,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #gjaj  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bf1 #bjbj,mr4  
,phillips 7for himself1 ,mr4 ,roy1 ,mr4 
,upton1 ,mr4 ,fitzpatrick1 ,mr4 ,rouda1 
,mr4 ,harris1 ,mr4 ,kildee1 ,ms4        
,schrier1 ,mr4 ,welch1 ,mr4 ,brindisi1  
,mr4 ,pappas1 ,mrs4 ,walorski1 ,ms4     
,meng1 ,mr4 ,joyce of ,ohio1 ,ms4       
,torres ,small of ,new ,mexico1 ,mr4    
,bergman1 ,mr4 ,schweikert1 ,mr4        
,la,malfa1 ,mr4 ,krishnamoorthi1 ,mr4   
,bera1 ,ms4 ,herrera ,beutler1 ,mr4 ,van
 ,drew1 ,miss ,rice of ,new ,york1 ,mr4 
,dunn1 ,mr4 ,o',halleran1 ,ms4 ,castor  
of ,florida1 ,mr4 ,deutch1 ,ms4         
,stefanik1 ,mr4 ,ryan1 ,ms4 ,mc,collum1 
,mr4 ,courtney1 ,mr4 ,kilmer1 ,mr4      
,joyce of ,pennsylvania1 ,mr4 ,wright1  
,mr4 ,king of ,new ,york1 and ,mr4      
,curtis7 introduced the following bill2 
which was referred to the ,committee on 
,small ,business1 and in addition to the
 ,committee on ,ways and ,means1 for a  
period to be subsequently determined by 

the ,speaker1 in each case for          
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
amend the ,small ,business ,act and the 
,,cares ,act to modify certain          
provisions related to the forgiveness of
 loans under the paycheck protection    
program1 to allow recipients of loan    
forgiveness under the paycheck          
protection program to defer payroll     
taxes1 and for other purposes4  #a4     
,short title ,this ,act may be cited as 
the ,paycheck ,protection ,program      
,flexibility ,act of #bjbj4  #b4        
,maturity for loans with remaining      
balance after application of forgiveness
 ,section #g7;a77#cf77,k77ii7 of the    
,small ,business ,act 7#ae ,u4,s4,c4    
#fcf7;a77#cf77 is amended by inserting  
minimum maturity of #e years and a      
before maximum maturity4  #c4           
,amendments to paycheck protection      
program loan forgiveness  7a7 ,extension
 of covered period ,section             

#g7;a77#cf77;,a77iii7 of the ,small     
,business ,act 7#ae ,u4,s4,c4           
#fcf7;a77#cf77;,a77iii77 is amended by  
striking ,june #cj1 #bjbj and inserting 
,december #ca1 #bjbj4  7b7 ,forgiveness 
,section #aajf of the ,,cares ,act      
7,public ,law #aaf-acf7 is amended--    
7#a7 in subsection 7a71 by striking     
paragraph 7#c7 and inserting the        
following3  7#c7 the term covered period
 means1 subject to subsection 7l71 the  
period beginning on the date of the     
origination of a covered loan and ending
 the earlier of-- 7,a7 the date that is 
#bd weeks after such date of            
origination2 or  7,b7 ,december #ca1    
#bjbj2  2  7#b7 in subsection 7d7-- 7,a7
 in paragraph 7#e77;,b71 by striking    
,june #cj1 #bjbj each place it appears  
and inserting ,december #ca1 #bjbj2 and 
7,b7 by adding at the end the following 
new paragraphs3  7#g7 ,exemption based  
on employee availability ,during the    
period beginning on ,february #ae1      
#bjbj1 and ending on ,december #ca1     

#bjbj1 the amount of loan forgiveness   
under this section shall be determined  
without regard to a reduction in the    
number of full-time equivalent employees
 if an eligible recipient-- 7,a7 is     
unable to rehire an individual who was  
an employee of the eligible recipient on
 or before ,february #ae1 #bjbj2  7,b7  
is able to demonstrate an inability to  
hire similarly qualified employees on or
 before ,december #ca1 #bjbj2 or  7,c7  
is able to demonstrate an inability to  
return to the same level of business    
activity as such business was operating 
at prior to ,february #ae1 #bjbj4  7#h7 
,no limitations ,in carrying out this   
section1 the ,administrator may not     
limit the non-payroll portion of a      
forgivable covered loan amount4  2 and  
7#c7 by adding at the end the following 
new subsection3  7l7 ,application to    
certain eligible recipients ,an eligible
 recipient that received a covered loan 
before the date of enactment of this    
subsection may elect for the covered    

period applicable to such covered loan  
to end on the date that is #h weeks     
after the date of the origination of    
such covered loan4  4  #d4 ,delay of    
payment of employer payroll taxes       
,section #bcjb7;a7 of the ,,cares ,act  
7,public ,law #aaf-acf7 is amended by   
striking paragraph 7#c74  #e4 ,effective
 date2 applicability ,the amendments    
made by this ,act shall be effective as 
if included in the ,,cares ,act 7,public
 ,law #aaf-acf7 and shall apply to any  
loan made pursuant to section           
#g7;a77#cf7 of the ,small ,business ,act
 7#ae ,u4,s4,c4 #fcf7;a77#cf77 or       
section #aaji of the ,,cares ,act4