S. 3709 — Introduced in Senate

II 116th CONGRESS 2d Session S. 3709 IN THE SENATE OF THE UNITED STATES May 13, 2020Mrs. Loeffler (for herself, Mr. Lankford, Mr. Rounds, and Mr. Cramer) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To increase the eligibility of nonprofit organizations for loans under the Paycheck Protection Program, and for other purposes. 1. Short title This Act may be cited as the Limiting Infant Fatality and Empowering Nonprofit Organization Workforces or the LIFE NOW Act. 2. Amendments to the Paycheck Protection Program (a) Eligibility of all nonprofit organizations for loans Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(D)) is amended— (1) in clause (i), by striking nonprofit organization, each place that term appears; (2) in clause (v), by striking nonprofit organization,; and (3) by striking clause (vi) and inserting the following: (vi) Eligibility for nonprofit organizations During the covered period, any nonprofit organization shall be eligible to receive a covered loan. . (b) Prohibition on funding for abortions Section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) is amended by adding at the end the following: (S) Prohibition on funding for abortions (i) In general Except as provided in clause (ii), no entity, including an affiliate, subsidiary, successor, or clinic thereof, that provides abortions shall be eligible to receive a covered loan. (ii) Exceptions Clause (i) shall not apply to— (I) a hospital, as defined in section 1861(e) of the Social Security Act (42 U.S.C. 1395x(e)); or (II) an abortion described in section 507(a) of division A of the Further Consolidated Appropriations Act, 2020 (Public Law 116–94). .