,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #ghde  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bi1 #bjbj,mr4 
,peterson introduced the following bill2
 which was referred to the ,committee on
 ,small ,business  ,a ,,bill  ,to direct
 the ,administrator of the ,small       
,business ,administration to establish a
 forgivable loan program for remote     
recreational businesses1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,remote             
,recreational ,small ,business          
,interruption ,program4  #b4 ,forgivable
 loan program for remote recreational   
businesses  7a7 ,in general ,the        
,administrator shall establish a program
 to make forgivable loans available to  
remote recreational businesses that     
experienced a loss in revenue that is   
greater than #ej percent during the     
period between ,march #a1 #bjbj1 and    
,july #a1 #bjbj1 as compared with the   
same period during previous year4  7b7  
,eligibility ,to be eligible for a      

forgivable loan1 a remote recreational  
business must-- 7#a7 have been in       
operation on ,march #a1 #bjbj2 and  7#b7
 show that the closure of the ,united   
,states and ,canadian border restricted 
the ability of ,american customers to   
access the location of the remote       
recreational business4  7c7 ,loan amount
 ,the maximum loan amount shall be equal
 to #ge percent of the remote           
recreational gross annual receipts for  
fiscal year #bjai4  7d7 ,forgiveness    
,not later than #a calendar year from   
the date of enactment of this ,act1 the 
,administrator shall forgive #ajj       
percent of the value of a loan received 
less the amount the borrower received   
from-- 7#a7 any other loan forgiveness  
program1 including any program          
established under the ,,cares ,act      
7,public ,law #aaf-acf72 and  7#b7 an   
advance received under section #aaaj of 
the ,,cares ,act 7#ae ,u4,s4,c4 #ijji74 
#c4 ,definitions ,in this ,act3 7#a7    
,administrator ,the term ,administrator 

means the ,administrator of the ,small  
,business ,administration4  7#b7        
,administration ,the term remote        
recreational business means a business  
in the contiguous ,united ,states that  
is-- 7,a7 a small business concern 7as  
defined under section #c of the ,small  
,business ,act 7#ae ,u4,s4,c4 #fcb77    
operating in the recreational industry2 
7,b7 located within #ge miles of the    
,united ,states and ,canadian border2   
and  7,c7 is only accessible by land via
 ,canada4