,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fhba  ,,in ,,the ,,house ,,of  
,,representatives  ,may #ab1 #bjbj,mr4  
,holding 7for himself1 ,mrs4 ,walorski1 
,mr4 ,ferguson1 ,mr4 ,kelly of          
,pennsylvania1 and ,mr4 ,nunes7         
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to clarify for     
purposes of the ,internal ,revenue ,code
 of #aihf that receipt of coronavirus   
assistance does not affect the tax      
treatment of ordinary business expenses4
  #a4 ,short title ,this ,act may be    
cited as the ,small ,business ,expense  
,protection ,act of #bjbj4  #b4         
,clarification of treatment of business 
expenses  7a7 ,in general ,subsection   
7i7 of section #aajf of the ,,cares ,act
 7,public ,law #aaf-acf7 is amended--   
7#a7 by striking #aihf1 any amount and  
inserting 8#aihf--  7#a7 any amount  2  
7#b7 by striking the period at the end  
and inserting 1 and2 and  7#c7 by adding
 at the end the following new paragraph3

  7#b7 no deduction shall be denied or  
reduced1 no tax attribute shall be      
reduced1 and no basis increase shall be 
denied1 by reason of the exclusion from 
gross income provided by paragraph 7#a74
  4  7b7 ,effective date ,the amendments
 made by this section shall apply as if 
included in the enactment of section    
#aajf of the ,,cares ,act 7,public ,law 
#aaf-acf74