H.R. 7871 — Introduced in House

I 116th CONGRESS 2d Session H. R. 7871 IN THE HOUSE OF REPRESENTATIVES July 30, 2020Mr. Gibbs introduced the following bill; which was referred to the Committee on Small Business A BILL To require political organizations to return any amounts received under the paycheck protection program, and for other purposes. 1. Short title This Act may be cited as the Stop Pilfering Everyone’s Paycheck Protection for Election Results Act. 2. Requirement for political organizations to return any amounts received under the paycheck protection program Not later than December 31, 2020, a political organization (as defined in section 527(e) of the Internal Revenue Code of 1986) that received a covered loan under section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)), shall return any amounts received from such covered loan to the general fund of the Treasury.