,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #ghid  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #ca1 #bjbj,mr4  
,curtis 7= himself1 ,mr4 ,roy1 ,mr4 ,van
 ,drew1 ,mr4 ,meus]1 & ,ms4 ,wild7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,small ,bus9ess1 & 9   
addition to ! ,committee on ,ways &     
,means1 = a p]iod to be subsequ5tly     
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to require ! ,adm9i/rator ( ! 
,small ,bus9ess ,adm9i/ration to e/abli%
 a program to provide c]ta9 borr[]s ) a 
second loan "u ! pay*eck protection     
program1 to modify ! eligibility &      
=giv5ess requirem5t ( ! program1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,pay*eck ,protection    
,program ,small ,bus9ess ,enhancem5t    
,act4  #b4 ,ext5d+ au?ority = commitm5ts
 = ! pay*eck protection program ,section
 #aajb7;b77#a7 ( title ,i ( division ,a 
( ! ,coronavirus ,aid1 ,relief1 &       

,economic ,security ,act 7,public ,law  
#aaf-acf7 is am5d$ by /rik+ ,augu/ #h1  
#bjbj & ins]t+ ,decemb] #ca1 #bjbj4  #c4
 ,eligibility ( fran*ises & #eja7;c77#f7
 organizations = ! pay*eck protection   
program ,section #g7;a77#cf77;,d7 ( !   
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf77;,d77 is am5d$-- 7#a7 9   
subp>agraph 7,a77vii71 by /rik+ section 
#eja7;c77#c7 & ins]t+ p>agraph 7#f7 or  
7#c7 ( section #eja7;c72 &  7#b7 9      
subp>agraph 7,d7-- 7,a7 9 clause 7iv7-- 
7i7 9 subclause 7,,ii71 by /rik+ & at ! 
end2  7ii7 9 subclause 7,,iii71 by /rik+
 ! p]iod at ! end & ins]t+ 2 &2 &  7iii7
 by add+ at ! end ! foll[+ new          
subclause3  7,,iv7 any bus9ess conc]n t 
is a fran*isor or fran*isee z describ$ 9
 clause 7vii77,,ii74  2 &  7,b7 by add+ 
at ! end ! foll[+ new clause3  7vii7    
,fran*ises & #eja7;c77#f7 organizations 
,dur+ ! cov]$ p]iod1 ! foll[+ %all be   
eligible to receive a cov]$ loan3 7,i7  
,any organization t is describ$ 9       
section #eja7;c77#f7 ( ! ,int]nal       

,rev5ue ,code & t is exempt f taxation  
"u section #eja7;a7 ( su* ,code4  7,,ii7
 ,any bus9ess conc]n t is a fran*isor or
 fran*isee 9 a fran*ise 7z def9$ 9      
section #dcf4a7;h7 ( title #af1 ,code ( 
,f$]al ,regulations71 reg>dless ( :e!r !
 fran*ise is assign$ a fran*ise id5tifi]
 code by ! ,adm9i/ration1 if ! bus9ess  
conc]n employs n m ?an #ejj employees p]
 physical location ( ! bus9ess conc]n4  
4  #d4 ,prohibition on use ( loan       
proce$s = lobby+ activities ,section    
#g7;a77#cf77;,f7 ( ! ,small ,bus9ess    
,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,f77 
is am5d$ by add+ at ! end ! foll[+3     
7vi7 ,prohibition ,none ( ! proce$s ( a 
cov]$ loan may be us$ = lobby+          
activities1 z def9$ 9 section #c ( !    
,lobby+ ,disclosure ,act ( #aiie 7#b    
,u4,s4,c4 #afjb74  4  #e4 ,subsequ5t    
loans "u ! pay*eck protection program   
7a7 ,9 g5]al ,an eligible bus9ess t     
receiv$ a cov]$ loan "u section         
#g7;a77#cf7 ( ! ,small ,bus9ess ,act may
 submit an application to ! ,adm9i/rator

 ( ! ,small ,bus9ess ,adm9i/ration = a  
subsequ5t loan made "u ! same t]ms1     
conditions1 & processes z su* cov]$     
loan4  7b7 ,=giv5ess  7#a7 ,9 g5]al ,a  
subsequ5t loan made "u subsection 7a7   
%all be eligible = =giv5ess "u section  
#aajf ( ! ,,c>es ,act "u ! same t]ms1   
conditions1 & processes z a cov]$ loan  
made "u section #g7;a77#cf7 ( ! ,small  
,bus9ess ,act4  7#b7 ,additional        
=givable exp5ses ,am\nts ( a subsequ5t  
loan us$ = cov]$ work] protection       
exp5ditures %all be eligible = =giv5ess 
"u su* section #aajf4  7#c7 ,cov]$ p]iod
 ,) respect to a subsequ5t loan1 ! cov]$
 p]iod 7z def9$ 9 section #aajf7;a77#c7 
( ! ,,c>es ,act7 %all beg9 on ! date (  
disbursem5t ( ! subsequ5t loan4  7c7    
,safe h>bor  7#a7 ,9 g5]al ,a l5d] may  
rely on any c]tification or docum5tation
 submitt$ by an applicant = a cov]$ loan
 or an eligible recipi5t ( a cov]$ loan 
t-- 7,a7 is submitt$ pursuant to any    
/atutory requirem5t relat+ to cov]$     
loans or any rule or guidance issu$ to  

c>ry out any action relat+ to cov]$     
loans2 &  7,b7 atte/s t ! applicant or  
eligible recipi5t1 z applicable1 has    
accurately v]ifi$ any c]tification or   
docum5tation provid$ to ! l5d]4  7#b7   
,no en=cem5t action ,) respect to a l5d]
 t relies on a c]tification or          
docum5tation describ$ 9 p>agraph 7#a7-- 
7,a7 an en=cem5t action may n be tak5   
aga9/ ! l5d] act+ 9 good fai? relat+ to 
orig9ation or =giv5ess ( a cov]$ loan   
bas$ on su* reliance2 &  7,b7 ! l5d]    
act+ 9 good fai? %all n be subject to   
any p5alties relat+ to orig9ation or    
=giv5ess ( a cov]$ loan bas$ on su*     
reliance4  7d7 ,def9itions ,9 ?is       
section3 7#a7 ,cov]$ work] protection   
exp5diture ,! t]m cov]$ work] protection
 exp5diture-- 7,a7 means an op]at+ or a 
capital exp5diture1 z det]m9$ 9         
accordance ) g5]ally accept$ acc\nt+    
pr9ciples1 t is requir$ to facilitate ! 
adaptation ( ! bus9ess activities ( an  
eligible recipi5t to comply )           
requirem5ts e/abli%$ or guidance issu$  

by ! ,dep>tm5t ( ,heal? & ,human        
,s]vices1 ! ,c5t]s = ,disease ,control1 
or ! ,occupational ,safety & ,heal?     
,adm9i/ration dur+ ! p]iod beg9n+ on    
,m>* #a1 #bjbj1 & end+ ,decemb] #ca1    
#bjbj1 relat$ to ! ma9t5ance ( /&>ds =  
sanitation1 social di/anc+1 or any o!r  
work] or cu/om] safety requirem5t relat$
 to ,,covid-#ai2  7,b7 may include-- 7i7
 ! pur*ase1 ma9t5ance1 or r5ovation (   
assets t create or exp&-- 7,i7 a        
drive-?r\gh w9d[ facility2  7,,ii7 an   
indoor1 outdoor1 or comb9$ air or air   
pressure v5tilation or filtration sy/em2
  7,,iii7 a physical b>ri] su* z a      
sneeze gu>d2  7,,iv7 an indoor1 outdoor1
 or comb9$ comm]cial real prop]ty2  7,v7
 an onsite or (fsite heal? scre5+       
capability2 or  7,,vi7 o!r assets relat+
 to ! compliance ) ! requirem5ts or     
guidance describ$ 9 subp>agraph 7,a71 z 
det]m9$ by ! ,adm9i/rator 9 consultation
 ) ! ,secret>y ( ,heal? & ,human        
,s]vices & ! ,secret>y ( ,labor2  7ii7  
exp5ses relat$ to te/+ employees ( an   

eligible bus9ess = ,,covid-#ai2 &  7iii7
 ! pur*ase (-- 7,i7 cov]$ mat]ials      
describ$ 9 section #cbh4ajc7;a7 ( title 
#dd1 ,code ( ,f$]al ,regulations1 or any
 successor regulation2  7,,ii7          
p>ticulate filt]+ facepiece respirators 
approv$ by ! ,national ,in/itute =      
,occupational ,safety & ,heal?1 includ+ 
^? approv$ only = em]g5cy use           
au?orization2 or  7,,iii7 o!r k9ds (    
p]sonal protective equipm5t1 z det]m9$  
by ! ,adm9i/rator 9 consultation ) !    
,secret>y ( ,heal? & ,human ,s]vices & !
 ,secret>y ( ,labor2 &  7,c7 does n     
include resid5tial real prop]ty or      
intangible prop]ty4  7#b7 ,eligible     
bus9ess ,! t]m eligible bus9ess means an
 eligible recipi5t z def9$ 9 section    
#g7;a77#cf77;,a7 ( ! ,small ,bus9ess    
,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a771
 b does n include a nonpr(it            
organization z def9$ 9 su* section--    
7,a7 t exp]i5c$ a r$uction 9 gross      
receipts ( m ?an #bj p]c5t dur+-- 7i7 ! 
p]iod betwe5 ,april #a1 #bjbj1 & ,june  

#a1 #bjbj1 z comp>$ to ! p]iod betwe5   
,april #a1 #bjai1 & ,june #a1 #bjai2 or 
7ii7 ! p]iod betwe5 ,july #a1 #bjbj1 &  
,septemb] #a1 #bjbj1 comp>$ to ! p]iod  
betwe5 ,july #a1 #bjai1 & ,septemb] #a1 
#bjai2 &  7,b7 t is able to docum5t an  
inability to return to ! same level (   
bus9ess activity z su* bus9ess 0 op]at+ 
at be=e ,febru>y #ae1 #bjbj1 due to     
compliance ) requirem5ts e/abli%$ or    
guidance issu$ by ! ,secret>y ( ,heal? &
 ,human ,s]vices1 ! ,director ( ! ,c5t]s
 = ,disease ,control & ,prev5tion1 or ! 
,occupational ,safety & ,heal?          
,adm9i/ration dur+ ! p]iod beg9n+ on    
,m>* #a1 #bjbj1 & end+ ,decemb] #ca1    
#bjbj1 relat$ to ! ma9t5ance ( /&>ds =  
sanitation1 social di/anc+1 or any o!r  
work] or cu/om] safety requirem5t relat$
 to ,,covid-#ai4  #f4 ,cl>ification (   
treatm5t ( bus9ess exp5ses  7a7 ,9 g5]al
 ,subsection 7i7 ( section #aajf ( !    
,,c>es ,act 7,public ,law #aaf-acf7 is  
am5d$-- 7#a7 by /rik+ #aihf1 any am\nt &
 ins]t+ #aihf-- 7#a7 any am\nt  2  7#b7 

by /rik+ ! p]iod at ! end & ins]t+ 1 &2 
&  7#c7 by add+ at ! end ! foll[+ new   
p>agraph3  7#b7 no d$uction %all be d5i$
 or r$uc$1 no tax attribute %all be     
r$uc$1 & no basis increase %all be d5i$1
 by reason ( ! exclusion f gross income 
provid$ by p>agraph 7#a74  4  7b7       
,effective date ,! am5dm5ts made by ?is 
section %all apply z if includ$ 9 !     
enactm5t ( section #aajf ( ! ,,c>es ,act
 7,public ,law #aaf-acf74  #g4 ,=giv5ess
 = cov]$ loans "u #aej1jjj ,section     
#aaaj ( ! ,,c>es ,act 7#ae ,u4,s4,c4    
#ijji7 is am5d$ by add+ at ! end !      
foll[+ new subsections3  7m7 ,=giv5ess =
 cov]$ loans "u #aej1jjj  7#a7 ,9 g5]al 
,not)/&+ subsection 7e71 ) respect to a 
cov]$ loan made to an eligible recipi5t 
t is n m ?an #aej1jjj1 ! cov]$ loan     
am\nt %all be =giv5 "u ?is section if ! 
eligible recipi5t submits to ! l5d] a   
"o-page onl9e or pap] =m1 to be e/abli%$
 by ! ,adm9i/rator n lat] ?an #g days   
aft] ! date ( enactm5t ( ?is subsection1
 t atte/s t ! eligible recipi5t compli$ 

) ! requirem5ts "u section #g7;a77#cf7 (
 ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4  
#fcf7;a77#cf774  7#b7 ,hold h>mless ,)  
respect to a l5d] t relies on an        
atte/ation submitt$ by an eligible      
recipi5t "u p>agraph 7#a71 no en=cem5t  
action may be tak5 aga9/ ! l5d] = any   
falsehoods conta9$ 9 ! atte/ation4  7#c7
 ,demographic in=mation ,! onl9e or pap]
 =m e/abli%$ by ! ,adm9i/rator "u       
p>agraph 7#a7 %all include a means by   
:i* an eligible recipi5t may1 at !      
discretion ( ! eligible recipi5t1 submit
 demographic in=mation ( ! own] ( !     
eligible recipi5t1 includ+ ! sex1 race1 
e?nicity1 & vet]an /atus ( ! own]4  7n7 
,en=cem5t action aga9/ borr[]s ,an      
eligible recipi5t ( a cov]$ loan may    
only be subject to an en=cem5t action or
 p5alty relat+ to loan orig9ation1      
=giv5ess1 or gu>antee ( ! cov]$ loan if 
! eligible recipi5t commits fraud or    
exp5ds cov]$ loan proce$s on exp5ses t  
are n all[able "u section               
#g7;a77#cf77;,f7 ( ! ,small ,bus9ess    

,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,f774
  4