,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hdhe  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,octob] #a1 #bjbj ,mr4
 ,fitzpatrick 7= himself & ,mr4         
,quigley7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices1 & 9 addition to ! ,committees 
on ,ways & ,means1 & ! ,budget1 = 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      
e/abli% a #cj1jjj1jjj1jjj ,heal? ,club  
,recov]y ,fund to provide /ructur$      
relief to heal? & fitness s]vice        
e/abli%m5ts ?r\gh ,decemb] #ca1 #bjbj1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,heal? & ,fitness  
,recov]y ,act ( #bjbj4  #b4 ,def9itions 
,9 ?is ,act3  7#a7 ,affiliat$ bus9ess ,!
 t]m affiliat$ bus9ess means a bus9ess 9
 :i* an eligible entity has an equity or
 "r to pr(it di/ributions ( n less ?an  
#ej p]c5t1 or 9 :i* an eligible entity  
has ! contractual au?ority to control ! 

direction ( ! bus9ess1 provid$ t su*    
affiliation %all be det]m9$ z ( any     
arrangem5ts or agreem5ts 9 exi/5ce z (  
,m>* #ac1 #bjbj4  7#b7 ,cov]$ p]iod ,!  
t]m cov]$ p]iod means ! p]iod beg9n+ on 
,febru>y #ae1 #bjbj1 & end+ on ,decemb] 
#ca1 #bjbj4  7#c7 ,eligible entity ,!   
t]m eligible entity-- 7,a7 subject to   
subp>agraph 7,b71 means a heal? club1   
heal? or fitness /udio1 fitness c5t]1   
gym1 or fitness or heal? spa2 &  7,b7   
does n include an entity t is1 or is "p 
(1 a gov]nm5tal facility4  7#d7 ,fund ,!
 t]m ,fund means ! ,heal? ,club ,recov]y
 ,fund e/abli%$ "u section #c4  7#e7    
,payroll co/s ,! t]m payroll co/s has ! 
mean+ giv5 ! t]m 9 section              
#g7;a77#cf77;,a7 ( ! ,small ,bus9ess    
,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a774
  7#f7 ,secret>y ,! t]m ,secret>y means 
! ,secret>y ( ! ,treasury4  #c4 ,heal?  
,club ,recov]y ,fund  7a7 ,9 g5]al ,!re 
is e/abli%$ 9 ! ,treasury ( ! ,unit$    
,/ates a fund to be kn[n z ! ,heal?     
,club ,recov]y ,fund4  7b7              

,appropriations  7#a7 ,9 g5]al ,!re is  
appropriat$ to ! ,fund1 out ( am\nts 9 !
 ,treasury n o!rwise appropriat$1       
#cj1jjj1jjj1jjj1 to rema9 available     
until ,decemb] #ca1 #bjbj4  7#b7        
,rema9d] to ,treasury ,any am\nts rema9+
 9 ! ,fund aft] ,decemb] #ca1 #bjbj1    
%all be deposit$ 9 ! g5]al fund ( !     
,treasury4  7c7 ,use ( funds ,!         
,secret>y %all use am\nts 9 ! ,fund to  
make grants describ$ 9 section #d4  #d4 
,heal? club recov]y grants  7a7 ,9 g5]al
 ,! ,secret>y %all aw>d grants to       
eligible entities to provide relief to  
su* entities dur+ ! ,,covid-#ai p&emic4 
7b7 ,application  7#a7 ,9 g5]al ,an     
eligible entity desir+ a grant "u ?is   
section %all submit to ! ,secret>y an   
application at su* "t1 9 su* mann]1 &   
conta9+ su* in=mation z ! ,secret>y may 
require4  7#b7 ,c]tification ,an        
eligible entity apply+ = a grant "u ?is 
section %all make a good fai?           
c]tification-- 7,a7 t ! unc]ta9ty (     
curr5t economic conditions makes        

necess>y ! grant reque/ to support !    
ongo+ op]ations ( ! eligible entity2    
7,b7 ackn[l$g+ t funds w be us$ to reta9
 work]s & ma9ta9 payroll or = o!r       
all[able exp5ses describ$ 9 subsection  
7e72  7,c7 t ! eligible entity does n h 
an application p5d+ = a grant "u        
subsection 7a77#cf7 or 7b77#b7 ( section
 #g ( ! ,small ,bus9ess ,act 7#ae       
,u4,s4,c4 #fcf7 = ! same purpose &      
duplicative ( am\nts appli$ = or receiv$
 "u ?is section2 &  7,d7 t1 dur+ ! cov]$
 p]iod1 ! eligible entity has n receiv$ 
am\nts "u subsection 7a77#cf7 or 7b77#b7
 ( section #g ( ! ,small ,bus9ess ,act  
7#ae ,u4,s4,c4 #fcf7 = ! same purpose & 
duplicative ( am\nts appli$ = or receiv$
 "u ?is section4  7#c7 ,hold h>mless ,! 
,secret>y %all n r$uce ! am\nt ( a grant
 to an eligible entity "u ?is section1  
or o!rwise p5alize su* eligible entity1 
on ! basis ( ! eligible entity hav+     
fail$ to hire or rehire employees       
contr>y to assurances made by ! eligible
 entity 9 its grant application1 s long 

z ! eligible entity is able to docum5t--
  7,a7 an inability to rehire           
individuals :o 7 employees ( ! eligible 
entity on ,febru>y #ae1 #bjbj2 &  7,b7  
an inability to hire simil>ly qualifi$  
employees = unfill$ positions on or be=e
 ,decemb] #ca1 #bjbj4  7c7 ,priority 9  
aw>d+ grants  7#a7 ,9 g5]al ,subject to 
p>agraph 7#b71 ! ,secret>y %all aw>d    
grants to eligible entities "u          
subsection 7a7 9 ! ord] 9 :i* complet$  
applications are receiv$ by ! ,secret>y 
9 accordance ) ?is section4  7#b7       
,priority ,dur+ ! initial #ad-;day p]iod
 9 :i* ! ,secret>y aw>ds grants "u ?is  
section1 ! ,secret>y %all--  7,a7       
prioritize aw>d+ grants to eligible     
entities s]v+ m>g9aliz$ & und]repres5t$ 
communities1 ) a focus on wom5-1        
vet]an-1 & m9ority-own$ & op]at$        
eligible entities s]v+ su* communities2 
&  7,b7 only aw>d grants to eligible    
entities ) annual rev5ues ( less ?an    
#a1ejj1jjj4  7d7 ,grant am\nt  7#a7     
,aggregate maximum am\nt ,! aggregate   

am\nt ( grants made to an eligible      
entity & any affiliate bus9esses ( !    
eligible entity "u ?is section %all n   
exce$ ! less] (-- 7,a7 #aj1jjj1jjj2 or  
7,b7 #aj p]c5t ( ! sum ( ! annual       
rev5ues ( ! eligible entity & all       
affiliate bus9esses ( ! eligible entity 
= ! cal5d> ye> prec$+ ! aw>d ( ! grant4 
7#b7 ,det]m9ation ( grant am\nt  7,a7 ,9
 g5]al ,! am\nt ( a grant made to an    
eligible entity "u ?is section %all be  
bas$ on ! diff]5ce 9 rev5ues or e/imat$ 
rev5ues ( ! eligible entity dur+ a      
cal5d> qu>t] 9 #bjbj select$ by !       
eligible entity z comp>$ to #ie p]c5t ( 
! rev5ues ( ! eligible entity 9 ! same  
cal5d> qu>t] 9 #bjai4  7,b7 ,v]ification
 ,an eligible entity %all submit to !   
,secret>y su* rev5ue v]ification        
docum5tation z ! ,secret>y may require  
to det]m9e ! am\nt ( a grant "u         
subp>agraph 7,a74  7,c7 ,repaym5t ,any  
am\nt ( a grant made "u ?is section to  
an eligible entity bas$ on e/imat$      
rev5ues 9 a cal5d> qu>t] 9 #bjbj t is   

above ! actual rev5ues ( ! eligible     
entity dur+ t cal5d> qu>t] %all be      
conv]t$ to a loan t has--  7i7 an int]e/
 rate ( #a p]c5t2 &  7ii7 a maturity    
date ( #aj ye>s beg9n+ on ,janu>y #a1   
#bjba4  7#c7 ,no duplication ( b5efits  
,an eligible entity t receiv$ a loan "u 
section #g7;a77#cf7 ( ! ,small ,bus9ess 
,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 may n
 apply = or use grant am\nts "u ?is     
section = ! same exp5ses = :i* !        
eligible entity receiv$ ! loan4  7#d7   
,limitation ,an eligible entity may n   
receive m ?an #a grant "u ?is section4  
7e7 ,use ( funds  7#a7 ,all[able uses   
,dur+ ! cov]$ p]iod1 an eligible entity 
t receives a grant "u ?is section may   
use ! grant funds =-- 7,a7 payroll co/s2
  7,b7 paym5ts ( pr9cipal or int]e/ on  
any mortgage obligation2  7,c7 r5t      
paym5ts1 includ+ r5t "u a lease         
agreem5t2  7,d7 utilities2  7,e7        
ma9t5ance exp5ses1 includ+ con/ruction  
or reconfiguration to accommodate social
 di/anc+ requirem5ts2  7,f7 supplies1   

includ+ protective equipm5t & clean+    
mat]ials2  7,g7 debt obligations to     
suppli]s t 7 incurr$ be=e ! cov]$ p]iod2
 &  7,h7 any o!r exp5ses t ! ,secret>y  
det]m9es to be ess5tial to ma9ta9+ !    
eligible entity4  7#b7 ,return+ funds   
,if an eligible entity t receives a     
grant "u ?is section p]man5tly ceases   
op]ations on or be=e ,decemb] #ca1      
#bjbj1 ! eligible entity %all return to 
! ,treasury any funds t ! eligible      
entity receiv$ ?r\gh ! grant & did n use
 = ! all[able exp5ses "u p>agraph 7#a74 
7#c7 ,conv]sion to loan ,any grant      
am\nts receiv$ by an eligible entity "u 
?is section t are unus$ aft] ,decemb]   
#ca1 #bjbj1 %all be imm$iately conv]t$  
to a loan )-- 7,a7 an int]e/ rate ( #a  
p]c5t2 &  7,b7 a maturity date ( #aj    
ye>s4  7f7 ,taxability ,= purposes ( !  
,int]nal ,rev5ue ,code ( #aihf--  7#a7 !
 am\nt ( a grant aw>d$ to an eligible   
entity "u ?is section %all be exclud$ f 
! gross income ( ! eligible entity2     
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#a72 &  7#c7 an eligible      
entity t receives a grant "u ?is section
 %all n be eligible = ! cr$it describ$ 9
 section #bcja ( ! ,,c>es ,act 7,public 
,law #aaf-acf74  7g7 ,regulations ,n    
lat] ?an #ae days aft] ! date ( enactm5t
 ( ?is ,act1 ! ,secret>y %all issue     
regulations to c>ry out ?is section )\t 
reg>d to ! notice & comm5t requirem5ts  
"u section #eec ( title #e1 ,unit$      
,/ates ,code4  7h7 ,appropriations =    
/aff+ & adm9i/rative exp5ses  7#a7 ,9   
g5]al ,!re is appropriat$ to !          
,secret>y1 out ( am\nts 9 ! ,treasury n 
o!rwise appropriat$1 #bjj1jjj1jjj1 to   
rema9 available until ,decemb] #ca1     
#bjbj1 = /aff+ & adm9i/rative exp5ses   
relat$ to adm9i/]+ grants aw>d$ "u ?is  
section4  7#b7 ,set aside ,( am\nts     
appropriat$ "u p>agraph 7#a71           
#fj1jjj1jjj %all be allocat$ = outrea*  
to traditionally m>g9aliz$ &            

und]repres5t$ communities1 ) a focus on 
wom5-1 vet]an-1 & m9ority-own$ & op]at$ 
eligible entities1 includ+ ! creation ( 
a res\rce c5t] t>get$ t[>d ^!           
communities4  #e4 ,em]g5cy designation  
7a7 ,9 g5]al ,! am\nts provid$ by ?is   
,act are designat$ z an em]g5cy         
requirem5t pursuant to section #d7;g7 ( 
! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj  
7#b ,u4,s4,c4 #icc7;g774  7b7           
,designation 9 ,s5ate ,9 ! ,s5ate1 ?is  
,act is designat$ z an em]g5cy          
requirem5t pursuant to section #daab7;a7
 ( ,h4 ,con4 ,res4 #ga 7#aae?           
,congress71 ! concurr5t resolution on ! 
budget = fiscal ye> #bjah4