S. 3907 — Introduced in Senate

II 116th CONGRESS 2d Session S. 3907 IN THE SENATE OF THE UNITED STATES June 8, 2020Ms. Collins introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To provide that all critical access hospitals are eligible for loans under the paycheck protection program, and for other purposes. 1. Short title This Act may be cited as the PPP for Critical Access Hospitals Act. 2. Inclusion of critical access hospitals in the paycheck protection program Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(36)(D)) is amended by adding at the end the following: (vii) Inclusion of critical access hospitals During the covered period, any nonprofit organization that is a critical access hospital (as defined in section 1861(mm) of the Social Security Act (42 U.S.C. 1395x(mm))) shall be eligible to receive a covered loan, regardless of the status of such a hospital as a debtor in a case under chapter 11 of title 11, Unites States Code, or the status of any debts owed by such a hospital to the Federal Government. .