Congressional Record, Senate — March 24, 2021, S1778
Summary
This is S1778 of the Congressional Record, Senate, March 24, 2021, with interleaved columns. The page prints amendment text on the Paycheck Protection Program, including a limitation section that would make Planned Parenthood Federation of America, Inc. and its affiliates ineligible to receive a covered loan, and eligibility rules based on reductions in gross receipts of at least 75 percent. It also lists committees authorized to meet on Wednesday, March 24, 2021, including hearings of the Committee on Banking, Housing, and Urban Affairs and the Committee on Commerce, Science, and Transportation.
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“Congressional Record, Senate — March 24, 2021, S1778.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2021-03-24-crec-2021-03-24-pt1-pgs1778-343d3e103c/
, SHA-256 f89bff63cd4a8b447aa5c68867a193644468e8cb38c7133478798f0b7de2eadb.Full text
S1778 CONGRESSIONAL RECORD — SENATE March 24, 2021
and the CARES Act to extend the cov- cipient had gross receipts during the first, today’s session of the Senate. They
ered period for the paycheck protection second, third, or, only with respect to an ap- have the approval of the Majority and
program, and for other purposes; which plication submitted on or after January 1, Minority leaders.
2021, fourth quarter of 2020 that demonstrate
was ordered to lie on the table; as fol- Pursuant to Rule XXVI, paragraph
not less than a 75 percent reduction from the
lows: gross receipts of the eligible recipient during 5(a), of the Standing Rules of the Sen-
At the appropriate place, insert the fol- the third or fourth quarter of 2019; ate, the following committees are au-
lowing: ‘‘(III) if the eligible recipient was not in thorized to meet during today’s session
SEC. ll. LIMITATION. business during the first, second, or third of the Senate:
(a) IN GENERAL.—Section 7(a)(36)(D) of the quarter of 2019, but was in business during COMMITTEE ON BANKING, HOUSING, AND URBAN
Small Business Act (15 U.S.C. 636(a)(36)(D)) is the fourth quarter of 2019, that the eligible AFFAIRS
amended by adding at the end the following: recipient had gross receipts during the first,
‘‘(x) PROHIBITION ON COVERED LOANS FOR
The Committee on Banking, Housing,
second, third, or, only with respect to an ap-
PLANNED PARENTHOOD.—Planned Parenthood plication submitted on or after January 1,
and Urban Affairs is authorized to
Federation of America, Inc. and any affiliate 2021, fourth quarter of 2020 that demonstrate meet during the session of the Senate
or clinic of Planned Parenthood Federation not less than a 75 percent reduction from the on Wednesday, March 24, 2021, at 10
of America, Inc. shall not be eligible to re- gross receipts of the eligible recipient during a.m., to conduct a hearing on a nomi-
ceive a covered loan.’’. the fourth quarter of 2019; or nation.
(b) SECOND DRAW LOANS.—Section ‘‘(IV) if the eligible recipient was not in COMMITTEE ON COMMERCE, SCIENCE, AND
7(a)(37)(A)(iv)(III) of the Small Business Act business during 2019, but was in operation on TRANSPORTATION
(15 U.S.C. 636(a)(37)(A)(iv)(III)) is amended— February 15, 2020, that the eligible recipient
(1) in item (aa), by striking ‘‘or’’ at the The Committee on Commerce,
had gross receipts during the second, third,
end; or, only with respect to an application sub- Science, and Transportation is author-
(2) in item (dd), by striking ‘‘or’’ at the mitted on or after January 1, 2021, fourth ized to meet during the session of the
end; quarter of 2020 that demonstrate not less Senate on Wednesday, March 24, 2021,
(3) in item (ee), by striking ‘‘and’’ at the than a 75 percent reduction from the gross at 10 a.m., to conduct a hearing.
end and inserting ‘‘or’’; and receipts of the eligible recipient during the COMMITTEE ON ENVIRONMENT AND PUBLIC
(4) by adding at the end the following: first quarter of 2020. WORKS
‘‘(ff) Planned Parenthood Federation of ‘‘(ii) MAXIMUM LOAN AMOUNT.—In calcu-
America, Inc. and any affiliate or clinic of The Committee on Environment and
lating the maximum covered loan amount
Planned Parenthood Federation of America, under subparagraph (E) with respect to an el- Public Works is authorized to meet
Inc.; and’’. igible recipient that experienced extreme during the session of the Senate on
(c) EFFECTIVE DATE.—The amendments hardship, subclauses (I)(aa)(BB) and Wednesday, March 24, 2021, at 9:30 a.m.,
made by this section shall be effective as if (II)(aa)(BB), as applicable, of subparagraph to conduct a hearing.
included in the enactment of the CARES Act (E)(i) shall be applied by substituting ‘3.5’ for COMMITTEE ON FOREIGN RELATIONS
(Public Law 116–136). ‘2.5’.’’.
(b) SECOND DRAW.—Section 7(a)(37) of the
The Committee on Foreign Relations
SA 1407. Mr. MURPHY (for Mr. DUR- Small Business Act (15 U.S.C. 636(a)(37)) is is authorized to meet during the ses-
BIN) proposed an amendment to the bill amended— sion of the Senate on Wednesday,
H.R. 1651, to amend the CARES Act to (1) in subparagraph (A)(i), by inserting March 24, 2021, at 10 a.m., to conduct a
extend the sunset for the definition of ‘‘ ‘extreme hardship,’ ’’ after ‘‘ ‘eligible self- hearing.
a small business debtor, and for other employed individual,’ ’’; and COMMITTEE ON HEALTH, EDUCATION, LABOR,
purposes; as follows: (2) in subparagraph (C), by adding at the AND PENSIONS
end the following:
Strike section 2(c). The Committee on Health, Edu-
‘‘(v) EXTREME HARDSHIP.—In calculating
the maximum loan amount under clause (i), cation, Labor, and Pensions is author-
SA 1408. Ms. MURKOWSKI submitted ized to meet during the session of the
(ii), or (iii) with respect to an eligible entity
an amendment intended to be proposed that experienced extreme hardship, clause Senate on Wednesday, March 24, 2021,
by her to the bill H.R. 1799, to amend (i)(I)(bb), (ii)(I)(bb), and (iii)(I)(bb), as appli- at 10 a.m., to conduct a hearing.
the Small Business Act and the CARES cable, shall be applied by substituting ‘3.5’ COMMITTEE ON INDIAN AFFAIRS
Act to extend the covered period for for ‘2.5’.’’.
(c) COVERED PERIOD FOR LOAN FORGIVENESS
The Committee on Indian Affairs is
the paycheck protection program, and
FOR SECOND DRAW LOANS.—Section authorized to meet during the session
for other purposes; which was ordered
7(a)(37)(J)(i) of the Small Business Act (15 of the Senate on Wednesday, March 24,
to lie on the table; as follows:
U.S.C. 636(a)(37)(J)(i)) is amended to read as 2021, at 2:30 p.m., to conduct a hearing.
At the appropriate place, insert the fol- follows: COMMITTEE ON RULES AND ADMINISTRATION
lowing: ‘‘(i) DEFINITION OF COVERED PERIOD.—In
SEC. ll. PPP AND SECOND DRAW LOANS FOR The Committee on Rules and Admin-
this subparagraph, the term ‘covered period’
BUSINESSES THAT EXPERIENCED
means the period—
istration is authorized to meet during
EXTREME HARDSHIP. the session of the Senate on Wednes-
(a) PPP.—Section 7(a)(36) of the Small ‘‘(I) beginning on the date of the origina-
tion of a covered loan; and day, March 24, 2021, at 10 a.m., to con-
Business Act (15 U.S.C. 636(a)(36)) is amend-
‘‘(II) ending on a date selected by the eligi- duct a hearing.
ed—
(1) in subparagraph (E), in the matter pre- ble recipient of the covered loan that occurs COMMITTEE ON SMALL BUSINESS AND
ceding clause (i), by striking ‘‘subparagraph during the period— ENTREPRENEURSHIP
(V)’’ and inserting ‘‘subparagraphs (V) and ‘‘(aa) beginning on the date that is 8 weeks The Committee on Small Business
after such date of origination; and
(W)’’; and and Entrepreneurship is authorized to
(2) by adding at the end the following: ‘‘(bb) ending on the date that is 52 weeks
after such date of origination.’’. meet during the session of the Senate
‘‘(W) CALCULATION OF MAXIMUM LOAN on Wednesday, March 24, 2021, at 2:30
(d) APPLICABILITY.—The amendments made
AMOUNT FOR BUSINESSES THAT EXPERIENCED
by this section shall apply— p.m., to conduct a hearing.
EXTREME HARDSHIP.—
(1) for the amendments made by sub- COMMITTEE ON VETERANS’ AFFAIRS
‘‘(i) DEFINITION.—In this subparagraph, the
sections (a) and (b), with respect to an appli- The Committee on Veterans’ Affairs
term ‘extreme hardship’ means, with respect
cant for a loan under paragraph (36) or (37) of
to an eligible recipient applying for assist-
section 7(a) of the Small Business Act (15
is authorized to meet during the ses-
ance under this paragraph— sion of the Senate on Wednesday,
U.S.C. 636(a)(37)) before, on, or after the date
‘‘(I) except as provided in subclauses (II), March 24, 2021, at 3 p.m., to conduct a
of enactment of this Act; and
(III), and (IV), that the eligible recipient had hearing.
(2) for the amendment made by subsection
gross receipts during the first, second, third,
(c), with respect to an applicant for loan for- SELECT COMMITTEE ON INTELLIGENCE
or, only with respect to an application sub-
giveness under section 7(a)(37)(J) of that Act The Select Committee on Intel-
mitted on or after January 1, 2021, fourth
rfrederick on DSKBCBPHB2PROD with SENATE
(15 U.S.C. 636(a)(37)(J)) that has not yet re-
quarter in 2020 that demonstrate not less
ceived the loan forgiveness.
ligence is authorized to meet during
than a 75 percent reduction from the gross the session of the Senate on Wednes-
receipts of the eligible recipient during the f
day, March 24, 2021, at 2 p.m., to con-
same quarter in 2019; AUTHORITY FOR COMMITTEES TO duct a closed briefing.
‘‘(II) if the eligible recipient was not in
MEET SUBCOMMITTEE ON CYBERSECURITY
business during the first or second quarter of
2019, but was in business during the third and Mr. XXX. Mr. President, I have 14 re- The Subcommittee on Cybersecurity
fourth quarter of 2019, that the eligible re- quests for committees to meet during of the Committee on Armed Services is
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