,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #fgeh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #h1 #bjbj,ms4 ,g>cia ( ,texas introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,a ,,bill ,to e/abli% requirem5ts = funds appropriat$ to c>ry out ! pay*eck protection program1 to require report+ on ! use ( su* funds1 & = o!r purposes4 #a4 ,set aside = m9ority depository in/itutions & community developm5t f9ancial in/itutions "u ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act ,) respect to am\nts appropriat$ "u section #aja7;a7 ( division ,a ( ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 = ! co/ ( gu>ante$ loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 #aj1jjj1jjj1jjj ( su* am\nts n o!rwise obligat$ or exp5d$ %all be set aside = loan gu>antees made by m9ority depository in/itutions 7z def9$ 9 section #cjh ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #adfc note77 & community developm5t f9ancial in/itutions 7z def9$ 9 section #ajc ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb774 #b4 ,set aside = c]ta9 l5d]s & report+ requirem5ts = ! pay*eck protection program 7a7 ,set aside = c]ta9 l5d]s 7#a7 ,9 g5]al ,on ! date on :i* all am\nts appropriat$ by ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 "u ! head+ ,small ,bus9ess ,adm9i/ration--,bus9ess ,loans ,program ,acc\nt1 ,,c>es ,act are exp5d$1 subp>agraph 7,s7 ( section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77,s77 is am5d$ to read z foll[s3 7,s7 ,set aside = c]ta9 l5d] ,! ,adm9i/rator %all provide = ! co/ ( gu>ante$ cov]$ loans made "u ?is p>agraph-- 7i7 a set aside ( #bj p]c5t ( ea* am\nt appropriat$ pursuant to ?is to c>ry out ?is p>agraph = loans made by community f9ancial in/itutions 7z def9$ 9 subp>agraph 7,a77xi7 ( su* section71 insur$ depository in/itutions 7z def9$ 9 subp>agraph 7,a77i7 ( su* section71 & cr$it unions 7z def9$ 9 subp>agraph 7,a77xii7 ( su* section71 ) consolidat$ assets ( less ?an #aj1jjj1jjj1jjj2 7ii7 a set aside ( #aj p]c5t ( ea* am\nt appropriat$ pursuant to ?is to c>ry out ?is p>agraph = loans made by insur$ depository in/itutions 7z def9$ 9 subp>agraph 7,a77i7 ( su* section7 & cr$it unions 7z def9$ 9 subp>agraph 7,a77xii7 ( su* section7 ) consolidat$ assets ( n less ?an #aj1jjj1jjj1jjj & less ?an #ej1jjj1jjj1jjj2 & 7iii7 a set aside equal ! great] ( #aj1jjj1jjj1jjj or #e p]c5t ( ea* am\nt appropriat$ pursuant to ?is to c>ry out ?is p>agraph = loans made by m9ority depository in/itutions 7z def9$ 9 section #cjh ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #adfc note77 & community developm5t f9ancial in/itutions 7z def9$ 9 section #ajc ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb774 4 7#b7 ,notification ,! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration %all notify ! ,law ,revision ,c\nsel ( ! ,h\se ( ,repres5tatives ( ! date on :i* ! am\nts describ$ "u p>agraph 7#a7 are exp5d$ s t ! ,law ,revision ,c\nsel may execute ! am5dm5ts made by p>agraph 7#a74 7b7 ,process+ ,section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,t7 ,application process+ 7i7 ,9 g5]al ,! ,adm9i/rator & ! ,secret>y ( ! ,treasury %all1 at lea/ twice weekly1 provide sep>ate #h-;h\r p]iod dur+ :i* ! ,adm9i/rator & ! ,secret>y %all process ! foll[+ applications "u ?is p>agraph3 7,i7 ,applications compil$ by l5d]s ) consolidat$ assets ( less ?an #a1jjj1jjj1jjj t are au?oriz$ to make loans "u ?is p>agraph4 7,,ii7 ,applications compil$ by l5d]s f eligible recipi5ts t h #bj or few] employees = a pr9cipal am\nt ( a cov]$ loan ( less ?an #bjj1jjj4 7ii7 ,requirem5ts ,! ,adm9i/rator & ! ,secret>y %all1 at lea/ #gb h\rs 9 advance1 provide notice ( :5 an #h-;h\r p]iod describ$ 9 clause 7i7 w beg94 ,su* #h-;h\r p]iod may n be betwe5 #ab a4m4 & #h a4m4 4 7c7 ,reports 7#a7 ,9 g5]al ,dur+ ! p]iod beg9n+ on ! date ( ! enactm5t ( an ,act appropriat+ am\nts "u ! head+ ,small ,bus9ess ,adm9i/ration--,bus9ess ,loans ,program ,acc\nt1 ,,c>es ,act t is on or aft] ! date ( ! enactm5t ( ?is ,act1 & end+ on ! date on :i* su* am\nts are exp5d$1 ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/rator & ! ,secret>y ( ! ,treasury %all make publicly available-- 7,a7 on a daily basis1 ! am\nt ( funds "u su* head+ t h n be5 obligat$ or exp5d$2 & 7,b7 on a weekly basis1 ! am\nt ( funds "u su* head+ made available to l5d]s1 disaggregat$ by ! type ( l5d] 7includ+ m9ority depository in/itutions 7z def9$ 9 section #cjh ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #adfc note77 & community developm5t f9ancial in/itutions 7z def9$ 9 section #ajc ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb777 & ! total consolidat$ assets ( ea* su* l5d]4 7#b7 ,prior exp5ditures ,n lat] ?an #g days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/rator & ! ,secret>y ( ! ,treasury %all make publicly available a report on funds made available "u ! head+ ,small ,bus9ess ,adm9i/ration--,bus9ess ,loans ,program ,acc\nt1 ,,c>es ,act to l5d]s1 disaggregat$ by ! type ( l5d] 7includ+ m9ority depository in/itutions 7z def9$ 9 section #cjh ( ! ,f9ancial ,in/itutions ,re=m1 ,recov]y1 & ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 #adfc note77 & community developm5t f9ancial in/itutions 7z def9$ 9 section #ajc ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb777 & ! total consolidat$ assets ( ea* su* l5d]4