,,ii #aafth ,,congress #b;d ,session ,s4 #cgjb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ab1 #bjbj,ms4 ,duckworth 7for ,mr4 ,markey 7for himself and ,ms4 ,duckworth77 introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,a ,,bill ,to appropriate additional amounts to provide loans under the paycheck protection program to community development financial institutions and minority depository institutions1 and for other purposes4 #a4 ,appropriations for ,c,d,f,is and minority depository institutions under the paycheck protection program 7a7 ,definitions ,in this section-- 7#a7 the term community development financial institution has the meaning given the term in section #ajc of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgjb72 and 7#b7 the term minority depository institution has the meaning given the term in section #cjh of the ,financial ,institutions ,reform1 ,recovery1 and ,enforcement ,act of #aihi 7#ab ,u4,s4,c4 #adfc note74 7b7 ,additional appropriations 7#a7 ,in general ,there is appropriated1 out of amounts in the ,treasury not otherwise appropriated1 for the fiscal year ending ,september #cj1 #bjbj1 to remain available until expended1 for an additional amount #aj1jjj1jjj1jjj under the heading ,small ,business ,administration--,business ,loans ,program ,account1 ,,cares ,act for the cost of guaranteed loans as authorized under section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 made on or after the date of enactment of this ,act by community development financial institutions or minority depository institutions under that section4 7#b7 ,set aside ,of amounts appropriated under paragraph 7#a7-- 7,a7 #e1jjj1jjj1jjj shall be for loans of less than #aej1jjj made by community development financial institutions or minority depository institutions under section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 and 7,b7 #b1ejj1jjj1jjj shall be for loans of less than #ge1jjj made by community development financial institutions or minority depository institutions under section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf774 7#c7 ,commitment level ,section #aajb7;b77#a7 of the ,,cares ,act 7,public ,law #aaf-acf7 is amended by striking #fei1jjj1jjj1jjj and inserting #ffi1jjj1jjj1jjj4 7c7 ,technical assistance 7#a7 ,grant program ,the ,secretary of the ,treasury shall establish a grant program to provide management and technical assistance to community development financial institutions and minority depository institutions making loans under section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 for which the average loan amount is less than #ej1jjj4 7#b7 ,direct appropriations ,there is appropriated to the ,secretary of the ,treasury1 out of amounts in the ,treasury not otherwise appropriated1 for the fiscal year ending ,september #cj1 #bjbj1 to remain available until expended1 #ajj1jjj1jjj to provide grants under paragraph 7#a74 7d7 ,certified ,c,d,f,is as lenders under the paycheck protection program ,section #g7;a77#cf77;,f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,f77 is amended by adding at the end the following3 7vi7 ,certified ,c,d,f,is as lenders 7,i7 ,definition ,in this clause1 the term certified community development financial institution means an entity that is certified as a community development financial institution by the ,community ,development ,financial ,institutions ,fund established under section #ajd7;a7 of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgjc7;a774 7,,ii7 ,lenders under program ,a certified community development financial institution shall have the authority to make and approve covered loans4 4 #b4 ,amendments to paycheck protection program and loan forgiveness 7a7 ,covered loan period ,section #g7;a77#cf77;,a77iii7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a77iii77 is amended by striking ,june #cj1 #bjbj and inserting ,december #ca1 #bjbj4 7b7 ,covered period for loan forgiveness and rehires ,section #aajf of the ,,cares ,act 7,public ,law #aaf-acf7 is amended-- 7#a7 in subsection 7a77#c71 by striking #h-week and inserting #bd-week2 and 7#b7 in subsection 7d77#e77;,b71 by striking ,june #cj1 #bjbj each place that term appears and inserting ,december #ca1 #bjbj4 #c4 ,reporting on paycheck protection program loans 7a7 ,definitions ,in this section-- 7#a7 the terms ,administration and ,administrator mean the ,small ,business ,administration and the ,administrator thereof1 respectively2 and 7#b7 the terms covered loan and eligible recipient have the meanings given those terms in section #g7;a77#cf77;,a7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a774 7b7 ,data collection ,with respect to each covered loan approved under section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 the ,administrator shall collect data on the eligible recipient of the covered loan1 which shall include the gender1 race1 ethnicity1 sex1 age1 ,tribal affiliation1 socioeconomic status1 and disability status of each eligible recipient4 7c7 ,publication 7#a7 ,in general ,the ,administrator shall make publicly available on the website of the ,administration1 in a disaggregated format1 the data collected under subsection 7b71 which shall be updated not later than #g days after the date on which a covered loan is approved4 7#b7 ,privacy considerations ,in publishing the data under paragraph 7#a71 the ,administrator shall take all necessary steps to protect the privacy of individuals whose personally identifiable information is included in that data4 #d4 ,appropriations for ,,cdfi ,fund 7a7 ,definitions ,in this section-- 7#a7 the term ,administrator means the ,administrator of the ,fund2 7#b7 the term community development financial institution has the meaning given the term in section #ajc of the ,riegle ,community ,development and ,regulatory ,improvement ,act of #aiid 7#ab ,u4,s4,c4 #dgjb72 and 7#c7 the term ,fund means the ,community ,development ,financial ,institutions ,fund established under section #ajd7;a77#a7 of the ,community ,development ,banking and ,financial ,institutions ,act of #aiid 7#ab ,u4,s4,c4 #dgjc7;a77#a774 7b7 ,appropriation ,subject to subsections 7c7 and 7d71 there is appropriated to the ,fund1 out of amounts in the ,treasury not otherwise appropriated1 #a1jjj1jjj1jjj for fiscal year #bjbj1 to remain available until expended4 7c7 ,requirements ,in providing assistance from the ,fund using amounts appropriated under subsection 7b71 the ,administrator shall-- 7#a7 give priority to minority-led community development financial institutions or community development financial institutions with demonstrable records of serving communities of color to promote economic recovery1 including operational support1 due to the impact of the novel ,coronavirus 7,,covid-#ai72 7#b7 determine the criteria for the selection of organizations to receive awards from the ,fund2 and 7#c7 make funds available not later than #fj days after the date of enactment of this ,act4 7d7 ,transfer ,amounts appropriated under subsection 7b7 may be transferred to and merged with amounts provided for administrative expenses of the ,fund under the heading ,community development financial institutions fund program account1 including administration of ,fund programs and the ,new ,markets ,tax ,credit ,program4 #e4 ,emergency designation 7a7 ,in general ,the amounts provided under this ,act are designated as an emergency requirement pursuant to section #d7;g7 of the ,statutory ,pay-,as-,you-,go ,act of #bjaj 7#b ,u4,s4,c4 #icc7;g774 7b7 ,designation in senate ,in the ,senate1 this ,act is designated as an emergency requirement pursuant to section #daab7;a7 of ,h4 ,con4 ,res4 #ga 7#aaeth ,congress71 the concurrent resolution on the budget for fiscal year #bjah4