,,ii #aaf? ,,congress #b;d ,session ,s4 #dafg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #b1 #bjbj,mr4 ,s*atz 7= himself & ,ms4 ,cortez ,ma/o7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to set ! int]e/ rate applicable to c]ta9 economic injury disa/] loans1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,small ,bus9ess ,disa/] ,loan ,enhancem5t ,act ( #bjbj4 #b4 ,economic injury disa/] loans 7a7 ,def9itions ,9 ?is section1 ! t]ms ,adm9i/ration & ,adm9i/rator means ! ,adm9i/ration & ! ,adm9i/rator !re(4 7b7 ,int]e/ rate ,not)/&+ any o!r provision ( law1 any economic injury disa/] loan made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 dur+ ! p]iod beg9n+ on ,febru>y #ae1 #bjbj1 & end+ on ,decemb] #ca1 #bjbj1 %all h an int]e/ rate ( n m ?an #a p]c5t4 7c7 ,additional loan = exi/+ borr[]s 7#a7 ,9 g5]al ,a recipi5t ( an economic disa/] injury loan made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 dur+ ! p]iod beg9n+ on ,febru>y #ae1 #bjbj1 & end+ on ,decemb] #ca1 #bjbj1 may submit to ! ,adm9i/ration an application = an additional am\nt to increase 9 ! am\nt ( t loan1 provid$ t ! aggregate am\nt receiv$ "u su* section by ! recipi5t dur+ t p]iod %all be n m ?an #b1jjj1jjj4 7#b7 ,consid]ation ,9 consid]+ an application submitt$ "u p>agraph 7#a71 ! ,adm9i/rator %all only consid] ! f9ancial ne$ & ability to repay ( ! applicant4 7d7 ,loans = new borr[]s ,) respect to an economic injury disa/] loan made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 dur+ ! p]iod beg9n+ on ! date ( enactm5t ( ?is ,act & end+ on ,decemb] #ca1 #bjbj-- 7#a7 ! ,adm9i/rator %all n impose a maximum loan am\nt limit t is l[] ?an #b1jjj1jjj2 & 7#b7 9 det]m9+ ! am\nt ( ! loan1 ! ,adm9i/rator %all only consid] ! f9ancial ne$ & ability to repay ( ! applicant4 7e7 ,em]g5cy ,,eidl grants ,section #aaaj7;e7 ( division ,a ( ! ,,c>es ,act 7,public ,law #aaf-acf7 is am5d$-- 7#a7 9 p>agraph 7#a71 by ins]t+ full be=e am\nt2 7#b7 9 p>agraph 7#c7-- 7,a7 by /rik+ ,! & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,except z provid$ 9 ?is p>agraph1 ! 2 & 7,b7 by add+ at ! end ! foll[+3 7,b7 ,additional am\nt ,a recipi5t ( an advance "u ?is subsection ( less ?an ! full am\nt reque/$ may submit to ! ,adm9i/rator a reque/ = an additional am\nt1 provid$ t ! aggregate am\nt receiv$ %all be n m ?an #aj1jjj or1 9 ! case ( an entity describ$ 9 subp>agraph 7,c71 n m ?an #be1jjj4 7,c7 ,increas$ am\nt = c]ta9 applicants 7i7 ,9 g5]al ,an eligible entity describ$ 9 p>agraph 7#a7 t suff]$ a decl9e 9 gross receipts ( n less ?an #ej p]c5t dur+ an #h-week p]iod betwe5 ,m>* #b1 #bjbj1 & ,decemb] #ca1 #bjbj1 relative to a comp>able #h-week p]iod imm$iately prec$+ ,m>* #b1 #bjbj1 or dur+ #bjai may reque/ an advance ( n m ?an #be1jjj4 7ii7 ,det]m9ation ( ne$ ,9 det]m9+ ! am\nt ( ! advance "u clause 7i71 ! ,adm9i/rator %all only consid] ! f9ancial ne$ ( ! applicant4 2 & 7#c7 9 p>agraph 7#g71 by /rik+ #bj1jjj1jjj1jjj & ins]t+ #dj1jjj1jjj1jjj4 7f7 ,appropriations ,out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 !re is appropriat$-- 7#a7 to ! ,adm9i/ration #hj1jjj1jjj1jjj to c>ry out subsection 7c72 & 7#b7 = an additional am\nt = ,em]g5cy ,,eidl ,grants = ! co/ ( em]g5cy ,,eidl grants au?oriz$ by section #aaaj ( division ,a ( ! ,,c>es ,act 7,public ,law #aaf-acf71 #bj1jjj1jjj1jjj1 to rema9 available until exp5d$1 to prev5t1 prep>e =1 & respond to coronavirus1 dome/ically or int]nationally4 7g7 ,transf] ( unobligat$ ,,pp am\nts to ,,eidl acc\nt ,any am\nts appropriat$ = loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 t are unobligat$ z ( ,augu/ #h1 #bjbj %all be transf]r$ to ! appropriations acc\nt "u ! head+ #8#8,small ,bus9ess ,adm9i/ration--,disa/] ,loans ,program ,acc\nt'' & made available = ! purpose ( c>ry+ out section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b774 7h7 ,em]g5cy designation 7#a7 ,9 g5]al ,! am\nts provid$ "u ?is section are designat$ z an em]g5cy requirem5t pursuant to section #d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act ( #bjaj 7#b ,u4,s4,c4 #icc7;g774 7#b7 ,designation 9 s5ate ,9 ! ,s5ate1 ?is section is designat$ z an em]g5cy requirem5t pursuant to section #daab7;a7 ( ,h4 ,con4 ,res4 #ga 7#aae? ,congress71 ! concurr5t resolution on ! budget = fiscal ye> #bjah4