S. 4069 — Introduced in Senate

II 116th CONGRESS 2d Session S. 4069 IN THE SENATE OF THE UNITED STATES June 25, 2020Mr. Daines introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation A BILL To amend the Small Business Act to provide that Major League Baseball franchises will be prohibited from receiving loans under the Paycheck Protection Program under certain circumstances, and for other purposes. 1. Short title This Act may be cited as the Support Baseball in Communities Act. 2. Eligibility for certain assistance (a) 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) Limitation for Major League Baseball teams Notwithstanding any other provision of this paragraph, if Major League Baseball reduces the number of Minor League Baseball teams that are affiliated with a Major League Baseball team, no Major League Baseball team shall be eligible to receive a covered loan. . (b) CARES Act programs Notwithstanding any other provision of law or regulation, if Major League Baseball reduces the number of Minor League Baseball teams that are affiliated with a Major League Baseball team, no Major League Baseball team shall be eligible to receive assistance under any program carried out under— (1) title IV of the CARES Act (Public Law 116–136); or (2) any of the amendments made by that title. (c) Retroactive effect This section, and the amendments made by this section, shall take effect as if enacted on the date of enactment of the CARES Act (Public Law 116–136).