsideration; or
                                                                     11                                          (ii) making partial awards to eligible
                                                                     12                                  entities on a preliminary basis until the
                                                                     13                                  amount of funding required to fund cov-
                                                                     14                                  ered grants to all eligible entities that sub-
                                                                     15                                  mit applications is established, upon the
                                                                     16                                  completion of the reconsideration process.
                                                                     17                (f) USE OF FUNDS.—
                                                                     18                         (1) TIMING.—
                                                                     19                                  (A) EXPENSES INCURRED.—Amounts re-
                                                                     20                         ceived under a covered grant may only be used
                                                                     21                         for expenses incurred, including for reimburse-
                                                                     22                         ments of expenses already paid by the eligible
                                                                     23                         entity, during the period beginning on March 1,
                                                                     24                         2020, and ending on the date that is 18 months



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         after the date of enactment of this Act.


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00044   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            45
                                                                       1                                 (B) EXPENDITURE.—An eligible entity
                                                                       2                        shall return to the Treasury any amounts re-
                                                                       3                        ceived under a covered grant that are not ex-
                                                                       4                        pended on or before the date that is 18 months
                                                                       5                        after the date of disbursement of the covered
                                                                       6                        grant.
                                                                       7                        (2) ALLOWABLE EXPENSES.—An eligible entity
                                                                       8               may use amounts received under a covered grant
                                                                       9               for—
                                                                     10                                  (A) payroll costs, not to exceed a total of
                                                                     11                         $100,000 in annual compensation for any indi-
                                                                     12                         vidual employee;
                                                                     13                                  (B) payments on any covered rent obliga-
                                                                     14                         tion or other obligation to a public entity from
                                                                     15                         whom the primary venue of the eligible entity is
                                                                     16                         leased or licensed;
                                                                     17                                  (C) any covered utility payment;
                                                                     18                                  (D) payments of interest or principal due
                                                                     19                         on any covered mortgage obligation;
                                                                     20                                  (E) payments of interest or principal due
                                                                     21                         on any indebtedness or debt instrument in-
                                                                     22                         curred in the ordinary course of business that
                                                                     23                         is a liability of the eligible entity and was in
                                                                     24                         place or incurred prior to March 1, 2020, in-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         cluding any subsequent renewals, amendments,


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00045   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            46
                                                                       1                        or extensions of debt instruments in place as of
                                                                       2                        that date;
                                                                       3                                 (F) covered worker protection expendi-
                                                                       4                        tures;
                                                                       5                                 (G) payments made to independent con-
                                                                       6                        tractors, as reported on Form-1099 MISC, not
                                                                       7                        to exceed a total of $100,000 in annual com-
                                                                       8                        pensation for any individual employee of an
                                                                       9                        independent contractor; and
                                                                     10                                  (H) other ordinary and necessary business
                                                                     11                         expenses, including—
                                                                     12                                          (i) maintenance expenses;
                                                                     13                                          (ii) administrative costs, including
                                                                     14                                  fees and licensing costs;
                                                                     15                                          (iii) State and local taxes and fees;
                                                                     16                                          (iv) operating leases in effect as of
                                                                     17                                  March 1, 2020;
                                                                     18                                          (v) payments required for insurance
                                                                     19                                  on any insurance policy;
                                                                     20                                          (vi) settling existing debts with ven-
                                                                     21                                  dors; and
                                                                     22                                          (vii) advertising, production, transpor-
                                                                     23                                  tation, and other expenditures relating to
                                                                     24                                  the primary venue of the eligible entity or



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  events held at such venue, except that a


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00046   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            47
                                                                       1                                 covered grant may not be used primarily
                                                                       2                                 for such expenditures.
                                                                       3                        (3) PROHIBITED EXPENSES.—An eligible entity
                                                                       4               may not use amounts received under a covered
                                                                       5               grant—
                                                                       6                                 (A) to purchase real estate or to make
                                                                       7                        physical improvements to property unrelated to
                                                                       8                        compliance with social distancing guidelines;
                                                                       9                                 (B) for payments of interest or principal
                                                                     10                         for loans originated after March 1, 2020;
                                                                     11                                  (C) to invest or re-lend funds;
                                                                     12                                  (D) for contributions or expenditures to, or
                                                                     13                         on behalf of, any political party, party com-
                                                                     14                         mittee, or candidate for elective office; or
                                                                     15                                  (E) for any other use as may be reasonably
                                                                     16                         prohibited by the Administrator.
                                                                     17 Subtitle C—Support for Border
                                                                     18   Businesses Affected by Border
                                                                     19   Closures
                                                                     20      SEC. 231. DEFINITIONS.

                                                                     21                In this subtitle:
                                                                     22                         (1) AFFILIATED BUSINESS.—
                                                                     23                                  (A) IN          GENERAL.—The                    term ‘‘affiliated
                                                                     24                         business’’ means a business in which an eligible



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         entity has an equity or right to profit distribu-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00047   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            48
                                                                       1                        tions of not less than 50 percent, or in which
                                                                       2                        an eligible entity has the contractual authority
                                                                       3                        to control the direction of the business, pro-
                                                                       4                        vided that such affiliation shall be determined
                                                                       5                        as of any arrangements or agreements in exist-
                                                                       6                        ence as of February 29, 2020.
                                                                       7                                 (B) REGULATIONS.—For purposes of eligi-
                                                                       8                        bility for covered grants—
                                                                       9                                         (i) the provisions applicable to affili-
                                                                     10                                  ations under section 121.301 of title 13,
                                                                     11                                  Code of Federal Regulations, or any suc-
                                                                     12                                  cessor regulation, are waived for any busi-
                                                                     13                                  ness concern operating as a franchise that
                                                                     14                                  is assigned a franchise identifier code by
                                                                     15                                  the Administration; and
                                                                     16                                          (ii) the exceptions to affiliation noted
                                                                     17                                  in section 121.103(b) of title 13, Code of
                                                                     18                                  Federal Regulations, or any successor reg-
                                                                     19                                  ulation, shall apply to an affiliated busi-
                                                                     20                                  ness.
                                                                     21                         (2) BORDER                 BUSINESS.—The                     term ‘‘border
                                                                     22                business’’—
                                                                     23                                  (A) means an entity—




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00048   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            49
                                                                       1                                         (i) that is a small business concern
                                                                       2                                 (as defined in section 3 of the Small Busi-
                                                                       3                                 ness Act (15 U.S.C. 632));
                                                                       4                                         (ii) the principal office of which is lo-
                                                                       5                                 cated in the United States;
                                                                       6                                         (iii) that has—
                                                                       7                                                  (I) annual average gross receipts
                                                                       8                                         in 2019 in an amount that is not
                                                                       9                                         more than $1,000,000; and
                                                                     10                                                   (II) not less than 1 and not more
                                                                     11                                          than 25 employees, determined on a
                                                                     12                                          full-time equivalency basis; and
                                                                     13                                          (iv) that has a physical location with-
                                                                     14                                  in—
                                                                     15                                                   (I) an area adjacent to a des-
                                                                     16                                          ignated land port of entry, includ-
                                                                     17                                          ing—
                                                                     18                                                            (aa) the lands within the ex-
                                                                     19                                                   ternal boundaries of a designated
                                                                     20                                                   land port of entry along the
                                                                     21                                                   international borders between the
                                                                     22                                                   United States and Mexico or the
                                                                     23                                                   United States and Canada;




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00049   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            50
                                                                       1                                                           (bb) the census tract in
                                                                       2                                                  which the lands described in item
                                                                       3                                                  (aa) are wholly contained;
                                                                       4                                                           (cc)        a     census         tract   the
                                                                       5                                                  boundaries of which intersect the
                                                                       6                                                  lands described in item (aa); and
                                                                       7                                                           (dd) a census tract—
                                                                       8                                                                    (AA) the boundaries of
                                                                       9                                                           which are contiguous to the
                                                                     10                                                            census tracts described in
                                                                     11                                                            item (bb) or (cc); and
                                                                     12                                                                     (BB) which is not more
                                                                     13                                                            than 50 miles from the
                                                                     14                                                            international border between
                                                                     15                                                            the United States and Mex-
                                                                     16                                                            ico or the United States and
                                                                     17                                                            Canada; or
                                                                     18                                                   (II) a colonia;
                                                                     19                                  (B) may include—
                                                                     20                                          (i) a for-profit entity; and
                                                                     21                                          (ii) a Tribally-owned concern; and
                                                                     22                                  (C) does not include—
                                                                     23                                          (i) an entity with pandemic-related
                                                                     24                                  revenue losses that are not greater than 25



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  percent;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00050   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            51
                                                                       1                                         (ii) an entity described in subpara-
                                                                       2                                 graph (A) that is a State or local govern-
                                                                       3                                 ment-operated business;
                                                                       4                                         (iii) a publicly traded company;
                                                                       5                                         (iv) an entity that is owned or oper-
                                                                       6                                 ated by a private equity fund;
                                                                       7                                         (v) an entity that was not in operation
                                                                       8                                 before March 1, 2020; or
                                                                       9                                         (vi) an entity that is not in operation
                                                                     10                                  on, and does not intend to reopen on or be-
                                                                     11                                  fore the date that is 180 days after, the
                                                                     12                                  date on which the entity applies for a cov-
                                                                     13                                  ered grant.
                                                                     14                         (3) COLONIA.—The term ‘‘colonia’’ has the
                                                                     15                meaning given the term in section 916(e) of the
                                                                     16                Cranston-Gonzalez National Affordable Housing Act
                                                                     17                (42 U.S.C. 5306 note).
                                                                     18                         (4) COVERED                     GRANT.—The                 term ‘‘covered
                                                                     19                grant’’ means a grant under section 233 made to a
                                                                     20                border business.
                                                                     21                         (5) COVERED PERIOD.—The term ‘‘covered pe-
                                                                     22                riod’’ means the period—
                                                                     23                                  (A) beginning on March 1, 2020; and
                                                                     24                                  (B) ending on March 31, 2023, or a date



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         to be determined by the Administrator that is


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00051   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            52
                                                                       1                        not later than 2 years after the date of enact-
                                                                       2                        ment of this Act.
                                                                       3                        (6) FUND.—The term ‘‘Fund’’ means the Bor-
                                                                       4               der Closure Recovery Grant Fund established under
                                                                       5               section 232(a)(1).
                                                                       6                        (7) PANDEMIC-RELATED REVENUE LOSS.—
                                                                       7                                 (A) IN          GENERAL.—Subject                        to subpara-
                                                                       8                        graph (B), the term ‘‘pandemic-related revenue
                                                                       9                        loss’’ means, with respect to a border busi-
                                                                     10                         ness—
                                                                     11                                          (i) except as provided in clauses (ii)
                                                                     12                                  and (iii), the gross receipts, as established
                                                                     13                                  using such verification documentation as
                                                                     14                                  the Administrator may require, of the bor-
                                                                     15                                  der business during 2020 subtracted from
                                                                     16                                  the gross receipts of the border business in
                                                                     17                                  2019, if such amount is greater than zero,
                                                                     18                                  except that the Administrator may make
                                                                     19                                  adjustments to this formula as needed for
                                                                     20                                  seasonal businesses, businesses affected by
                                                                     21                                  natural disasters, and to address other cir-
                                                                     22                                  cumstances identified by the Administrator
                                                                     23                                  requiring accommodation;
                                                                     24                                          (ii) if the border business was not in



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  operation for the entirety of 2019—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00052   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            53
                                                                       1                                                  (I) the difference between, if
                                                                       2                                         greater than zero—
                                                                       3                                                           (aa) the product obtained by
                                                                       4                                                  multiplying the average monthly
                                                                       5                                                  gross receipts of the border busi-
                                                                       6                                                  ness in 2019 by 12; and
                                                                       7                                                           (bb) the product obtained by
                                                                       8                                                  multiplying the average monthly
                                                                       9                                                  gross receipts of the border busi-
                                                                     10                                                   ness in 2020 by 12; or
                                                                     11                                                   (II) an amount based on a for-
                                                                     12                                          mula determined by the Adminis-
                                                                     13                                          trator; and
                                                                     14                                          (iii) if the border business opened dur-
                                                                     15                                  ing the period beginning on January 1,
                                                                     16                                  2020, and ending on February 29, 2020,
                                                                     17                                  an amount based on a formula determined
                                                                     18                                  by the Administrator.
                                                                     19                                  (B) REDUCTION.—
                                                                     20                                          (i) IN GENERAL.—The pandemic-re-
                                                                     21                                  lated revenue losses for a border business
                                                                     22                                  shall be reduced by—
                                                                     23                                                   (I) any amounts received from a
                                                                     24                                          covered loan made under paragraph



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          (36) or (37) of section 7(a) of the


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00053   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            54
                                                                       1                                         Small           Business            Act         (15     U.S.C.
                                                                       2                                         636(a)) in 2020 or 2021; and
                                                                       3                                                  (II) the amount by which any re-
                                                                       4                                         munerative payment made to an indi-
                                                                       5                                         vidual, including any salary paid to an
                                                                       6                                         employee, in 2020 exceeds $250,000.
                                                                       7                                         (ii) ADMINISTRATOR                          AUTHORITY.—

                                                                       8                                 The Administrator may determine the
                                                                       9                                 types of payments and individuals to which
                                                                     10                                  clause (i)(II) applies.
                                                                     11      SEC. 232. BORDER CLOSURE RECOVERY GRANT PROGRAM.

                                                                     12                (a) ESTABLISHMENT.—
                                                                     13                         (1) IN GENERAL.—There is established within
                                                                     14                the Restaurant Revitalization Fund established
                                                                     15                under section 5003 of the American Rescue Plan
                                                                     16                Act of 2021 (15 U.S.C. 9009c) a fund to be known
                                                                     17                as the ‘‘Border Closure Recovery Grant Fund’’.
                                                                     18                         (2) USE OF FUNDS.—Subject to section 266,
                                                                     19                the Administrator may use amounts in the Fund
                                                                     20                only for the purposes described in this subtitle and
                                                                     21                not for any purpose described in section 5003 of the
                                                                     22                American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     23                9009c).
                                                                     24                (b) APPROPRIATIONS.—In addition to amounts other-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 wise available, there is appropriated to the Fund for fiscal


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00054   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            55
                                                                       1 year 2022, out of any money in the Treasury not otherwise
                                                                       2 appropriated, $1,415,000,000, to remain available until
                                                                       3 expended.
                                                                       4     SEC. 233. GRANTS FROM FUND.

                                                                       5               (a) IN GENERAL.—Except as provided in subsection
                                                                       6 (c)(3) and in accordance with subsection (c)(2)(E), the
                                                                       7 Administrator shall make covered grants in the order in
                                                                       8 which applications are received by the Administrator.
                                                                       9               (b) APPLICATIONS.—
                                                                     10                         (1) CERTIFICATION.—A border business apply-
                                                                     11                ing for a covered grant shall make a good faith cer-
                                                                     12                tification that—
                                                                     13                                  (A) the covered grant is necessary to sup-
                                                                     14                         port the operations of the border business,
                                                                     15                         which were adversely affected by the border
                                                                     16                         travel restrictions imposed by the Federal Gov-
                                                                     17                         ernment in response to the COVID–19 pan-
                                                                     18                         demic;
                                                                     19                                  (B) the border business does not have a
                                                                     20                         pending application for, and has not received, a
                                                                     21                         grant under—
                                                                     22                                          (i) section 324 of the Economic Aid to
                                                                     23                                  Hard-Hit Small Businesses, Nonprofits,
                                                                     24                                  and Venues Act (15 U.S.C. 9009a); or



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00055   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            56
                                                                       1                                         (ii) section 5003 of the American Res-
                                                                       2                                 cue Plan Act of 2021 (15 U.S.C. 9009c);
                                                                       3                                 and
                                                                       4                                 (C) contains any other information that
                                                                       5                        the Administrator may require.
                                                                       6                        (2) VERIFICATION MATERIALS.—Subject to sec-
                                                                       7               tion 231(7)(A)(i), the Administrator shall use tax
                                                                       8               records, and may, in addition, use other reliable
                                                                       9               sources such as certified accounting statements, with
                                                                     10                respect to an applicant for a covered grant to deter-
                                                                     11                mine—
                                                                     12                                  (A) the eligibility of the applicant for that
                                                                     13                         covered grant; and
                                                                     14                                  (B) the amount of that covered grant to
                                                                     15                         the applicant.
                                                                     16                         (3) ACCEPTANCE OF APPLICATIONS.—Not later
                                                                     17                than 60 days after the date of enactment of this
                                                                     18                Act, the Administrator shall begin accepting applica-
                                                                     19                tions for covered grants.
                                                                     20                (c) AMOUNT OF GRANT.—
                                                                     21                         (1) AGGREGATE MAXIMUM AMOUNT.—The ag-
                                                                     22                gregate amount of covered grants made to a border
                                                                     23                business and any affiliated businesses of the border
                                                                     24                business shall not exceed $350,000.



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         (2) DETERMINATION OF AMOUNT OF GRANT.—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00056   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            57
                                                                       1                                 (A) IN GENERAL.—Except as provided in
                                                                       2                        this subsection, the amount of a covered grant
                                                                       3                        made to a border business shall be equal to the
                                                                       4                        difference between—
                                                                       5                                         (i) the pandemic-related revenue loss
                                                                       6                                 of the border business; and
                                                                       7                                         (ii)(I) the amount equal to the prod-
                                                                       8                                 uct obtained by multiplying 3 by the aver-
                                                                       9                                 age monthly gross receipts of the border
                                                                     10                                  business in 2019; or
                                                                     11                                          (II) for a border business that did not
                                                                     12                                  have gross receipts in 2019, because the
                                                                     13                                  border business began operating between
                                                                     14                                  January 1, 2020 and February 29, 2020
                                                                     15                                  or due to other factors identified by the
                                                                     16                                  Administrator,                 an        alternative            amount
                                                                     17                                  based on a formula to be determined by
                                                                     18                                  the Administrator.
                                                                     19                                  (B) LIMITATION.—A border business may
                                                                     20                         not receive a covered grant in an amount that
                                                                     21                         is greater than—
                                                                     22                                          (i) the amount equal to the product
                                                                     23                                  obtained by multiplying 6 by the average
                                                                     24                                  monthly gross receipts of the border busi-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  ness in 2019; or


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00057   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            58
                                                                       1                                         (ii) if the border business was not in
                                                                       2                                 operation for the entirety of 2019, if the
                                                                       3                                 gross receipts of the border business dur-
                                                                       4                                 ing 2019 were reduced due to other factors
                                                                       5                                 identified by the Administrator, or if the
                                                                       6                                 border business opened during the period
                                                                       7                                 beginning on January 1, 2020 and ending
                                                                       8                                 on February 29, 2020, an amount deter-
                                                                       9                                 mined under a formula established by the
                                                                     10                                  Administrator.
                                                                     11                                  (C) MINIMUM                    AMOUNT.—The                      Adminis-
                                                                     12                         trator may establish a minimum amount of a
                                                                     13                         covered grant in an amount that is not more
                                                                     14                         than $10,000.
                                                                     15                                  (D) RETURN TO SBA.—Any amount of a
                                                                     16                         covered grant to a border business based on es-
                                                                     17                         timated receipts that is greater than the actual
                                                                     18                         gross receipts of the border business in 2020
                                                                     19                         shall be returned to the Administrator, who
                                                                     20                         may use those returned funds to make addi-
                                                                     21                         tional covered grants.
                                                                     22                                  (E) MINIMUM ALLOCATION.—The Admin-
                                                                     23                         istrator shall ensure that—
                                                                     24                                          (i) not less than one-third of amounts



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  made available to carry out this subtitle is


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00058   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            59
                                                                       1                                 used to make covered grants to border
                                                                       2                                 businesses located along the international
                                                                       3                                 border between the United States and
                                                                       4                                 Mexico, including colonias; and
                                                                       5                                         (ii) not less than one-third of amounts
                                                                       6                                 made available to carry out this subtitle is
                                                                       7                                 used to make covered grants to border
                                                                       8                                 businesses located along the international
                                                                       9                                 border between the United States and
                                                                     10                                  Canada.
                                                                     11                         (3) INSUFFICIENT FUNDING.—
                                                                     12                                  (A) IN GENERAL.—If the Administrator
                                                                     13                         determines that the amounts made available to
                                                                     14                         carry out this subtitle are insufficient to make
                                                                     15                         covered grants to each border business in the
                                                                     16                         amount provided under paragraphs (1) and (2),
                                                                     17                         the Administrator shall, in a manner that main-
                                                                     18                         tains the minimum allocation requirements
                                                                     19                         under paragraph (2)(E)—
                                                                     20                                          (i) make covered grants with the
                                                                     21                                  available amounts—
                                                                     22                                                   (I) such that the amount of the
                                                                     23                                          covered grant that each border busi-
                                                                     24                                          ness would have otherwise received



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00059   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            60
                                                                       1                                         under those paragraphs is reduced by
                                                                       2                                         an equal percentage;
                                                                       3                                                  (II) by establishing a maximum
                                                                       4                                         amount for a covered grant made
                                                                       5                                         under this clause to ensure that small-
                                                                       6                                         er border businesses still receive cov-
                                                                       7                                         ered grants in the amounts provided
                                                                       8                                         under those paragraphs; or
                                                                       9                                                  (III) by providing covered grants
                                                                     10                                          in the amounts provided under those
                                                                     11                                          paragraphs below a certain threshold
                                                                     12                                          (as the Administrator may establish)
                                                                     13                                          and reducing covered grants above
                                                                     14                                          that threshold by an equal percentage;
                                                                     15                                          and
                                                                     16                                          (ii) in a manner that complies with
                                                                     17                                  clause (i), make covered grants to each
                                                                     18                                  border business that submits an applica-
                                                                     19                                  tion for a covered grant during the 21-day
                                                                     20                                  period beginning on the date on which the
                                                                     21                                  Administrator begins accepting those appli-
                                                                     22                                  cations.
                                                                     23                                  (B) RESERVING FUNDS.—Nothing in sub-
                                                                     24                         paragraph (A) shall prevent the Administrator



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         from—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00060   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            61
                                                                       1                                         (i) reserving funding for applicants
                                                                       2                                 that may be determined to be eligible for
                                                                       3                                 a covered grant upon reconsideration; or
                                                                       4                                         (ii) making partial awards to border
                                                                       5                                 businesses on a preliminary basis until the
                                                                       6                                 amount of funding required to fund cov-
                                                                       7                                 ered grants to all border businesses that
                                                                       8                                 submit applications is established, upon
                                                                       9                                 the completion of the reconsideration proc-
                                                                     10                                  ess.
                                                                     11                (d) USE OF FUNDS.—A border business may use
                                                                     12 amounts received under a covered grant for the following
                                                                     13 expenses incurred during the covered period as a direct
                                                                     14 result of, or during, the COVID–19 pandemic, including
                                                                     15 logistical expenses associated with border closures:
                                                                     16                         (1) Payroll costs.
                                                                     17                         (2) Payments to independent contractors, as re-
                                                                     18                ported on Form 1099-MISC, except that each pay-
                                                                     19                ment under this paragraph shall be in an amount
                                                                     20                that is not more than $100,000.
                                                                     21                         (3) Scheduled payments of interest or principal
                                                                     22                on any covered mortgage obligation (which may not
                                                                     23                include any prepayment of principal on a covered
                                                                     24                mortgage obligation).



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00061   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            62
                                                                       1                        (4) Payments on any covered rent obligation
                                                                       2               and common area maintenance charges under a
                                                                       3               lease agreement.
                                                                       4                        (5) Covered utility payments.
                                                                       5                        (6) Maintenance expenses.
                                                                       6                        (7) Covered worker protection expenditures.
                                                                       7                        (8) Supplies, including protective equipment
                                                                       8               and cleaning materials.
                                                                       9                        (9) Expenses that were within the scope of the
                                                                     10                normal business practice of the border business be-
                                                                     11                fore the covered period.
                                                                     12                         (10) Covered supplier costs.
                                                                     13                         (11) Operational expenses.
                                                                     14                         (12) Paid sick leave.
                                                                     15                         (13) Costs associated with resuming or scaling
                                                                     16                up business operations after COVID–19 pandemic-
                                                                     17                related border travel restrictions have been lifted.
                                                                     18                         (14) Workforce training or retraining expenses.
                                                                     19                         (15) Any other expenses that the Administrator
                                                                     20                determines to be essential to maintaining the border
                                                                     21                business.
                                                                     22                (e) RETURNING FUNDS.—If a border business that
                                                                     23 receives a covered grant fails to use all of the amounts
                                                                     24 received under the covered grant on or before the last day



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 of the covered period or permanently ceases operations on


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00062   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            63
                                                                       1 or before the last day of the covered period, the border
                                                                       2 business shall return to the Treasury any funds that the
                                                                       3 border business did not use for the allowable expenses
                                                                       4 under subsection (d).
                                                                       5     SEC. 234. OUTREACH.

                                                                       6               (a) IN GENERAL.—In carrying out the program
                                                                       7 under this subtitle, the Administrator shall make grants
                                                                       8 to, or enter into contracts or cooperative agreements with,
                                                                       9 not fewer than 6 private nonprofit organizations, resource
                                                                     10 partners, States, Indian Tribes, or units of local govern-
                                                                     11 ment, including not fewer than 3 adjacent to the inter-
                                                                     12 national border between the United States and Canada
                                                                     13 and not fewer than 3 adjacent to the international border
                                                                     14 between the United States and Mexico, under the authori-
                                                                     15 ties of the Community Navigator pilot program estab-
                                                                     16 lished under section 5004 of the American Rescue Plan
                                                                     17 Act (15 U.S.C. 9013) in order to improve access to assist-
                                                                     18 ance programs and resources made available by Federal,
                                                                     19 State, Tribal, and local entities in response to the
                                                                     20 COVID–19 pandemic, and related border travel restric-
                                                                     21 tions.
                                                                     22                (b) FUNDING.—The Administrator shall set aside
                                                                     23 $10,000,000 from amounts in the Fund to make grants
                                                                     24 or enter into contracts or cooperative agreements under



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 subsection (a).


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00063   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            64
                                                                       1               (c) RESOURCE PARTNERS.—In addition to the activi-
                                                                       2 ties described in subsection (a), the Administrator shall,
                                                                       3 in partnership with entities participating in the Commu-
                                                                       4 nity Navigator pilot program established under section
                                                                       5 5004 of the American Rescue Plan Act (15 U.S.C. 9013),
                                                                       6 small business development centers (as defined in section
                                                                       7 3 of the Small Business Act (15 U.S.C. 632)), women’s
                                                                       8 business centers described in section 29 of that Act (15
                                                                       9 U.S.C. 656), Veteran Business Outreach Centers de-
                                                                     10 scribed in section 32 of that Act (15 U.S.C. 657b), and
                                                                     11 the Service Corps of Retired Executives established under
                                                                     12 section 8(b)(1)(B) of that Act (15 U.S.C. 637(b)(1)(B))—
                                                                     13                         (1) help make border businesses aware of the
                                                                     14                availability of the program under this subtitle and
                                                                     15                promote engagement with that program; and
                                                                     16                         (2) provide technical assistance to applicants,
                                                                     17                including instructions on how to participate in the
                                                                     18                program under this subtitle, assistance in preparing
                                                                     19                applications for participation in that program, and
                                                                     20                assistance in complying with any reporting require-
                                                                     21                ments established by the Administrator with respect
                                                                     22                to that program.
                                                                     23                (d) LANGUAGE ACCESS.—The Administrator shall
                                                                     24 ensure that outreach and technical assistance activities de-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 scribed in this section are made available to border busi-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00064   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            65
                                                                       1 nesses in the 10 most commonly spoken languages, other
                                                                       2 than English, in the States of the United States that bor-
                                                                       3 der the international boundary with Mexico or that border
                                                                       4 the international boundary with Canada, including in
                                                                       5 Spanish and in French.
                                                                       6 Subtitle D—Support for Live Venue
                                                                       7  Service and Support Companies
                                                                       8     SEC. 241. DEFINITIONS.

                                                                       9               In this subtitle:
                                                                     10                         (1) AFFILIATED BUSINESS.—
                                                                     11                                  (A) IN          GENERAL.—The                    term ‘‘affiliated
                                                                     12                         business’’ means a business in which an eligible
                                                                     13                         entity has an equity or right to profit distribu-
                                                                     14                         tions of not less than 50 percent, or in which
                                                                     15                         an eligible entity has the contractual authority
                                                                     16                         to control the direction of the business, pro-
                                                                     17                         vided that such affiliation shall be determined
                                                                     18                         as of any arrangements or agreements in exist-
                                                                     19                         ence as of February 29, 2020.
                                                                     20                                  (B) REGULATIONS.—For purposes of eligi-
                                                                     21                         bility for covered grants—
                                                                     22                                          (i) the provisions applicable to affili-
                                                                     23                                  ations under section 121.301 of title 13,
                                                                     24                                  Code of Federal Regulations, or any suc-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  cessor regulation, are waived for any busi-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00065   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            66
                                                                       1                                 ness concern operating as a franchise that
                                                                       2                                 is assigned a franchise identifier code by
                                                                       3                                 the Administration; and
                                                                       4                                         (ii) the exceptions to affiliation noted
                                                                       5                                 in section 121.103(b) of title 13, Code of
                                                                       6                                 Federal Regulations, or any successor reg-
                                                                       7                                 ulation, shall apply to an affiliated busi-
                                                                       8                                 ness.
                                                                       9                        (2) COVERED                     GRANT.—The                 term ‘‘covered
                                                                     10                grant’’ means a grant under section 503 made to an
                                                                     11                eligible entity.
                                                                     12                         (3) COVERED PERIOD.—The term ‘‘covered pe-
                                                                     13                riod’’ means the period—
                                                                     14                                  (A) beginning on March 1, 2020; and
                                                                     15                                  (B) ending on March 31, 2023, or a date
                                                                     16                         to be determined by the Administrator that is
                                                                     17                         not later than 2 years after the date of enact-
                                                                     18                         ment of this Act.
                                                                     19                         (4) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
                                                                     20                ty’’—
                                                                     21                                  (A) means an individual or entity—
                                                                     22                                          (i) that is assigned a North American
                                                                     23                                  Industry Classification System code of
                                                                     24                                  532289,                532490,             541410,              541420,



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  541430,                541490,             561591,              561920,


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00066   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            67
                                                                       1                                 711190, 711300, or 711320, as appears on
                                                                       2                                 the most recent income tax filing or on the
                                                                       3                                 application for a loan under paragraph
                                                                       4                                 (36) or (37) of section 7(a) of the Small
                                                                       5                                 Business Act (15 U.S.C. 636(a)) of the in-
                                                                       6                                 dividual or entity, if applicable; and
                                                                       7                                         (ii)(I)(aa) that, as the principal busi-
                                                                       8                                 ness of the individual or entity, provides
                                                                       9                                 stages, lighting, sound, casts, or other sup-
                                                                     10                                  port for live events; and
                                                                     11                                          (bb) for which not less than 65 per-
                                                                     12                                  cent of the earned revenue generated
                                                                     13                                  through providing the support described in
                                                                     14                                  item (aa) is for live events organized, pro-
                                                                     15                                  moted, produced, managed, or hosted by
                                                                     16                                  an eligible person or entity described in
                                                                     17                                  section 324(a)(1)(A)(iii) of the Economic
                                                                     18                                  Aid to Hard-Hit Small Businesses, Non-
                                                                     19                                  profits,         and        Venues           Act        (15     U.S.C.
                                                                     20                                  9009a(a)(1)(A)(iii)); or
                                                                     21                                          (II)(aa) as the principal business of
                                                                     22                                  the individual or entity, showcases per-
                                                                     23                                  formers or pre-packaged productions to po-
                                                                     24                                  tential buyers; and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00067   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            68
                                                                       1                                         (bb) for which not less than 65 per-
                                                                       2                                 cent of the earned revenue generated
                                                                       3                                 through showcasing performers or pre-
                                                                       4                                 packaged productions described in item
                                                                       5                                 (aa) is for live events—
                                                                       6                                                  (AA) organized, promoted, pro-
                                                                       7                                         duced, managed, or hosted by an eligi-
                                                                       8                                         ble person or entity described in sec-
                                                                       9                                         tion 324(a)(1)(A)(iii) of the Economic
                                                                     10                                          Aid to Hard-Hit Small Businesses,
                                                                     11                                          Nonprofits,                and      Venues              Act   (15
                                                                     12                                          U.S.C. 9009a(a)(1)(A)(iii)); or
                                                                     13                                                   (BB) hosted in a hotel or conven-
                                                                     14                                          tion center facility;
                                                                     15                                  (B) includes an individual or entity de-
                                                                     16                         scribed in subparagraph (A) that—
                                                                     17                                          (i) operates for profit;
                                                                     18                                          (ii) is a Tribally-owned concern; or
                                                                     19                                          (iii) is a corporation, limited liability
                                                                     20                                  company, or partnership or operated as a
                                                                     21                                  sole proprietorship; and
                                                                     22                                  (C) does not include—
                                                                     23                                          (i) an individual or entity described in
                                                                     24                                  subparagraph (A) that—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00068   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            69
                                                                       1                                                  (I) employs more than 250 em-
                                                                       2                                         ployees, determined on a full-time
                                                                       3                                         equivalency basis;
                                                                       4                                                  (II) is registered outside of the
                                                                       5                                         United States; or
                                                                       6                                                  (III) has pandemic-related rev-
                                                                       7                                         enue losses that are not greater than
                                                                       8                                         25 percent;
                                                                       9                                         (ii) an entity described in subpara-
                                                                     10                                  graph (A) that—
                                                                     11                                                   (I) is a State or local govern-
                                                                     12                                          ment-operated business;
                                                                     13                                                   (II) as of February 29, 2020,
                                                                     14                                          owns or operates (together with any
                                                                     15                                          affiliated business) more than 5 loca-
                                                                     16                                          tions, regardless of whether those lo-
                                                                     17                                          cations do business under the same or
                                                                     18                                          multiple names; or
                                                                     19                                                   (III) has a pending application
                                                                     20                                          for, or has received, a grant under—
                                                                     21                                                            (aa) section 324 of the Eco-
                                                                     22                                                   nomic Aid to Hard Hit Small
                                                                     23                                                   Businesses,                 Nonprofits,        and
                                                                     24                                                   Venues Act (15 U.S.C. 9009a);



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                                   or


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00069   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            70
                                                                       1                                                           (bb) section 5003 of the
                                                                       2                                                  American Rescue Plan Act of
                                                                       3                                                  2021 (15 U.S.C. 9009c);
                                                                       4                                         (iii) a publicly-traded company;
                                                                       5                                         (iv) an entity that is owned or oper-
                                                                       6                                 ated by a private equity fund;
                                                                       7                                         (v) an entity that was not in operation
                                                                       8                                 before March 1, 2020; or
                                                                       9                                         (vi) an entity that is not in operation
                                                                     10                                  on, and does not intend to reopen on or be-
                                                                     11                                  fore the date that is 180 days after, the
                                                                     12                                  date on which the entity applies for a cov-
                                                                     13                                  ered grant.
                                                                     14                         (5) FUND.—The term ‘‘Fund’’ means the Live
                                                                     15                Venue Service and Support Business Relief Fund es-
                                                                     16                tablished under section 242(a)(1).
                                                                     17                         (6) PANDEMIC-RELATED REVENUE LOSS.—
                                                                     18                                  (A) IN          GENERAL.—Subject                        to subpara-
                                                                     19                         graph (B), the term ‘‘pandemic-related revenue
                                                                     20                         loss’’ means, with respect to an eligible entity—
                                                                     21                                          (i) except as provided in clauses (ii)
                                                                     22                                  and (iii), the gross receipts, as established
                                                                     23                                  using such verification documentation as
                                                                     24                                  the Administrator may require, of the eligi-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  ble entity during 2020 subtracted from the


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00070   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            71
                                                                       1                                 gross receipts of the eligible entity in 2019,
                                                                       2                                 if such amount is greater than zero, except
                                                                       3                                 that the Administrator may make adjust-
                                                                       4                                 ments to this formula as needed for sea-
                                                                       5                                 sonal businesses, businesses affected by
                                                                       6                                 natural disasters, and to address other cir-
                                                                       7                                 cumstances identified by the Administrator
                                                                       8                                 requiring accommodation;
                                                                       9                                         (ii) if the eligible entity was not in op-
                                                                     10                                  eration for the entirety of 2019—
                                                                     11                                                   (I) the difference, if greater than
                                                                     12                                          zero, between—
                                                                     13                                                            (aa) the product obtained by
                                                                     14                                                   multiplying the average monthly
                                                                     15                                                   gross receipts of the eligible enti-
                                                                     16                                                   ty in 2019 by 12; and
                                                                     17                                                            (bb) the product obtained by
                                                                     18                                                   multiplying the average monthly
                                                                     19                                                   gross receipts of the eligible enti-
                                                                     20                                                   ty in 2020 by 12; or
                                                                     21                                                   (II) an amount based on a for-
                                                                     22                                          mula determined by the Adminis-
                                                                     23                                          trator; and
                                                                     24                                          (iii) if the eligible entity opened dur-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  ing the period beginning on January 1,


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00071   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            72
                                                                       1                                 2020 and ending on February 29, 2020,
                                                                       2                                 an amount based on a formula determined
                                                                       3                                 by the Administrator.
                                                                       4                                 (B) REDUCTION.—
                                                                       5                                         (i) IN GENERAL.—The pandemic-re-
                                                                       6                                 lated revenue losses for an eligible entity
                                                                       7                                 shall be reduced by—
                                                                       8                                                  (I) any amounts received from a
                                                                       9                                         covered loan made under paragraph
                                                                     10                                          (36) or (37) of section 7(a) of the
                                                                     11                                          Small           Business            Act         (15     U.S.C.
                                                                     12                                          636(a)) in 2020 or 2021; and
                                                                     13                                                   (II) the amount by which the
                                                                     14                                          total of all remunerative payments
                                                                     15                                          made to an individual, including any
                                                                     16                                          annual salary paid to an employee, in
                                                                     17                                          2020 exceeds $250,000.
                                                                     18                                          (ii) ADMINISTRATOR                          AUTHORITY.—

                                                                     19                                  The Administrator may determine the
                                                                     20                                  types of payments and individuals to which
                                                                     21                                  clause (i)(II) applies.
                                                                     22      SEC. 242. LIVE VENUE SERVICE AND SUPPORT BUSINESS

                                                                     23                              RELIEF FUND.

                                                                     24                (a) ESTABLISHMENT.—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00072   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            73
                                                                       1                        (1) IN GENERAL.—There is established within
                                                                       2               the Restaurant Revitalization Fund established
                                                                       3               under section 5003 of the American Rescue Plan
                                                                       4               Act of 2021 (15 U.S.C. 9009c) a fund to be known
                                                                       5               as the Live Venue Service and Support Business Re-
                                                                       6               lief Fund.
                                                                       7                        (2) USE OF FUNDS.—Subject to section 266,
                                                                       8               the Administrator may use amounts in the Fund
                                                                       9               only for the purposes described in this subtitle and
                                                                     10                not for any purpose described in section 5003 of the
                                                                     11                American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     12                9009c).
                                                                     13                (b) APPROPRIATIONS.—In addition to amounts other-
                                                                     14 wise available, there is appropriated to the Fund for fiscal
                                                                     15 year 2022, out of any money in the Treasury not otherwise
                                                                     16 appropriated, $2,000,000,000, to remain available until
                                                                     17 expended.
                                                                     18      SEC. 243. GRANTS FROM FUND.

                                                                     19                (a) IN GENERAL.—Except as provided in subsection
                                                                     20 (c)(3), the Administrator shall make covered grants to eli-
                                                                     21 gible entities in the order in which applications are re-
                                                                     22 ceived by the Administrator.
                                                                     23                (b) APPLICATIONS.—




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00073   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            74
                                                                       1                        (1) CERTIFICATION.—An eligible entity apply-
                                                                       2               ing for a covered grant shall make a good faith cer-
                                                                       3               tification that—
                                                                       4                                 (A) the uncertainty of current economic
                                                                       5                        conditions makes necessary the request for the
                                                                       6                        covered grant to support the ongoing operations
                                                                       7                        of the eligible entity;
                                                                       8                                 (B) the eligible entity does not have a
                                                                       9                        pending application for, and has not received, a
                                                                     10                         grant under—
                                                                     11                                          (i) section 324 of the Economic Aid to
                                                                     12                                  Hard-Hit Small Businesses, Nonprofits,
                                                                     13                                  and Venues Act (15 U.S.C. 9009a); or
                                                                     14                                          (ii) section 5003 of the American Res-
                                                                     15                                  cue Plan Act of 2021 (15 U.S.C. 9009c);
                                                                     16                                  and
                                                                     17                                  (C) contains any other information that
                                                                     18                         the Administrator may require.
                                                                     19                         (2) VERIFICATION MATERIALS.—Subject to sec-
                                                                     20                tion 241(6)(A)(i), the Administrator shall use tax
                                                                     21                records, and may, in addition, use other reliable
                                                                     22                sources such as certified accounting statements, with
                                                                     23                respect to an applicant for a covered grant to deter-
                                                                     24                mine—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00074   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            75
                                                                       1                                 (A) the eligibility of the applicant for that
                                                                       2                        covered grant; and
                                                                       3                                 (B) the amount of that covered grant to
                                                                       4                        the applicant.
                                                                       5                        (3) ACCEPTANCE OF APPLICATIONS.—Not later
                                                                       6               than 60 days after the date of enactment of this
                                                                       7               Act, the Administrator shall begin accepting applica-
                                                                       8               tions for covered grants.
                                                                       9               (c) AMOUNT OF GRANT.—
                                                                     10                         (1) AGGREGATE MAXIMUM AMOUNT.—The ag-
                                                                     11                gregate amount of covered grants made to an eligi-
                                                                     12                ble entity and any affiliated businesses of the eligible
                                                                     13                entity shall not exceed $2,000,000.
                                                                     14                         (2) DETERMINATION OF AMOUNT OF GRANT.—
                                                                     15                                  (A) IN GENERAL.—Except as provided in
                                                                     16                         this subsection, the amount of a covered grant
                                                                     17                         made to an eligible entity shall be equal to the
                                                                     18                         difference between—
                                                                     19                                          (i) the pandemic-related revenue loss
                                                                     20                                  of the eligible entity; and
                                                                     21                                          (ii)(I) the amount equal to the prod-
                                                                     22                                  uct obtained by multiplying 3 by the aver-
                                                                     23                                  age monthly gross receipts of the eligible
                                                                     24                                  entity in 2019; or



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00075   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            76
                                                                       1                                         (II) for an eligible entity that did not
                                                                       2                                 have gross receipts in 2019, because the el-
                                                                       3                                 igible entity began operating between Jan-
                                                                       4                                 uary 1, 2020 and February 29, 2020 or
                                                                       5                                 due to other factors identified by the Ad-
                                                                       6                                 ministrator, an alternative amount based
                                                                       7                                 on a formula to be determined by the Ad-
                                                                       8                                 ministrator.
                                                                       9                                 (B) LIMITATION.—An eligible entity may
                                                                     10                         not receive a covered grant in an amount that
                                                                     11                         is greater than—
                                                                     12                                          (i) the amount equal to the product
                                                                     13                                  obtained by multiplying 6 by the average
                                                                     14                                  monthly gross receipts of the eligible entity
                                                                     15                                  in 2019; or
                                                                     16                                          (ii) if the eligible entity was not in op-
                                                                     17                                  eration for the entirety of 2019, if the
                                                                     18                                  gross receipts of the eligible entity during
                                                                     19                                  2019 were reduced due to other factors
                                                                     20                                  identified by the Administrator, or if the
                                                                     21                                  eligible entity opened during the period be-
                                                                     22                                  ginning on January 1, 2020 and ending on
                                                                     23                                  February 29, 2020, an amount determined
                                                                     24                                  under a formula established by the Admin-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  istrator.


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00076   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            77
                                                                       1                                 (C) MINIMUM                    AMOUNT.—The                      Adminis-
                                                                       2                        trator may establish a minimum amount of a
                                                                       3                        covered grant in an amount that is not more
                                                                       4                        than $10,000.
                                                                       5                                 (D) RETURN TO SBA.—Any amount of a
                                                                       6                        covered grant to an eligible entity based on esti-
                                                                       7                        mated receipts that is greater than the actual
                                                                       8                        gross receipts of the eligible entity in 2020 shall
                                                                       9                        be returned to the Administrator, who may use
                                                                     10                         those returned funds to make additional cov-
                                                                     11                         ered grants.
                                                                     12                         (3) INSUFFICIENT FUNDING.—
                                                                     13                                  (A) IN GENERAL.—If the Administrator
                                                                     14                         determines that the amounts made available to
                                                                     15                         carry out this subtitle are insufficient to make
                                                                     16                         covered grants to each eligible entity in the
                                                                     17                         amount provided under paragraphs (1) and (2),
                                                                     18                         the Administrator shall—
                                                                     19                                          (i) make covered grants with the
                                                                     20                                  available amounts—
                                                                     21                                                   (I) such that the amount of the
                                                                     22                                          covered grant that each such eligible
                                                                     23                                          entity would have otherwise received
                                                                     24                                          under those paragraphs is reduced by



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          an equal percentage;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00077   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            78
                                                                       1                                                  (II) by establishing a maximum
                                                                       2                                         amount for a covered grant made
                                                                       3                                         under this clause to ensure that small-
                                                                       4                                         er eligible entities still receive covered
                                                                       5                                         grants in the amounts provided under
                                                                       6                                         those paragraphs; or
                                                                       7                                                  (III) by providing covered grants
                                                                       8                                         in the amounts provided under those
                                                                       9                                         paragraphs below a certain threshold
                                                                     10                                          (as the Administrator may establish)
                                                                     11                                          and reducing covered grants above
                                                                     12                                          that threshold by an equal percentage;
                                                                     13                                          and
                                                                     14                                          (ii) in a manner that complies with
                                                                     15                                  clause (i), make covered grants to each eli-
                                                                     16                                  gible entity that submits an application for
                                                                     17                                  a covered grant during the 21-day period
                                                                     18                                  beginning on the date on which the Admin-
                                                                     19                                  istrator begins accepting those applica-
                                                                     20                                  tions.
                                                                     21                                  (B) RESERVING FUNDS.—Nothing in sub-
                                                                     22                         paragraph (A) shall prevent the Administrator
                                                                     23                         from—




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00078   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            79
                                                                       1                                         (i) reserving funding for applicants
                                                                       2                                 that may be determined to be eligible for
                                                                       3                                 a covered grant upon reconsideration; or
                                                                       4                                         (ii) making partial awards to eligible
                                                                       5                                 entities on a preliminary basis until the
                                                                       6                                 amount of funding required to fund cov-
                                                                       7                                 ered grants to all eligible entities that sub-
                                                                       8                                 mit applications is established, upon the
                                                                       9                                 completion of the reconsideration process.
                                                                     10                (d) USE OF FUNDS.—During the covered period, an
                                                                     11 eligible entity that receives a covered grant may use
                                                                     12 amounts received under the covered grant for the following
                                                                     13 expenses incurred as a direct result of, or during, the
                                                                     14 COVID–19 pandemic:
                                                                     15                         (1) Payroll costs.
                                                                     16                         (2) Payments to independent contractors, as re-
                                                                     17                ported on Form 1099-MISC, except that each pay-
                                                                     18                ment under this paragraph shall be in an amount
                                                                     19                that is not more than $100,000.
                                                                     20                         (3) Scheduled payments of interest or principal
                                                                     21                on any covered mortgage obligation (which may not
                                                                     22                include any prepayment of principal on a covered
                                                                     23                mortgage obligation).




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00079   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            80
                                                                       1                        (4) Payments on any covered rent obligation
                                                                       2               and common area maintenance charges under a
                                                                       3               lease agreement.
                                                                       4                        (5) Covered utility payments.
                                                                       5                        (6) Maintenance expenses.
                                                                       6                        (7) Covered worker protection expenditures.
                                                                       7                        (8) Supplies, including protective equipment
                                                                       8               and cleaning materials.
                                                                       9                        (9) Expenses that were within the scope of the
                                                                     10                normal business practice of the eligible entity before
                                                                     11                the covered period.
                                                                     12                         (10) Covered supplier costs.
                                                                     13                         (11) Operational expenses.
                                                                     14                         (12) Paid sick leave.
                                                                     15                         (13) Any other expenses that the Administrator
                                                                     16                determines to be essential to maintaining the eligible
                                                                     17                entity.
                                                                     18                (e) RETURNING FUNDS.—If an eligible entity that re-
                                                                     19 ceives a covered grant fails to use all of the amounts re-
                                                                     20 ceived under the covered grant on or before the last day
                                                                     21 of the covered period or permanently ceases operations on
                                                                     22 or before the last day of the covered period, the eligible
                                                                     23 entity shall return to the Treasury any funds that the eli-
                                                                     24 gible entity did not use for the allowable expenses under



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 subsection (d).


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00080   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            81
                                                                       1           Subtitle E—Support for Exclave
                                                                       2            Community Small Businesses
                                                                       3     SEC. 251. DEFINITIONS.

                                                                       4               In this subtitle:
                                                                       5                        (1) AFFILIATED BUSINESS.—
                                                                       6                                 (A) IN          GENERAL.—The                    term ‘‘affiliated
                                                                       7                        business’’ means a business in which an eligible
                                                                       8                        entity has an equity or right to profit distribu-
                                                                       9                        tions of not less than 50 percent, or in which
                                                                     10                         an eligible entity has the contractual authority
                                                                     11                         to control the direction of the business, pro-
                                                                     12                         vided that such affiliation shall be determined
                                                                     13                         as of any arrangements or agreements in exist-
                                                                     14                         ence as of February 29, 2020.
                                                                     15                                  (B) REGULATIONS.—For purposes of eligi-
                                                                     16                         bility for covered grants—
                                                                     17                                          (i) the provisions applicable to affili-
                                                                     18                                  ations under section 121.301 of title 13,
                                                                     19                                  Code of Federal Regulations, or any suc-
                                                                     20                                  cessor regulation, are waived for any busi-
                                                                     21                                  ness concern operating as a franchise that
                                                                     22                                  is assigned a franchise identifier code by
                                                                     23                                  the Administration; and
                                                                     24                                          (ii) the exceptions to affiliation noted



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  in section 121.103(b) of title 13, Code of


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00081   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            82
                                                                       1                                 Federal Regulations, or any successor reg-
                                                                       2                                 ulation, shall apply to an affiliated busi-
                                                                       3                                 ness.
                                                                       4                        (2) COVERED                     GRANT.—The                 term ‘‘covered
                                                                       5               grant’’ means a grant under section 253 made to an
                                                                       6               eligible entity
                                                                       7                        (3) COVERED PERIOD.—The term ‘‘covered pe-
                                                                       8               riod’’ means the period—
                                                                       9                                 (A) beginning on March 1, 2020; and
                                                                     10                                  (B) ending on March 31, 2023, or a date
                                                                     11                         to be determined by the Administrator that is
                                                                     12                         not later than 2 years after the date of enact-
                                                                     13                         ment of this Act.
                                                                     14                         (4) EXCLAVE.—The term ‘‘exclave’’ means an
                                                                     15                area that is—
                                                                     16                                  (A) located in the United States;
                                                                     17                                  (B) within 75 miles of the international
                                                                     18                         border between the United States and Canada;
                                                                     19                         and
                                                                     20                                  (C) only accessible by land via Canada.
                                                                     21                         (5) ELIGIBLE ENTITY.—The term ‘‘eligible enti-
                                                                     22                ty’’—
                                                                     23                                  (A) means a small business concern (as de-
                                                                     24                         fined in section 3 of the Small Business Act (15



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         U.S.C. 632)) that—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00082   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            83
                                                                       1                                         (i) is located in an exclave; and
                                                                       2                                         (ii) certifies, and, if requested by the
                                                                       3                                 Administrator, demonstrates, that the clo-
                                                                       4                                 sure of the international border between
                                                                       5                                 the United States and Canada—
                                                                       6                                                  (I) directly resulted in a reduc-
                                                                       7                                         tion in the gross receipts of the eligi-
                                                                       8                                         ble entity; or
                                                                       9                                                  (II) restricted the ability of cus-
                                                                     10                                          tomers to access the location of the
                                                                     11                                          small business concern; and
                                                                     12                                  (B) does not include—
                                                                     13                                          (i) an entity with pandemic-related
                                                                     14                                  revenue losses that are not greater than 25
                                                                     15                                  percent;
                                                                     16                                          (ii) an entity described in subpara-
                                                                     17                                  graph (A) that—
                                                                     18                                                   (I) is a State or local govern-
                                                                     19                                          ment-operated business;
                                                                     20                                                   (II) as of March 1, 2020, owns
                                                                     21                                          or operates (together with any affili-
                                                                     22                                          ated business) more than 10 locations,
                                                                     23                                          regardless of whether those locations
                                                                     24                                          do business under the same or mul-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                          tiple names; or


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00083   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            84
                                                                       1                                                  (III) has a pending application
                                                                       2                                         for or has received a grant under—
                                                                       3                                                           (aa) section 324 of the Eco-
                                                                       4                                                  nomic Aid to Hard Hit Small
                                                                       5                                                  Businesses,                 Nonprofits,        and
                                                                       6                                                  Venues Act (15 U.S.C. 9009a);
                                                                       7                                                  or
                                                                       8                                                           (bb) section 5003 of the
                                                                       9                                                  American Rescue Plan Act of
                                                                     10                                                   2021 (15 U.S.C. 9009c);
                                                                     11                                          (iii) a publicly-traded company;
                                                                     12                                          (iv) an entity that is owned or oper-
                                                                     13                                  ated by a private equity fund;
                                                                     14                                          (v) an entity that was not in operation
                                                                     15                                  before March 1, 2020; or
                                                                     16                                          (vi) an entity that is not in operation
                                                                     17                                  on, and does not intend to reopen on or be-
                                                                     18                                  fore the date that is 180 days after, the
                                                                     19                                  date on which the entity applies for a cov-
                                                                     20                                  ered grant.
                                                                     21                         (6) FUND.—The term ‘‘Fund’’ means the
                                                                     22                Exclave Community Small Business Relief Fund es-
                                                                     23                tablished under section 252(a)(1).
                                                                     24                         (7) PANDEMIC-RELATED REVENUE LOSS.—



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00084   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            85
                                                                       1                                 (A) IN          GENERAL.—Subject                        to subpara-
                                                                       2                        graph (B), the term ‘‘pandemic-related revenue
                                                                       3                        loss’’ means, with respect to an eligible entity—
                                                                       4                                         (i) except as provided in clauses (ii)
                                                                       5                                 and (iii), the gross receipts, as established
                                                                       6                                 using such verification documentation as
                                                                       7                                 the Administrator may require, of the eligi-
                                                                       8                                 ble entity during 2020 subtracted from the
                                                                       9                                 gross receipts of the eligible entity in 2019,
                                                                     10                                  if such amount is greater than zero, except
                                                                     11                                  that the Administrator may make adjust-
                                                                     12                                  ments to this formula as needed for sea-
                                                                     13                                  sonal businesses, businesses affected by
                                                                     14                                  natural disasters, and to address other cir-
                                                                     15                                  cumstances identified by the Administrator
                                                                     16                                  requiring accommodation;
                                                                     17                                          (ii) if the eligible entity was not in op-
                                                                     18                                  eration for the entirety of 2019—
                                                                     19                                                   (I) the difference, if greater than
                                                                     20                                          zero, between—
                                                                     21                                                            (aa) the product obtained by
                                                                     22                                                   multiplying the average monthly
                                                                     23                                                   gross receipts of the eligible enti-
                                                                     24                                                   ty in 2019 by 12; and



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00085   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            86
                                                                       1                                                           (bb) the product obtained by
                                                                       2                                                  multiplying the average monthly
                                                                       3                                                  gross receipts of the eligible enti-
                                                                       4                                                  ty in 2020 by 12; or
                                                                       5                                                  (II) an amount based on a for-
                                                                       6                                         mula determined by the Adminis-
                                                                       7                                         trator; and
                                                                       8                                         (iii) if the eligible entity opened dur-
                                                                       9                                 ing the period beginning on January 1,
                                                                     10                                  2020, and ending on February 29, 2020,
                                                                     11                                  an amount based on a formula determined
                                                                     12                                  by the Administrator.
                                                                     13                                  (B) REDUCTION.—
                                                                     14                                          (i) IN GENERAL.—The pandemic-re-
                                                                     15                                  lated revenue losses for an eligible entity
                                                                     16                                  shall be reduced by—
                                                                     17                                                   (I) any amounts received from a
                                                                     18                                          covered loan made under paragraph
                                                                     19                                          (36) or (37) of section 7(a) of the
                                                                     20                                          Small           Business            Act         (15     U.S.C.
                                                                     21                                          636(a)) in 2020 or 2021; and
                                                                     22                                                   (II) the amount by which the
                                                                     23                                          total of all remunerative payments
                                                                     24                                          made to an individual, including any



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00086   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            87
                                                                       1                                         annual salary paid to an employee, in
                                                                       2                                         2020 exceeds $250,000.
                                                                       3                                         (ii) ADMINISTRATOR                          AUTHORITY.—

                                                                       4                                 The Administrator may determine the
                                                                       5                                 types of payments and individuals to which
                                                                       6                                 clause (i)(II) applies.
                                                                       7     SEC. 252. EXCLAVE COMMUNITY SMALL BUSINESS RELIEF

                                                                       8                             FUND.

                                                                       9               (a) ESTABLISHMENT.—
                                                                     10                         (1) IN GENERAL.—There is established within
                                                                     11                the Restaurant Revitalization Fund established
                                                                     12                under section 5003 of the American Rescue Plan
                                                                     13                Act of 2021 (15 U.S.C. 9009c) a fund to be known
                                                                     14                as the Exclave Community Small Business Relief
                                                                     15                Fund.
                                                                     16                         (2) USE OF FUNDS.—Subject to section 266,
                                                                     17                the Administrator may use amounts in the Fund
                                                                     18                only for the purposes described in this subtitle and
                                                                     19                not for any purpose described in section 5003 of the
                                                                     20                American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     21                9009c).
                                                                     22                (b) APPROPRIATIONS.—In addition to amounts other-
                                                                     23 wise available, there is appropriated to the Fund for fiscal
                                                                     24 year 2022, out of any money in the Treasury not otherwise



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 appropriated, $85,000,000, to remain available until ex-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00087   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            88
                                                                       1 pended, of which $75,000,000 shall be available for eligi-
                                                                       2 ble entities located in exclaves adjacent to the border be-
                                                                       3 tween Alaska and Canada and $10,000,000 shall be avail-
                                                                       4 able to exclaves adjacent to the border between the conti-
                                                                       5 nental United States and Canada.
                                                                       6     SEC. 253. GRANTS FROM FUND.

                                                                       7               (a) IN GENERAL.—Except as provided in subsection
                                                                       8 (c)(3)(B), the Administrator shall make covered grants to
                                                                       9 eligible entities in the order in which applications are re-
                                                                     10 ceived by the Administrator.
                                                                     11                (b) APPLICATIONS.—
                                                                     12                         (1) CERTIFICATION.—An eligible entity apply-
                                                                     13                ing for a covered grant shall make a good faith cer-
                                                                     14                tification that—
                                                                     15                                  (A) the uncertainty of current economic
                                                                     16                         conditions makes necessary the request for the
                                                                     17                         covered grant to support the ongoing operations
                                                                     18                         of the eligible entity;
                                                                     19                                  (B) closure of the international border be-
                                                                     20                         tween the United States and Canada—
                                                                     21                                          (i) directly resulted in a reduction in
                                                                     22                                  the gross receipts of the eligible entity; or
                                                                     23                                          (ii) restricted the ability of customers
                                                                     24                                  to access the location of the covered busi-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                                  ness;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00088   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            89
                                                                       1                                 (C) the eligible entity does not have a
                                                                       2                        pending application for, and has not received, a
                                                                       3                        grant under—
                                                                       4                                         (i) section 324 of the Economic Aid to
                                                                       5                                 Hard-Hit Small Businesses, Nonprofits,
                                                                       6                                 and Venues Act (15 U.S.C. 9009a); or
                                                                       7                                         (ii) section 5003 of the American Res-
                                                                       8                                 cue Plan Act of 2021 (15 U.S.C. 9009c);
                                                                       9                                 and
                                                                     10                                  (D) contains any other information that
                                                                     11                         the Administrator may require.
                                                                     12                         (2) VERIFICATION MATERIALS.—Subject to sec-
                                                                     13                tion 251(7)(A)(i), the Administrator shall use tax
                                                                     14                records, and may, in addition, use other reliable
                                                                     15                sources such as certified accounting statements, with
                                                                     16                respect to an applicant for a covered grant to deter-
                                                                     17                mine—
                                                                     18                                  (A) the eligibility of the applicant for that
                                                                     19                         covered grant; and
                                                                     20                                  (B) the amount of that covered grant to
                                                                     21                         the applicant.
                                                                     22                         (3) ACCEPTANCE OF APPLICATIONS.—Not later
                                                                     23                than 60 days after the date of enactment of this
                                                                     24                Act, the Administrator shall begin accepting applica-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                tions for covered grants.


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00089   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            90
                                                                       1               (c) AMOUNT OF GRANT.—
                                                                       2                        (1) AGGREGATE MAXIMUM AMOUNT.—The ag-
                                                                       3               gregate amount of covered grants made to an eligi-
                                                                       4               ble entity and any affiliated businesses of the eligible
                                                                       5               entity shall not exceed $3,000,000.
                                                                       6                        (2) DETERMINATION OF AMOUNT OF GRANT.—
                                                                       7                                 (A) IN GENERAL.—Except as provided in
                                                                       8                        section 252(b) and in this subsection, the
                                                                       9                        amount of a covered grant made to an eligible
                                                                     10                         entity shall be equal to the difference between—
                                                                     11                                          (i) the pandemic-related revenue loss
                                                                     12                                  of the eligible entity; and
                                                                     13                                          (ii)(I) the amount equal to the prod-
                                                                     14                                  uct obtained by multiplying 3 by the aver-
                                                                     15                                  age monthly gross receipts of the eligible
                                                                     16                                  entity in 2019; or
                                                                     17                                          (II) for an eligible entity that did not
                                                                     18                                  have gross receipts in 2019, because the el-
                                                                     19                                  igible entity began operating between Jan-
                                                                     20                                  uary 1, 2020 and February 29, 2020 or
                                                                     21                                  due to other factors identified by the Ad-
                                                                     22                                  ministrator, an alternative amount based
                                                                     23                                  on a formula to be determined by the Ad-
                                                                     24                                  ministrator.



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00090   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            91
                                                                       1                                 (B) MINIMUM                    AMOUNT.—The                      Adminis-
                                                                       2                        trator may establish a minimum amount of a
                                                                       3                        covered grant in an amount that is not more
                                                                       4                        than $10,000.
                                                                       5                                 (C) RETURN TO SBA.—Any amount of a
                                                                       6                        covered grant to an eligible entity based on esti-
                                                                       7                        mated receipts that is greater than the actual
                                                                       8                        gross receipts of the eligible entity in 2020 shall
                                                                       9                        be returned to the Administrator, who may use
                                                                     10                         those returned funds to make additional cov-
                                                                     11                         ered grants.
                                                                     12                         (3) INSUFFICIENT FUNDING.—
                                                                     13                                  (A) IN GENERAL.—If the Administrator
                                                                     14                         determines that the amounts made available to
                                                                     15                         carry out this subtitle are insufficient to make
                                                                     16                         covered grants to each eligible entity in the
                                                                     17                         amount provided under paragraphs (1) and (2)
                                                                     18                         and in accordance with the allocations under
                                                                     19                         section 252(b), the Administrator shall—
                                                                     20                                          (i) make covered grants with the
                                                                     21                                  available amounts—
                                                                     22                                                   (I) such that the amount of the
                                                                     23                                          covered grant that each such eligible
                                                                     24                                          entity would have otherwise received



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00091   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            92
                                                                       1                                         under those paragraphs is reduced by
                                                                       2                                         an equal percentage;
                                                                       3                                                  (II) by establishing a maximum
                                                                       4                                         amount for a covered grant made
                                                                       5                                         under this clause to ensure that small-
                                                                       6                                         er eligible entities still receive covered
                                                                       7                                         grants in the amounts provided under
                                                                       8                                         those paragraphs; or
                                                                       9                                                  (III) by providing covered grants
                                                                     10                                          in the amounts provided under those
                                                                     11                                          paragraphs below a certain threshold
                                                                     12                                          (as the Administrator may establish)
                                                                     13                                          and reducing covered grants above
                                                                     14                                          that threshold by an equal percentage;
                                                                     15                                          and
                                                                     16                                          (ii) in a manner that complies with
                                                                     17                                  clause (i), make covered grants to each eli-
                                                                     18                                  gible entity that submits an application for
                                                                     19                                  a covered grant during the 21-day period
                                                                     20                                  beginning on the date on which the Admin-
                                                                     21                                  istrator begins accepting those applica-
                                                                     22                                  tions.
                                                                     23                                  (B) RESERVING FUNDS.—Nothing in sub-
                                                                     24                         paragraph (A) shall prevent the Administrator



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         from—


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00092   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            93
                                                                       1                                         (i) reserving funding for applicants
                                                                       2                                 that may be determined to be eligible for
                                                                       3                                 a covered grant upon reconsideration; or
                                                                       4                                         (ii) making partial awards to eligible
                                                                       5                                 entities on a preliminary basis until the
                                                                       6                                 amount of funding required to fund cov-
                                                                       7                                 ered grants to all eligible entities that sub-
                                                                       8                                 mit applications is established, upon the
                                                                       9                                 completion of the reconsideration process.
                                                                     10                (d) USE OF FUNDS.—
                                                                     11                         (1) PERMITTED USES.—During the covered pe-
                                                                     12                riod, an eligible entity that receives a covered grant
                                                                     13                may use amounts received under the covered grant
                                                                     14                for the following expenses incurred as a direct result
                                                                     15                of, or during, the COVID–19 pandemic:
                                                                     16                                  (A) Payroll costs.
                                                                     17                                  (B) Payments to independent contractors,
                                                                     18                         as reported on Form 1099-MISC, except that
                                                                     19                         each payment under this subparagraph shall be
                                                                     20                         in an amount that is not more than $100,000.
                                                                     21                                  (C) Scheduled payments of interest or
                                                                     22                         principal on any covered mortgage obligation
                                                                     23                         (which may not include any prepayment of
                                                                     24                         principal on a covered mortgage obligation).



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00093   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            94
                                                                       1                                 (D) Payments on any covered rent obliga-
                                                                       2                        tion and common area maintenance charges
                                                                       3                        under a lease agreement.
                                                                       4                                 (E) Covered utility payments.
                                                                       5                                 (F) Maintenance expenses.
                                                                       6                                 (G) Covered worker protection expendi-
                                                                       7                        tures.
                                                                       8                                 (H) Supplies, including protective equip-
                                                                       9                        ment and cleaning materials.
                                                                     10                                  (I) Expenses that were within the scope of
                                                                     11                         the normal business practice of the eligible enti-
                                                                     12                         ty before the covered period.
                                                                     13                                  (J) Covered supplier costs.
                                                                     14                                  (K) Operational expenses.
                                                                     15                                  (L) Paid sick leave.
                                                                     16                                  (M) Any other expenses that the Adminis-
                                                                     17                         trator determines to be essential to maintaining
                                                                     18                         the eligible entity.
                                                                     19                         (2) PROHIBITED USES.—An eligible entity may
                                                                     20                not use amounts received under a covered grant for
                                                                     21                expenses incurred by the eligible entity outside the
                                                                     22                exclave, including those expenses incurred by related
                                                                     23                or affiliated businesses located outside the exclave.
                                                                     24                (e) RETURNING FUNDS.—If an eligible entity that re-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 ceives a covered grant fails to use all of the amounts re-


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00094   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            95
                                                                       1 ceived under the covered grant on or before the last day
                                                                       2 of the covered period or permanently ceases operations on
                                                                       3 or before the last day of the covered period, the eligible
                                                                       4 entity shall return to the Treasury any funds that the eli-
                                                                       5 gible entity did not use for the allowable expenses under
                                                                       6 subsection (d).
                                                                       7 Subtitle F—Administration and Im-
                                                                       8   plementation of Support Pro-
                                                                       9   grams
                                                                     10      SEC. 261 DEFINITION.

                                                                     11                In this subtitle, the term ‘‘covered program’’ means
                                                                     12 a program for which grants are authorized under this title.
                                                                     13      SEC. 262. DATA TRANSPARENCY AND CUSTOMER SERVICE.

                                                                     14                The Administrator shall—
                                                                     15                         (1) in carrying out each covered program,
                                                                     16                maintain regular communication during the period
                                                                     17                during which the covered program is in effect with
                                                                     18                applicants and their representatives, including by—
                                                                     19                                  (A) hosting regularly scheduled informa-
                                                                     20                         tion sessions with applicants and their rep-
                                                                     21                         resentatives; and
                                                                     22                                  (B) providing opportunities to applicants
                                                                     23                         and their representatives to submit and receive
                                                                     24                         answers to questions regarding covered pro-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         grams;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00095   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            96
                                                                       1                        (2) for each covered program, on a bi-weekly
                                                                       2               basis until the amounts made available under this
                                                                       3               title for the covered program are fully expended,
                                                                       4               publish data that shows, for the period beginning on
                                                                       5               the date of enactment of this Act and ending on the
                                                                       6               date on which the information is published—
                                                                       7                                 (A) with respect to applications for grants
                                                                       8                        under each covered program, the number of
                                                                       9                        those applications—
                                                                     10                                          (i) that the Administrator has re-
                                                                     11                                  ceived;
                                                                     12                                          (ii) that the Administrator has re-
                                                                     13                                  viewed or is in the process of reviewing;
                                                                     14                                  and
                                                                     15                                          (iii) with respect to which the Admin-
                                                                     16                                  istrator has made a decision; and
                                                                     17                                  (B) the number and dollar amount of
                                                                     18                         grants under each covered program—
                                                                     19                                          (i) that are awarded; and
                                                                     20                                          (ii) that are disbursed;
                                                                     21                         (3) for each covered program, on a weekly basis
                                                                     22                until the amounts made available under this title to
                                                                     23                carry out the covered program are fully expended,
                                                                     24                publish, with respect to the period beginning on the



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00096   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            97
                                                                       1               date of enactment of this Act and ending on the
                                                                       2               date on which the information is published—
                                                                       3                                 (A) with respect to each entity to which a
                                                                       4                        grant has been made under the covered pro-
                                                                       5                        gram—
                                                                       6                                         (i) the name of the entity, including
                                                                       7                                 the name under which the entity does busi-
                                                                       8                                 ness if that name is different from the
                                                                       9                                 name of the entity;
                                                                     10                                          (ii) the address of the entity; and
                                                                     11                                          (iii) if the physical location for the eli-
                                                                     12                                  gible business listed on the application is
                                                                     13                                  different from the address of the entity,
                                                                     14                                  the address of such physical location; and
                                                                     15                                  (B) the amount of each grant described in
                                                                     16                         subparagraph (A); and
                                                                     17                         (4) with respect to an applicant that applies for
                                                                     18                a grant under a covered program and is denied by
                                                                     19                the Administrator—
                                                                     20                                  (A) make available to the applicant a brief
                                                                     21                         explanation identifying the reason why the Ad-
                                                                     22                         ministrator denied the application of the appli-
                                                                     23                         cant, which shall include, where applicable, a ci-
                                                                     24                         tation to the statutory, regulatory, or guidance



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         provision with which the applicant failed to


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00097   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            98
                                                                       1                        comply and that was the basis for the denial;
                                                                       2                        and
                                                                       3                                 (B) establish a reconsideration process
                                                                       4                        through which the applicant may—
                                                                       5                                         (i) submit to the Administrator addi-
                                                                       6                                 tional clarifying information the applicant
                                                                       7                                 determines to be relevant to whether the
                                                                       8                                 applicant is eligible for the grant;
                                                                       9                                         (ii) challenge the decision of the Ad-
                                                                     10                                  ministrator; and
                                                                     11                                          (iii) receive a second review of the ap-
                                                                     12                                  plication submitted by the applicant.
                                                                     13      SEC. 263. BUSINESS IDENTIFIERS.

                                                                     14                In accepting applications for grants under a covered
                                                                     15 program, the Administrator shall prioritize the ability of
                                                                     16 each applicant to use the existing business identifier of
                                                                     17 the applicant over requiring other forms of registration or
                                                                     18 identification that may not be common to the industry of
                                                                     19 the applicant, which may impose additional burdens on the
                                                                     20 applicant.
                                                                     21      SEC. 264. APPLICATIONS.

                                                                     22                (a) EXPEDITED PROCESSING AND APPROVAL AU-
                                                                     23      THORITY.—

                                                                     24                         (1) IN GENERAL.—The Director of the Office of



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                Management and Budget may, on an emergency


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00098   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                            99
                                                                       1               basis, and in order to expedite the processing and
                                                                       2               approval of applications for grants under a covered
                                                                       3               program, waive the requirements of part 200 of title
                                                                       4               2, Code of Federal Regulations, or any successor
                                                                       5               regulations, with respect to the covered program if—
                                                                       6                                 (A) the Director finds that such a waiver
                                                                       7                        will prevent entities eligible for grants under
                                                                       8                        the covered program from failing or suffering
                                                                       9                        undue hardship; and
                                                                     10                                  (B) each entity that receives a grant under
                                                                     11                         the covered program is still required to report
                                                                     12                         to the Administrator on the use by the entity
                                                                     13                         of the amounts received under the grant.
                                                                     14                         (2) CONTINUITY.—To the extent practicable,
                                                                     15                the Director of the Office of Management and Budg-
                                                                     16                et shall prioritize administrative continuity for cov-
                                                                     17                ered programs with the Restaurant Revitalization
                                                                     18                Fund authorized in section 5003 of the American
                                                                     19                Rescue Plan Act of 2021 (15 U.S.C. 9009c).
                                                                     20                (b) LIMITATION ON DENIAL BASED ON DENIAL FOR
                                                                     21 OTHER SBA PROGRAMS.—The Administrator may not
                                                                     22 deny an application by an entity for a grant under a cov-
                                                                     23 ered program solely on the basis that an application by
                                                                     24 the entity for another program of the Small Business Ad-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 ministration, including the program under section 5003


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00099   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           100
                                                                       1 of the American Rescue Plan Act of 2021 (15 U.S.C.
                                                                       2 9009c), was denied.
                                                                       3     SEC. 265. PROHIBITION ON PARTICIPATION IN MULTIPLE

                                                                       4                             PROGRAMS.

                                                                       5               (a) IN GENERAL.—An entity may not receive a grant
                                                                       6 under more than 1 covered program or receive a grant
                                                                       7 under a covered program and a grant under title IV.
                                                                       8               (b) WITHDRAWAL OF PENDING APPLICATIONS.—
                                                                       9                        (1) DEFINITION.—In this subsection, the term
                                                                     10                ‘‘covered application’’ means an application for a
                                                                     11                grant under—
                                                                     12                                  (A) a covered program;
                                                                     13                                  (B) the program under section 5003 of the
                                                                     14                         American Rescue Plan Act of 2021 (15 U.S.C.
                                                                     15                         9009c); or
                                                                     16                                  (C) the program under section 324 of the
                                                                     17                         Economic Aid to Hard Hit Small Businesses,
                                                                     18                         Nonprofits, and Venues Act (15 U.S.C. 9009a).
                                                                     19                         (2) WITHDRAWAL.—An entity that has a pend-
                                                                     20                ing covered application may submit a covered appli-
                                                                     21                cation with respect to another program if, at or be-
                                                                     22                fore the time that the entity submits the covered ap-
                                                                     23                plication with respect to another program, the entity
                                                                     24                withdraws the pending covered application.



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00100   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           101
                                                                       1     SEC. 266. TRANSFER OF FUNDS.

                                                                       2               (a) AUTHORITY.—
                                                                       3                        (1) IN GENERAL.—Subject to paragraph (2), on
                                                                       4               and after the date that is 30 days after the date on
                                                                       5               which the Administrator begins accepting applica-
                                                                       6               tions under a covered program, the Administrator
                                                                       7               may transfer amounts made available under this
                                                                       8               title for that covered program to the fund estab-
                                                                       9               lished under this title for another covered program.
                                                                     10                         (2) LIMITATION.—The Administrator may not
                                                                     11                transfer amounts made available under this title for
                                                                     12                a covered program if the Administrator determines
                                                                     13                that the amounts made available to carry out that
                                                                     14                covered program are insufficient to make grants to
                                                                     15                each eligible entity in the amount specified with re-
                                                                     16                spect to that covered program.
                                                                     17                (b) USE OF TRANSFERRED FUNDS.—Any amounts
                                                                     18 transferred under subsection (a) shall be merged with, and
                                                                     19 available for the same purposes as, other amounts in the
                                                                     20 fund to which the amounts are transferred.
                                                                     21      SEC. 267. OVERSIGHT AND AUDITS.

                                                                     22                (a) IN GENERAL.—The Administrator shall institute
                                                                     23 an oversight and audit plan with respect to entities receiv-
                                                                     24 ing grants under a covered program, which shall include—




pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         (1) documentation requirements that are con-
                                                                     26                sistent with the eligibility and other requirements
                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00101   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           102
                                                                       1               under the applicable covered program, including by
                                                                       2               requiring an entity that receives a grant under the
                                                                       3               covered program to retain records that demonstrate
                                                                       4               compliance with those requirements; and
                                                                       5                        (2) reviews of the use by entities of grants
                                                                       6               made under the applicable covered program to en-
                                                                       7               sure compliance with the requirements under that
                                                                       8               covered program, which shall include—
                                                                       9                                 (A) the review and audit, by the Adminis-
                                                                     10                         trator, of grants made under that covered pro-
                                                                     11                         gram; and
                                                                     12                                  (B) in the case of fraud or other material
                                                                     13                         noncompliance with respect to a grant made
                                                                     14                         under that covered program—
                                                                     15                                          (i) a requirement that the applicable
                                                                     16                                  entity repay to the Administrator the
                                                                     17                                  amount of the misspent funds; or
                                                                     18                                          (ii) the pursuit, by the Administrator,
                                                                     19                                  of legal action to collect the misspent
                                                                     20                                  funds.
                                                                     21                (b) SUBMISSION OF PLAN.—Not later than 45 days
                                                                     22 after the date of enactment of this Act, the Administrator
                                                                     23 shall submit to the Committee on Small Business and En-
                                                                     24 trepreneurship of the Senate and the Committee on Small



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00102   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           103
                                                                       1 Business of the House of Representatives the plan re-
                                                                       2 quired under subsection (a), which shall describe—
                                                                       3                        (1) the policies and procedures of the Adminis-
                                                                       4               trator for conducting oversight and audits of grants
                                                                       5               made under the covered programs; and
                                                                       6                        (2) the metrics that the Administrator will use
                                                                       7               to determine which grants made under a covered
                                                                       8               program will be audited under that plan.
                                                                       9               (c) REPORTS.—Not later than 60 days after the date
                                                                     10 of enactment of this Act, once every 30 days thereafter
                                                                     11 until the date that is 180 days after the date on which
                                                                     12 all amounts made available to carry out covered programs
                                                                     13 have been fully expended, and upon request thereafter, the
                                                                     14 Administrator shall submit to the Committee on Small
                                                                     15 Business and Entrepreneurship of the Senate and the
                                                                     16 Committee on Small Business of the House of Representa-
                                                                     17 tives a report on the oversight and audit activities of the
                                                                     18 Administrator under this section, which shall include—
                                                                     19                         (1) the total number of grants approved and
                                                                     20                disbursed under each covered program;
                                                                     21                         (2) the total amount of each grant under each
                                                                     22                covered program received by each entity that re-
                                                                     23                ceived such a payment;
                                                                     24                         (3) the number of active investigations and au-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                dits of grants made under each covered program;


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00103   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           104
                                                                       1                        (4) the number of completed reviews and audits
                                                                       2               of grants made under each covered program, includ-
                                                                       3               ing a description of—
                                                                       4                                 (A) any findings of fraud or other material
                                                                       5                        noncompliance with the requirements of the ap-
                                                                       6                        plicable covered program;
                                                                       7                                 (B) questionable costs identified by the
                                                                       8                        Administrator; and
                                                                       9                                 (C) the total amount recouped from ineli-
                                                                     10                         gible recipients; and
                                                                     11                         (5) a description of any substantial changes
                                                                     12                made to the plan required under subsection (a).
                                                                     13      SEC. 268. ADMINISTRATIVE FUNDING.

                                                                     14                In addition to amounts otherwise available, there is
                                                                     15 appropriated to the Administrator for fiscal year 2022,
                                                                     16 out of any money in the Treasury not otherwise appro-
                                                                     17 priated, to remain available until expended, $150,000,000
                                                                     18 for administrative expenses to carry out the covered pro-
                                                                     19 grams, of which, $20,000,000 shall be for the Inspector
                                                                     20 General of the Small Business Administration for nec-
                                                                     21 essary expenses of the Office of Inspector General.
                                                                     22      SEC. 269. GROSS RECEIPTS.

                                                                     23                For each covered program, the Administrator may
                                                                     24 authorize applicants for grants under the covered program



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00104   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           105
                                                                       1 to measure annual gross receipts using either the calendar
                                                                       2 year or fiscal year.
                                                                       3     SEC. 270. RULES.

                                                                       4               Not later than 60 days after the date of enactment
                                                                       5 of this Act, the Administrator shall issue rules to carry
                                                                       6 out each covered program, without regard to the notice
                                                                       7 requirements under section 553(b) of title 5, United
                                                                       8 States Code.
                                                                       9                 TITLE III—OTHER SBA
                                                                     10                PROGRAM IMPROVEMENTS
                                                                     11      SEC. 301. SHUTTERED VENUE OPERATORS.

                                                                     12                (a) IN GENERAL.—Section 324(d) of title III of divi-
                                                                     13 sion N of the Consolidated Appropriations Act, 2021 (15
                                                                     14 U.S.C. 9009a(d)) is amended by striking paragraph (1)
                                                                     15 and inserting the following:
                                                                     16                         ‘‘(1) TIMING.—
                                                                     17                                  ‘‘(A) EXPENSES INCURRED.—Amounts re-
                                                                     18                         ceived under a grant under this section may be
                                                                     19                         used for costs incurred during the period begin-
                                                                     20                         ning on March 1, 2020, and ending on March
                                                                     21                         11, 2023.
                                                                     22                                  ‘‘(B) EXPENDITURE.—An eligible person
                                                                     23                         or entity shall return to the Administrator any
                                                                     24                         amounts received under a grant under this sec-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                         tion that are not expended on or before April


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00105   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           106
                                                                       1                        15, 2023, with respect to costs incurred during
                                                                       2                        the period described in subparagraph (A).’’.
                                                                       3               (b) APPLICABILITY.—The amendment made by sub-
                                                                       4 section (a) shall apply to grants made under section 324
                                                                       5 of title III of division N of the Consolidated Appropria-
                                                                       6 tions Act, 2021 (15 U.S.C. 9009a) before, on, or after
                                                                       7 the date of enactment of this Act.
                                                                       8     SEC. 302. TREATMENT OF PAYCHECK PROTECTION PRO-

                                                                       9                             GRAM            LOAN         FORGIVENESS                    OF      PAYROLL

                                                                     10                              COSTS UNDER HIGHWAY AND PUBLIC TRANS-

                                                                     11                              PORTATION                  PROJECT             COST          REIMBURSE-

                                                                     12                              MENT CONTRACTS.

                                                                     13                (a) IN GENERAL.—Notwithstanding section 31.201–
                                                                     14 5 of title 48, Code of Federal Regulations (or successor
                                                                     15 regulations), for the purposes of any cost-reimbursement
                                                                     16 contract awarded in accordance with section 112 of title
                                                                     17 23, United States Code, or section 5325 of title 49, United
                                                                     18 States Code, or any subcontract under such a contract,
                                                                     19 no cost reduction or cash refund (including through a re-
                                                                     20 duced indirect cost rate) shall be due to the Department
                                                                     21 of Transportation or to a State transportation depart-
                                                                     22 ment, transit agency, or other recipient of assistance
                                                                     23 under chapter 1 of title 23, United States Code, or chapter
                                                                     24 53 of title 49, United States Code, on the basis of forgive-



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 ness of the payroll costs of a covered loan (as those terms


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00106   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           107
                                                                       1 are defined in section 7A(a) of the Small Business Act
                                                                       2 (15 U.S.C. 636m(a))) issued under the paycheck protec-
                                                                       3 tion program under section 7(a)(36) of that Act (15
                                                                       4 U.S.C. 636(a)(36)).
                                                                       5               (b) RULE OF CONSTRUCTION.—Nothing in this sec-
                                                                       6 tion shall be construed to amend or exempt the prohibi-
                                                                       7 tions and liability under section 3729 of title 31, United
                                                                       8 States Code, (relating to false claims).
                                                                       9               (c) TERMINATION.—This section shall cease to have
                                                                     10 force or effect on June 30, 2025.
                                                                     11             TITLE IV—TRANSPORTATION
                                                                     12                     SERVICES
                                                                     13      SEC. 401. ADDITIONAL ASSISTANCE FOR ELIGIBLE PRO-

                                                                     14                              VIDERS OF TRANSPORTATION SERVICES AF-

                                                                     15                              FECTED BY COVID–19.

                                                                     16                (a) DEFINITIONS.—In this section:
                                                                     17                         (1) CERTS ACT.—The term ‘‘CERTS Act’’
                                                                     18                means subtitle B of title IV of division N of the
                                                                     19                Consolidated Appropriations Act, 2021 (Public Law
                                                                     20                116–260).
                                                                     21                         (2) PROVIDER                    OF          TRANSPORTATION               SERV-

                                                                     22                ICES.—The              term ‘‘provider of transportation serv-
                                                                     23                ices’’ has the meaning given the term in section
                                                                     24                421(a) of the CERTS Act.



pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00107   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           108
                                                                       1                        (3) SECRETARY.—The term ‘‘Secretary’’ means
                                                                       2               the Secretary of the Treasury.
                                                                       3               (b) APPROPRIATION.—In addition to amounts other-
                                                                       4 wise made available, there is appropriated for fiscal year
                                                                       5 2022, out of any money in the Treasury not otherwise ap-
                                                                       6 propriated, $2,000,000,000, to remain available until ex-
                                                                       7 pended, to provide additional funding for grants under the
                                                                       8 CERTS Act.
                                                                       9               (c) PAYMENTS.—
                                                                     10                         (1) ELIGIBLE ENTITIES.—The Secretary shall
                                                                     11                provide the funds made available by subsection (b)
                                                                     12                to providers of transportation services that—
                                                                     13                                  (A) as of the date of enactment of this
                                                                     14                         Act—
                                                                     15                                          (i) have been determined to be eligible
                                                                     16                                  under the CERTS Act; and
                                                                     17                                          (ii) are in compliance with the appli-
                                                                     18                                  cable terms and conditions of the CERTS
                                                                     19                                  Act; or
                                                                     20                                  (B) on or after the date of enactment of
                                                                     21                         this Act, are determined to be eligible under the
                                                                     22                         terms and conditions described in subparagraph
                                                                     23                         (A)(ii).
                                                                     24                         (2) CALCULATION.—A payment provided under



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25                this subsection shall be calculated using the same


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00108   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           109
                                                                       1               methodology as is used for the distribution of funds
                                                                       2               under the CERTS Act.
                                                                       3                        (3) RETURN OF UNUSED AMOUNTS.—A pro-
                                                                       4               vider of transportation services shall return to the
                                                                       5               Secretary any funds provided under this subsection
                                                                       6               that are not used by the provider of transportation
                                                                       7               services by the date that is 1 year after the date of
                                                                       8               receipt of the funds.
                                                                       9               (d) ADMINISTRATION.—
                                                                     10                         (1) IN GENERAL.—The Secretary shall have the
                                                                     11                authorities provided by the CERTS Act with respect
                                                                     12                to the funds made available by subsection (b).
                                                                     13                         (2) ADMINISTRATIVE EXPENSES.—Of the funds
                                                                     14                made available by subsection (b), not more than
                                                                     15                $50,000,000 may be used by the Secretary for the
                                                                     16                costs of administering this section and the CERTS
                                                                     17                Act.
                                                                     18                              TITLE V—OFFSETS
                                                                     19      SEC. 501. OFFSETTING RESCISSIONS.

                                                                     20                (a) IN GENERAL.—Of the unobligated balances from
                                                                     21 amounts made available under the heading ‘‘Small Busi-
                                                                     22 ness Administration—Business Loans Program Account,
                                                                     23 CARES Act’’ in section 323(d)(1)(A) of division N of the
                                                                     24 Consolidated Appropriations Act, 2021 (Public Law 116–



pbinns on DSKJLVW7X2PROD with BILLS
                                                                     25 260; 134 Stat. 2019) for the cost of guaranteed loans as


                                                                                  •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00109   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                                                                                                                           110
                                                                       1 authorized under paragraphs (36) and (37) of section 7(a)
                                                                       2 of           the       Small         Business             Act        (15       U.S.C.           636(a)),
                                                                       3 $2,982,000,000 are hereby permanently rescinded.
                                                                       4               (b) CARES ACT.—Of the unexpended balances re-
                                                                       5 maining from amounts made available under the heading
                                                                       6 ‘‘Small Business Administration—Business Loans Pro-
                                                                       7 gram Account, CARES Act’’ in section 1107(a)(1) of the
                                                                       8 Coronavirus Aid, Relief, and Economic Security Act (15
                                                                       9 U.S.C. 9006(a)(1)) $1,904,000,000 shall be returned to
                                                                     10 the Treasury.
                                                                     11          TITLE VI—BUDGETARY EFFECTS
                                                                     12      SEC. 601. EMERGENCY DESIGNATION.

                                                                     13                (a) IN GENERAL.—The amounts provided under the
                                                                     14 this Act and the amendments made by this Act are des-
                                                                     15 ignated as an emergency requirement pursuant to section
                                                                     16 4(g) of the Statutory Pay-As-You-Go Act of 2010 (2
                                                                     17 U.S.C. 933(g)).
                                                                     18                (b) HOUSE AND SENATE.—This Act and the amend-
                                                                     19 ments made by this Act are designated as an emergency
                                                                     20 requirement pursuant to subsections (a) and (b) of section
                                                                     21 4001 of S. Con. Res. 14 (117th Congress), the concurrent
                                                                     22 resolution on the budget for fiscal year 2022.




pbinns on DSKJLVW7X2PROD with BILLS                                               •S 4008 PCS

                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00110   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
pbinns on DSKJLVW7X2PROD with BILLS


                                      VerDate Sep 11 2014   01:30 Apr 07, 2022   Jkt 029200   PO 00000   Frm 00111   Fmt 6652   Sfmt 6201   E:\BILLS\S4008.PCS   S4008
                              Calendar No. 344
117TH CONGRESS
   2D SESSION       S. 4008
                                                                                      S4008
                  A BILL
                                                                                      E:\BILLS\S4008.PCS




To provide COVID relief for restaurants, gyms,
  minor league sports teams, border businesses,
  live venue service providers, exclave businesses,
  and providers of transportation services.
                                                                                      Sfmt 6651

                   APRIL 6, 2022
   Read the second time and placed on the calendar
                                                                                      Fmt 6651
                                                                                      Frm 00112
                                                                                      PO 00000
                                                                                      Jkt 029200
                                                                                      01:30 Apr 07, 2022
                                                                                      VerDate Sep 11 2014
                                                      pbinns on DSKJLVW7X2PROD with BILLS


File and source

File
BILLS_bills-117s4008pcs_bills-117s4008pcs.pdf
Size
377,536 bytes
SHA-256
37510eae9f03e270eb67219d597c1329cd878ea0d6559f72af99ed66f2073661
Our copy
BILLS_bills-117s4008pcs_bills-117s4008pcs.pdf
Original
www.govinfo.gov
Back to top