,,ii #aaf? ,,congress #b;d ,session ,s4 #chei ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #a1 #bjbj,mrs4 ,loeffl] introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to ext5d ! cov]$ p]iod = ! pay*eck protection program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,pay*eck ,protection ,program ,timeframe ,modification & ,ext5sion ,act or ! ,,ppp ,,"t ,act4 #b4 ,am5dm5ts to ! pay*eck protection program & loan =giv5ess 7a7 ,ext5sion ( cov]$ p]iod = pay*eck protection program ,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+ ,augu/ #ae1 #bjbj4 7b7 ,loan =giv5ess ,section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf7 is am5d$-- 7#a7 9 subsection 7a77#c71 by /rik+ ! #h-week p]iod & ins]t+ any #h-week p]iod1 z select$ by an eligible recipi5t1 occurr+ dur+ ! #bd-week p]iod2 & 7#b7 9 subsection 7d7-- 7,a7 9 p>agraph 7#e77;,b71 by /rik+ ,june #cj1 #bjbj ea* place t t]m appe>s & ins]t+ ,augu/ #ae1 #bjbj2 7,b7 by r$esignat+ p>agraph 7#f7 z p>agraph 7#g72 & 7,c7 by ins]t+ aft] p>agraph 7#e7 ! foll[+3 7#f7 ,am\nt ( payroll co/s ,= purposes ( det]m9+ eligibility = & ! am\nt ( loan =giv5ess "u ?is section1 ! ,adm9i/rator may n require an eligible recipi5t to use m ?an #ej p]c5t ( ! proce$s ( a cov]$ loan = payroll co/s4 4 7c7 ,application ,! am5dm5ts made by ?is section %all apply to loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act4 #c4 ,delay ( paym5t ( employ] payroll taxes 7a7 ,9 g5]al ,section #bcjb7;a7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7 is am5d$ by /rik+ p>agraph 7#c74 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all be effective z if includ$ 9 ! ,,c>es ,act 7,public ,law #aaf-acf7 & %all apply to any loan made pursuant to section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 or section #aaji ( ! ,,c>es ,act 7,public ,law #aaf-acf74