,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cgjb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ab1 #bjbj,ms4    
,duckwor? 7= ,mr4 ,m>key 7= himself &   
,ms4 ,duckwor?77 introduc$ ! foll[+     
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,small ,bus9ess &         
,entrepr5eur%ip  ,a ,,bill  ,to         
appropriate additional am\nts to provide
 loans "u ! pay*eck protection program  
to community developm5t f9ancial        
in/itutions & m9ority depository        
in/itutions1 & = o!r purposes4  #a4     
,appropriations = ,c,d,f,is & m9ority   
depository in/itutions "u ! pay*eck     
protection program  7a7 ,def9itions ,9  
?is section-- 7#a7 ! t]m community      
developm5t f9ancial in/itution has !    
mean+ giv5 ! t]m 9 section #ajc ( !     
,riegle ,community ,developm5t &        
,regulatory ,improvem5t ,act ( #aiid    
7#ab ,u4,s4,c4 #dgjb72 &  7#b7 ! t]m    
m9ority depository in/itution has !     
mean+ giv5 ! t]m 9 section #cjh ( !     
,f9ancial ,in/itutions ,re=m1 ,recov]y1 

& ,en=cem5t ,act ( #aihi 7#ab ,u4,s4,c4 
#adfc note74  7b7 ,additional           
appropriations  7#a7 ,9 g5]al ,!re is   
appropriat$1 out ( am\nts 9 ! ,treasury 
n o!rwise appropriat$1 = ! fiscal ye>   
end+ ,septemb] #cj1 #bjbj1 to rema9     
available until exp5d$1 = an additional 
am\nt #aj1jjj1jjj1jjj "u ! head+ ,small 
,bus9ess ,adm9i/ration--,bus9ess ,loans 
,program ,acc\nt1 ,,c>es ,act = ! co/ ( 
gu>ante$ loans z au?oriz$ "u section    
#g7;a77#cf7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcf7;a77#cf77 made on or
 aft] ! date ( enactm5t ( ?is ,act by   
community developm5t f9ancial           
in/itutions or m9ority depository       
in/itutions "u t section4  7#b7 ,set    
aside ,( am\nts appropriat$ "u p>agraph 
7#a7-- 7,a7 #e1jjj1jjj1jjj %all be =    
loans ( less ?an #aej1jjj made by       
community developm5t f9ancial           
in/itutions or m9ority depository       
in/itutions "u section #g7;a77#cf7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf772 &  7,b7 #b1ejj1jjj1jjj  

%all be = loans ( less ?an #ge1jjj made 
by community developm5t f9ancial        
in/itutions or m9ority depository       
in/itutions "u section #g7;a77#cf7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf774  7#c7 ,commitm5t level  
,section #aajb7;b77#a7 ( ! ,,c>es ,act  
7,public ,law #aaf-acf7 is am5d$ by     
/rik+ #fei1jjj1jjj1jjj & ins]t+         
#ffi1jjj1jjj1jjj4  7c7 ,te*nical        
assi/ance  7#a7 ,grant program ,!       
,secret>y ( ! ,treasury %all e/abli% a  
grant program to provide managem5t &    
te*nical assi/ance to community         
developm5t f9ancial in/itutions &       
m9ority depository in/itutions mak+     
loans "u section #g7;a77#cf7 ( ! ,small 
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcf7;a77#cf77 = :i* ! av]age loan am\nt
 is less ?an #ej1jjj4  7#b7 ,direct     
appropriations ,!re is appropriat$ to ! 
,secret>y ( ! ,treasury1 out ( am\nts 9 
! ,treasury n o!rwise appropriat$1 = !  
fiscal ye> end+ ,septemb] #cj1 #bjbj1 to
 rema9 available until exp5d$1          

#ajj1jjj1jjj to provide grants "u       
p>agraph 7#a74  7d7 ,c]tifi$ ,c,d,f,is z
 l5d]s "u ! pay*eck protection program  
,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 ,c]tifi$ ,c,d,f,is
 z l5d]s  7,i7 ,def9ition ,9 ?is clause1
 ! t]m c]tifi$ community developm5t     
f9ancial in/itution means an entity t is
 c]tifi$ z a community developm5t       
f9ancial in/itution by ! ,community     
,developm5t ,f9ancial ,in/itutions ,fund
 e/abli%$ "u section #ajd7;a7 ( !       
,riegle ,community ,developm5t &        
,regulatory ,improvem5t ,act ( #aiid    
7#ab ,u4,s4,c4 #dgjc7;a774  7,,ii7      
,l5d]s "u program ,a c]tifi$ community  
developm5t f9ancial in/itution %all h ! 
au?ority to make & approve cov]$ loans4 
4  #b4 ,am5dm5ts to pay*eck protection  
program & loan =giv5ess  7a7 ,cov]$ loan
 p]iod ,section #g7;a77#cf77;,a77iii7 ( 
! ,small ,bus9ess ,act 7#ae ,u4,s4,c4   
#fcf7;a77#cf77;,a77iii77 is am5d$ by    

/rik+ ,june #cj1 #bjbj & ins]t+ ,decemb]
 #ca1 #bjbj4  7b7 ,cov]$ p]iod = loan   
=giv5ess & rehires ,section #aajf ( !   
,,c>es ,act 7,public ,law #aaf-acf7 is  
am5d$-- 7#a7 9 subsection 7a77#c71 by   
/rik+ #h-week & ins]t+ #bd-week2 &  7#b7
 9 subsection 7d77#e77;,b71 by /rik+    
,june #cj1 #bjbj ea* place t t]m appe>s 
& ins]t+ ,decemb] #ca1 #bjbj4  #c4      
,report+ on pay*eck protection program  
loans  7a7 ,def9itions ,9 ?is section-- 
7#a7 ! t]ms ,adm9i/ration & ,adm9i/rator
 mean ! ,small ,bus9ess ,adm9i/ration & 
! ,adm9i/rator !re(1 respectively2 &    
7#b7 ! t]ms cov]$ loan & eligible       
recipi5t h ! mean+s giv5 ^? t]ms 9      
section #g7;a77#cf77;,a7 ( ! ,small     
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcf7;a77#cf77;,a774  7b7 ,data         
collection ,) respect to ea* cov]$ loan 
approv$ "u section #g7;a77#cf7 ( !      
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf771 ! ,adm9i/rator %all     
collect data on ! eligible recipi5t ( ! 
cov]$ loan1 :i* %all include ! g5d]1    

race1 e?nicity1 sex1 age1 ,tribal       
affiliation1 socioeconomic /atus1 &     
disability /atus ( ea* eligible         
recipi5t4  7c7 ,publication  7#a7 ,9    
g5]al ,! ,adm9i/rator %all make publicly
 available on ! website ( !             
,adm9i/ration1 9 a disaggregat$ =mat1 ! 
data collect$ "u subsection 7b71 :i*    
%all be updat$ n lat] ?an #g days aft] !
 date on :i* a cov]$ loan is approv$4   
7#b7 ,privacy consid]ations ,9 publi%+ !
 data "u p>agraph 7#a71 ! ,adm9i/rator  
%all take all necess>y /eps to protect !
 privacy ( individuals ^: p]sonally     
id5tifiable in=mation is includ$ 9 t    
data4  #d4 ,appropriations = ,,cdfi     
,fund  7a7 ,def9itions ,9 ?is section-- 
7#a7 ! t]m ,adm9i/rator means !         
,adm9i/rator ( ! ,fund2  7#b7 ! t]m     
community developm5t f9ancial in/itution
 has ! mean+ giv5 ! t]m 9 section #ajc (
 ! ,riegle ,community ,developm5t &     
,regulatory ,improvem5t ,act ( #aiid    
7#ab ,u4,s4,c4 #dgjb72 &  7#c7 ! t]m    
,fund means ! ,community ,developm5t    

,f9ancial ,in/itutions ,fund e/abli%$ "u
 section #ajd7;a77#a7 ( ! ,community    
,developm5t ,bank+ & ,f9ancial          
,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4
 #dgjc7;a77#a774  7b7 ,appropriation    
,subject to subsections 7c7 & 7d71 !re  
is appropriat$ to ! ,fund1 out ( am\nts 
9 ! ,treasury n o!rwise appropriat$1    
#a1jjj1jjj1jjj = fiscal ye> #bjbj1 to   
rema9 available until exp5d$4  7c7      
,requirem5ts ,9 provid+ assi/ance f !   
,fund us+ am\nts appropriat$ "u         
subsection 7b71 ! ,adm9i/rator %all--   
7#a7 give priority to m9ority-l$        
community developm5t f9ancial           
in/itutions or community developm5t     
f9ancial in/itutions ) demon/rable      
records ( s]v+ communities ( color to   
promote economic recov]y1 includ+       
op]ational support1 due to ! impact ( ! 
novel ,coronavirus 7,,covid-#ai72  7#b7 
det]m9e ! crit]ia = ! selection (       
organizations to receive aw>ds f !      
,fund2 &  7#c7 make funds available n   
lat] ?an #fj days aft] ! date ( enactm5t

 ( ?is ,act4  7d7 ,transf] ,am\nts      
appropriat$ "u subsection 7b7 may be    
transf]r$ to & m]g$ ) am\nts provid$ =  
adm9i/rative exp5ses ( ! ,fund "u !     
head+ ,community developm5t f9ancial    
in/itutions fund program acc\nt1 includ+
 adm9i/ration ( ,fund programs & ! ,new 
,m>kets ,tax ,cr$it ,program4  #e4      
,em]g5cy designation  7a7 ,9 g5]al ,!   
am\nts provid$ "u ?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