,,ii ,calendar ,no4 #ded #aafth ,,congress #b;d ,session ,s4 #chcc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ba1 #bjbj,mr4 ,rubio 7for himself1 ,mr4 ,cardin1 ,ms4 ,collins1 ,mrs4 ,shaheen1 ,mr4 ,durbin1 ,mr4 ,gardner1 ,mr4 ,daines1 ,mr4 ,tillis1 ,mr4 ,braun1 and ,mrs4 ,blackburn7 introduced the following bill2 which was read the first time ,june #a1 #bjbj,read the second time and placed on the calendar ,a ,,bill ,to extend the loan forgiveness period for the paycheck protection program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,paycheck ,protection ,program ,extension ,act4 #b4 ,amendments to the paycheck protection program and loan forgiveness 7a7 ,covered period and allowable uses for loans ,section #g7;a77#cf7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 is amended-- 7#a7 in subparagraph 7,a77iii71 by striking ,june #cj1 #bjbj and inserting ,december #ca1 #bjbj2 and 7#b7 in subparagraph 7,f7-- 7,a7 in subclause 7,,vi71 by striking and at the end2 7,b7 in subclause 7,,vii71 by striking the period at the end and inserting 2 and2 and 7,c7 by adding at the end the following3 7,,viii7 covered worker protection expenditures1 as defined in section #aajf7;a7 of the ,,cares ,act 7,public ,law #aaf-acf74 2 7b7 ,loan forgiveness ,section #aajf of the ,,cares ,act 7,public ,law #aaf-acf7 is amended-- 7#a7 in subsection 7a7-- 7,a7 in paragraph 7#c71 by striking #h-week and inserting #af-week2 7,b7 by redesignating paragraphs 7#f71 7#g71 and 7#h7 as paragraphs 7#g71 7#h7 and 7#i71 respectively2 7,c7 by inserting after paragraph 7#e7 the following3 7#f7 the term covered worker protection expenditure-- 7,a7 means an operating or a capital expenditure1 as determined in accordance with generally accepted accounting principles1 that is required to facilitate the adaptation of the business activities of an eligible recipient to comply with requirements established or guidance issued by the ,department of ,health and ,human ,services1 the ,centers for ,disease ,control1 or the ,occupational ,safety and ,health ,administration during the period beginning on ,march #a1 #bjbj and ending ,december #ca1 #bjbj related to the maintenance of standards for sanitation1 social distancing1 or any other worker or customer safety requirement related to ,,covid-#ai2 7,b7 may include-- 7i7 the purchase1 maintenance1 or renovation of assets that create or expand-- 7,i7 a drive-through window facility2 7,,ii7 an indoor1 outdoor1 or combined air or air pressure ventilation or filtration system2 7,,iii7 a physical barrier such as a sneeze guard2 7,,iv7 an indoor1 outdoor1 or combined commercial real property2 7,v7 an onsite or offsite health screening capability2 or 7,,vi7 other assets relating to the compliance with the requirements or guidance described in subparagraph 7,a71 as determined by the ,administrator in consultation with the ,secretary of ,health and ,human ,services and the ,secretary of ,labor2 and 7ii7 the purchase of-- 7,i7 covered materials described in section #cbh4ajc7;a7 of title #dd1 ,code of ,federal ,regulations1 or any successor regulation2 7,,ii7 particulate filtering facepiece respirators approved by the ,national ,institute for ,occupational ,safety and ,health1 including those approved only for emergency use authorization2 or 7,,iii7 other kinds of personal protective equipment1 as determined by the ,administrator in consultation with the ,secretary of ,health and ,human ,services and the ,secretary of ,labor2 and 7,c7 does not include residential real property or intangible property4 2 and 7,d7 in paragraph 7#h71 as so redesignated-- 7i7 in subparagraph 7,c71 by striking and at the end2 and 7ii7 by adding at the end the following3 7,e7 covered worker protection expenditures2 and 2 7#b7 in subsection 7b71 by adding at the end the following3 7#e7 ,any covered worker protection expenditure4 2 7#c7 in subsection 7d7-- 7,a7 in paragraph 7#e77;,b7-- 7i7 by striking date of enactment of this ,act each place that term appears and inserting date of enactment of the ,paycheck ,protection ,program ,extension ,act2 and 7ii7 by striking ,june #cj1 #bjbj each place that term appears and inserting the date that is #af weeks after the date of the origination of the covered loan2 7,b7 by redesignating paragraph 7#f7 as paragraph 7#g72 and 7,c7 by inserting after paragraph 7#e7 the following3 7#f7 ,hold ,harmless 7,a7 ,in general ,the amount of loan forgiveness under this section received by an eligible recipient of a covered loan shall not be reduced because of a reduction in number of employees described in paragraph 7#b7 or a reduction relating to salary and wages described in paragraph 7#c7 that occurs outside of the #h-week safe harbor period of the eligible recipient described in subparagraph 7,b74 7,b7 #h-week safe harbor period ,an eligible recipient of a covered loan may elect a contiguous #h-week period that occurs during the covered period for purposes of the safe harbor period described in subparagraph 7,a74 7,c7 ,application date ,an eligible recipient that has a forgiveness amount under this section that is equivalent to the amount of the covered loan received by the recipient and that elects an #h-week safe harbor period described in subparagraph 7,b7 may apply for loan forgiveness at the end of the #h-week safe harbor period elected by the eligible recipient4 2 7#d7 in subsection 7e7-- 7,a7 in paragraph 7#b71 by inserting covered worker protection expenditures1 after lease obligations12 and 7,b7 in paragraph 7#c71 by inserting make payments on covered worker protection expenditures1 after rent obligation12 and 7#e7 by amending subsection 7h7 to read as follows3 7h7 ,hold harmless 7#a7 ,in general ,a lender may rely on any certification or documentation submitted by an applicant for a covered loan or an eligible recipient of a covered loan that-- 7,a7 is submitted pursuant to any statutory requirement relating to covered loans or any rule or guidance issued to carry out any action relating to covered loans2 and 7,b7 attests that the applicant or eligible recipient1 as applicable1 has accurately verified any certification or documentation provided to the lender4 7#b7 ,no enforcement action ,with respect to a lender that relies on a certification or documentation described in paragraph 7#a7-- 7,a7 an enforcement action may not be taken against the lender acting in good faith relating to origination or forgiveness of a covered loan based on such reliance2 and 7,b7 the lender acting in good faith shall not be subject to any penalties relating to origination or forgiveness of a covered loan based on such reliance4 4 ,june #a1 #bjbj,read the second time and placed on the calendar