,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fgea  ,,in ,,the ,,house ,,of  
,,representatives  ,may #h1 #bjbj,ms4   
,eshoo 7for herself and ,mrs4 ,rodgers  
of ,washington7 introduced the following
 bill2 which was referred to the        
,committee on ,small ,business  ,a      
,,bill  ,to amend the ,small ,business  
,act to include certain small business  
concerns in the paycheck protection     
program1 and for other purposes4  #a4   
,short title ,this ,act may be cited as 
the ,caring for ,startup ,employees ,act
 of #bjbj4  #b4 ,ensuring startups can  
access the ,paycheck ,protection        
,program ,section #g7;a77#cf77;,d77iv7  
of the ,small ,business ,act 7#ae       
,u4,s4,c4 #fcf7;a77#cf77;,d77iv77 is    
amended-- 7#a7 by adding at the end the 
following3  7,,iv7 any small business   
concern that has accepted funding from  
an investment company1 as such term is  
defined in section #hj;a-#c of title    
#ae1 ,code of ,federal ,regulations 7or 
any successor regulation71              

notwithstanding any assessment of such  
investment company1 as long as-- 7aa7 no
 investment company is a majority       
stakeholder of the small business       
concern2 and  7bb7 the small business   
concern does not distribute proceeds of 
the loan to any investment company of   
such small business concern1 including  
through dividends1 redemptions1 security
 repurchases1 or any other transfer or  
transaction4  2  7#b7 in subclause      
7,,ii71 by striking 2 and and inserting 
a semicolon2 and  7#c7 in subclause     
7,,iii71 by striking the period at the  
end and inserting 2 and4