,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fhag  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #ab1 #bjbj,mr4   
,gre5 ( ,texas 7= himself1 ,mr4 ,cleav]1
 & ,mr4 ,david ,scott ( ,georgia7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to e/abli% a payroll loan      
facility = small f9ancial in/itutions   
affect$ by ,,covid-#ai1 & = o!r         
purposes4  #a4 ,payroll loan facility = 
small f9ancial in/itutions  7a7 ,9 g5]al
 ,! ,secret>y ( ! ,treasury %all e/abli%
 a payroll loan facility :i* %all make  
loans to small f9ancial in/itutions &   
:i* %all1 to ! maximum ext5t            
practicable1 provide equival5t b5efits &
 assi/ance t are provid$ by ! ,pay*eck  
,protection ,program4  7b7 ,loan        
=giv5ess ,! ,secret>y ( ! ,treasury %all
 e/abli% a loan =giv5ess program )      
respect to loans made "u subsection 7a71
 t %all1 to ! maximum ext5t practicable1
 h ! same requirem5ts z ! loan =giv5ess 
program e/abli%$ "u section #aajf ( !   

,,c>es ,act 7#ae ,u4,s4,c4 #ijje74  7c7 
,def9itions ,9 ?is section3 7#a7        
,community developm5t f9ancial          
in/itution ,! t]m community developm5t  
f9ancial in/itution has ! mean+ giv5 t  
t]m "u section #ajc ( ! ,riegle         
,community ,developm5t & ,regulatory    
,improvem5t ,act ( #aiid 7#ab ,u4,s4,c4 
#dgjb74  7#b7 ,small f9ancial in/itution
 ,! t]m small f9ancial in/itution means 
an in/itution t-- 7,a7 is a community   
developm5t f9ancial in/itution1 m9ority 
depository in/itution1 or rural bank2 & 
7,b7 has consolidat$ assets ( less ?an  
#gjj1jjj1jjj4  7#c7 ,insur$ cr$it union 
,! t]m insur$ cr$it union has ! mean+   
giv5 t t]m "u section #aja ( ! ,f$]al   
,cr$it ,union ,act4  7#d7 ,insur$       
depository in/itution ,! t]m insur$     
depository in/itution has ! mean+ giv5 t
 t]m "u section #c ( ! ,f$]al ,deposit  
,insurance ,act4  7#e7 ,m9ority         
depository in/itution ,! t]m m9ority    
depository in/itution has ! mean+ giv5 t
 t]m "u section #cjh7;b7 ( ! ,f9ancial  

,in/itutions ,re=m1 ,recov]y1 &         
,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4   
#adfc note74  7#f7 ,pay*eck ,protection 
,program ,! t]m ,pay*eck ,protection    
,program means section #g7;a77#cf7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf774  7#g7 ,rural ,) respect 
to an area1 ! t]m rural has ! mean+ giv5
 t t]m "u section #ajbf4ce7;b77iv77,a7 (
 title #ab1 ,code ( ,f$]al ,regulations4
  7#h7 ,rural bank ,! t]m rural bank    
means an insur$ cr$it union or insur$   
depository in/itution locat$ 9 a rural  
area4  7d7 ,direct appropriation = !    
payroll loan facility ,!re is           
appropriat$1 out ( am\nts 9 ! ,treasury 
n o!rwise appropriat$1 #be1jjj1jjj1jjj  
to ! ,secret>y ( ! ,treasury to c>ry out
 ?is subsection4