Library / Laws / 116th / hr / H.R. 8537 / Introduced in House
I
116th CONGRESS
2d Session
H. R. 8537
IN THE HOUSE OF REPRESENTATIVES
October 6, 2020Mr. Golden (for himself and Mr. Kelly of Mississippi) introduced the following bill; which was referred to the Committee on Small Business
A BILL
To direct the Administrator of the Small Business Administration to modify any caps on emergency EIDL advances to certain veterans service organizations, and for other purposes.
1.
Amount of emergency EIDL advances for certain veterans service organizations
Notwithstanding any other provision of law, the Administrator of the Small Business Administration shall ensure that a veterans service organization with not more than one employee that applies for an advance under section 1110(e) of the CARES Act (15 U.S.C. 9005(e)) is not subject to a cap on such advance that is less than $5,000.