,,ii  #aafth ,,congress  #b;d ,session  
,s4 #ceif  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #d1       
#bjbj,mr4 ,braun 7for himself1 ,mrs4    
,loeffler1 ,mr4 ,hoeven1 and ,ms4       
,murkowski7 introduced the following    
bill2 which was read twice and referred 
to the ,committee on ,finance  ,a ,,bill
  ,to make technical corrections to the 
,,cares ,act to remove all tax liability
 associated with loan forgiveness under 
the ,paycheck ,protection ,program4  #a4
 ,short title ,this ,act may be cited as
 the ,safeguarding ,small ,business     
,act4  #b4 ,technical correction  7a7   
,in general ,subsection 7i7 of section  
#aajf of the ,,cares ,act 7,public ,law 
#aaf-acf7 is amended-- 7#a7 by striking 
#aihf1 any amount and inserting 8#aihf--
  7#a7 any amount  1  7#b7 by striking  
the period at the end and inserting 1   
and1 and  7#c7 by adding at the end the 
following new paragraph3  7#b7 the      
treatment under such ,code of any       
expense paid or incurred by the eligible

 recipient shall be determined without  
regard to the exclusion under paragraph 
7#a74  4  7b7 ,effective date ,the      
amendments made by this section shall   
apply as if included in the enactment of
 section #aajf of the ,,cares ,act      
7,public ,law #aaf-acf74