,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #chfe  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #b1 #bjbj,mr4    
,portman 7= himself1 ,mr4 ,c>d91 ,mr4   
,lank=d1 & ,mr4 ,book]7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,small ,bus9ess &    
,entrepr5eur%ip  ,a ,,bill  ,to provide 
= ! treatm5t ( c]ta9 crim9al violations 
"u ! pay*eck protection program1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,pay*eck ,protection    
,program ,second ,*ance ,act4  #b4      
,treatm5t ( c]ta9 crim9al violations "u 
! pay*eck protection program  7a7 ,9    
g5]al ,section #g7;a77#cf7 ( ! ,small   
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcf7;a77#cf77 is am5d$ by add+ at ! end
 ! foll[+3  7,t7 ,treatm5t ( c]ta9      
crim9al violations  7i7 ,arre/s or      
convictions ,except z provid$ 9 clause  
7ii71 an entity t is a bus9ess1         
organization1 coop]ative1 or ent]prise  
%all be an eligible recipi5t not)/&+ an 
arre/ or conviction "u ,f$]al1 ,/ate1 or

 ,tribal law ( an own] ( n less ?an #bj 
p]c5t ( ! equity ( ! entity1 unless !   
own] is inc>c]at$ on ! date on :i* !    
entity applies = a cov]$ loan4  7ii7    
,f9ancial fraud or deception ,not)/&+   
clause 7i71 an entity t is a bus9ess1   
organization1 coop]ative1 or ent]prise  
may n receive a cov]$ loan if1 dur+ !   
#e-ye> p]iod prec$+ ! date on :i* !     
entity applies = a cov]$ loan1 an own] (
 n less ?an #bj p]c5t ( ! equity ( !    
entity has be5 convict$ ( a felony (    
f9ancial fraud or deception "u ,f$]al1  
,/ate1 or ,tribal law4  7iii7 ,waiv] ,! 
,adm9i/rator may waive ! requirem5ts "u 
clause 7ii74  4  7b7 ,rulemak+ ,n lat]  
?an #ae days aft] ! date ( enactm5t (   
?is ,act1 ! ,adm9i/rator ( ! ,small     
,bus9ess ,adm9i/ration %all make        
necess>y revisions to any rules ( !     
,adm9i/ration to c>ry out ! am5dm5t made
 by subsection 7a74