,,ii #aaf? ,,congress #b;d ,session ,s4 #dbeh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bb1 #bjbj ,mr4 ,cornyn 7= himself & ,ms4 ,klobu*>7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to e/abli% a grant program = small live v5ue op]ators & tal5t repres5tatives4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,save our ,/ages ,act or ! ,,sos ,act4 #b4 ,grants = indep5d5t live v5ue op]ators 7a7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration4 7#b7 ,eligible op]ator1 promot]1 produc]1 or tal5t repres5tative 7,a7 ,9 g5]al ,! t]m eligible op]ator1 promot]1 produc]1 or tal5t repres5tative means a live v5ue op]ator or produc] or promot] or a tal5t repres5tative t meets ! foll[+ requirem5ts3 7i7 ,! live v5ue op]ator or produc] or promot] or ! tal5t repres5tative 0 fully op]ational z a live v5ue op]ator or produc] or promot] or tal5t repres5tative on ,febru>y #bi1 #bjbj4 7ii7 ,z ( ! date ( ! grant "u ?is section-- 7,i7 ! live v5ue op]ator or produc] or promot] is organiz+1 promot+1 produc+1 manag+1 or ho/+ future ev5ts describ$ 9 p>agraph 7#d77;,a77i72 or 7,,ii7 ! tal5t repres5tative is repres5t+ or manag+ arti/s & ent]ta9]s4 7iii7 ,! v5ues at :i* ! live v5ue op]ator or produc] or promot] promotes1 produces1 manages1 or ho/s ev5ts describ$ 9 p>agraph 7#d77;,a77i7 or ! arti/s & ent]ta9]s repres5t$ or manag$ by ! tal5t repres5tative p]=m h ! foll[+ *>act]i/ics3 7,i7 ,a def9$ p]=mance & audi5ce space4 7,,ii7 ,a mix+ desk1 public address sy/em1 & light+ rig4 7,,iii7 ,employs n less ?an two ( ! foll[+3 7aa7 ,a s\nd eng9e]4 7bb7 ,a book]4 7cc7 ,a promot]4 7dd7 ,a /age manag]4 7ee7 ,security p]sonnel4 7ff7 ,a box (fice manag]4 7,,iv7 ,!re is a paid ticket or cov] *>ge to att5d mo/ p]=mances & arti/s are paid fairly & d n play = free or solely = tips1 except = legitimate fundrais]s or simil> *>itable ev5ts4 7,v7 ,= a v5ue own$ or op]at$ by a nonpr(it entity t produces free ev5ts1 ! ev5ts are produc$ & manag$ by paid employees1 n by volunte]s4 7,,vi7 ,p]=mances are m>ket$ ?r\gh li/+s 9 pr9t$ or electronic publications1 on websites1 by mass email1 or on social m$ia4 7iv7 ,! live v5ue op]ator or produc] or promot] or ! tal5t repres5tative does n h1 or is n majority own$ or controll$ by an entity )1 m ?an "o ( ! foll[+ *>act]i/ics3 7,i7 ,be+ an issu]1 ! securities ( :i* are li/$ on a national securities ex*ange4 7,,ii7 ,own+ or op]at+ v5ues or tal5t ag5cies or tal5t managem5t companies ) (fices 9 m ?an #a c\ntry4 7,,iii7 ,own+ or op]at+ v5ues 9 m ?an #aj ,/ates4 7,,iv7 ,employ+ m ?an #ejj employees1 det]m9$ on a full-"t equival5t basis 9 accordance ) subp>agraph 7,b74 7,v7 ,receiv+ m ?an #aj p]c5t ( gross rev5ue f ,f$]al fund+4 7,b7 ,calculation ( full-"t employees ,= purposes ( det]m9+ ! numb] ( full-"t equival5t employees "u subp>agraph 7,a77iv77,,iv7-- 7i7 any employee work+ n few] ?an #cj h\rs p] week %all be consid]$ a full-"t employee2 & 7ii7 any employee work+ n few] ?an #aj h\rs & few] ?an #cj h\rs p] week %all be c\nt$ z "o-half ( a full-"t employee4 7#c7 ,ex*ange2 issu]2 security ,! t]ms ex*ange1 issu]1 & security h ! mean+s giv5 su* t]ms 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a774 7#d7 ,live v5ue op]ator or produc] or promot] ,! t]m live v5ue op]ator or produc] or promot]-- 7,a7 means an individual or entity t-- 7i7 z n less ?an #gj p]c5t ( ! op]ations ( ! p]son1 organizes1 promotes1 sells tickets1 produces1 manages1 or ho/s live conc]ts1 com$y %[s1 !atrical productions1 or o!r ev5ts by p]=m+ arti/s & applies a cov] *>ge ?r\gh ticket+ or a front door entrance fee2 or 7ii7 makes tickets to ev5ts describ$ 9 clause 7i7 available = pur*ase by ! public an av]age ( n less ?an #fj days be=e ! date ( ! ev5t & pays p]=m]s 9 an ev5t describ$ 9 clause 7i7 9 an am\nt t is bas$ on a p]c5tage ( sales1 gu>antee 79 writ+ or /&>d contract71 or ano!r mutually b5eficial =mal agreem5t2 & 7,b7 includes an individual or entity describ$ 9 subp>agraph 7,a7 t-- 7i7 op]ates = pr(it or z a nonpr(it2 7ii7 is gov]nm5t-own$2 or 7iii7 is a corporation1 limit$ liability company1 or p>tn]%ip or op]at$ z a sole proprietor%ip4 7#e7 ,national securities ex*ange ,! t]m national securities ex*ange means an ex*ange regi/]$ z a national securities ex*ange "u section #f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;f74 7#f7 ,/ate ,! t]m ,/ate means-- 7,a7 a ,/ate2 7,b7 ! ,di/rict ( ,columbia2 7,c7 ! ,commonweal? ( ,pu]to ,rico2 & 7,d7 any o!r t]ritory or possession ( ! ,unit$ ,/ates4 7#g7 ,tal5t repres5tative ,! t]m tal5t repres5tative-- 7,a7 means an ag5t or manag] t-- 7i7 z n less ?an #gj p]c5t ( ! op]ations ( ! ag5t or manag]1 is engag$ 9 repres5t+ or manag+ arti/s & ent]ta9]s2 7ii7 books musicians1 com$ians1 actors1 or simil> p]=m+ arti/s prim>ily 9 indep5d5t v5ues or at fe/ivals2 & 7iii7 repres5ts p]=m]s describ$ 9 clause 7ii7 t are paid 9 an am\nt t is bas$ on ! numb] ( tickets sold1 or a simil> basis2 & 7,b7 includes an ag5t or manag] describ$ 9 subp>agraph 7,a7 t-- 7i7 op]ates = pr(it or z a nonpr(it2 7ii7 is gov]nm5t-own$2 or 7iii7 is a corporation1 limit$ liability company1 or p>tn]%ip or op]at$ z a sole proprietor%ip4 7b7 ,au?ority 7#a7 ,initial grants ,! ,adm9i/rator may make initial grants to eligible op]ators1 promot]s1 & tal5t repres5tatives 9 accordance ) ?is section4 7#b7 ,supplem5tal grants ,! ,adm9i/rator may make a supplem5tal grant 9 accordance ) ?is section to an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative t receives a grant "u p>agraph 7#a7 if1 z ( ,decemb] #a1 #bjbj1 ! rev5ues ( ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative = ! mo/ rec5t cal5d> qu>t] are n m ?an #bj p]c5t ( ! rev5ues ( ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative = ! correspond+ cal5d> qu>t] dur+ #bjai due to ! ,,covid-#ai p&emic4 7c7 ,am\nt 7#a7 ,initial grants ,a grant "u subsection 7b77#a7 %all be 9 ! am\nt equal to ! less] (-- 7,a7 ! am\nt equal to #de p]c5t ( ! gross rev5ue ( ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative dur+ #bjai2 7,b7 = an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative t began op]ations aft] ,janu>y #a1 #bjai1 ! am\nt equal to ! product obta9$ by multiply+-- 7i7 ! av]age mon?ly gross rev5ue = ea* full mon? dur+ :i* ! entity 0 9 op]ation dur+ #bjai2 by 7ii7 #f2 or 7,c7 #ab1jjj1jjj4 7#b7 ,supplem5tal grants ,a grant "u subsection 7b77#b7 %all be 9 ! am\nt equal to #ej p]c5t ( ! grant receiv$ by ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative "u subsection 7b77#a74 7d7 ,use ( funds 7#a7 ,tim+ 7,a7 ,exp5ses incurr$ 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 am\nts receiv$ "u a grant "u ?is section may be us$ = co/s incurr$ dur+ ! p]iod beg9n+ on ,m>* #a1 #bjbj1 & end+ on ,decemb] #ca1 #bjbj4 7ii7 ,ext5sion = supplem5tal grants ,if an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative receives a grant "u subsection 7b77#b71 am\nts receiv$ "u ei!r grant "u ?is section may be us$ = co/s incurr$ dur+ ! p]iod beg9n+ on ,m>* #a1 #bjbj1 & end+ on ,june #cj1 #bjba4 7,b7 ,exp5diture 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative %all return to ! ,adm9i/rator any am\nts receiv$ "u a grant "u ?is section t are n exp5d$ on or be=e ! date t is #a ye> aft] ! date ( disbursem5t ( ! grant4 7ii7 ,ext5sion = supplem5tal grants ,if an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative receives a grant "u subsection 7b77#b71 ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative %all return to ! ,adm9i/rator any am\nts receiv$ "u ei!r grant "u ?is section t are n exp5d$ on or be=e ! date t is #ah mon?s aft] ! date ( disbursem5t to ! eligible op]ator1 promot]1 produc]1 or tal5t repres5tative ( ! grant "u subsection 7b77#a74 7#b7 ,all[able exp5ses ,an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative may use am\nts receiv$ "u a grant "u ?is section =-- 7,a7 payroll co/s = employees & furl\gh$ employees1 includ+-- 7i7 co/s = cont9uation cov]age provid$ pursuant to "p #f ( subtitle ,b ( title ,i ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7o!r ?an "u section #fji71 title ,,xxii ( ! ,public ,heal? ,s]vice ,act1 section #dihj;,b ( ! ,int]nal ,rev5ue ,code ( #aihf 7o!r ?an subsection 7f77#a7 ( su* section ins(> z x relates to p$iatric vacc9es71 or section #hije;a ( title #e1 ,unit$ ,/ates ,code1 or "u a ,/ate program t provides comp>able cont9uation cov]age1 o!r ?an cov]age "u a heal? flexible sp5d+ arrangem5t "u a cafet]ia plan )9 ! mean+ ( section #abe ( ! ,int]nal ,rev5ue ,code ( #aihf2 or 7ii7 any o!r non-ca% b5efit2 7,b7 r5t2 7,c7 utilities2 7,d7 mortgage int]e/ paym5ts on exi/+ mortgages z ( ,febru>y #ae1 #bjbj2 7,e7 s*$ul$ int]e/ paym5ts on o!r s*$ul$ debt z ( ,febru>y #ae1 #bjbj2 7,f7 co/s relat$ to p]sonal protective equipm5t2 7,g7 paym5ts ( pr9cipal on out/&+ loans2 7,h7 paym5ts made to indep5d5t contractors1 z report$ on ,=m-#ajii ,,misc2 & 7,i7 o!r ord9>y & necess>y bus9ess exp5ses1 includ+-- 7i7 settl+ exi/+ debts ow$ to v5dors2 7ii7 ma9t5ance exp5ses2 7iii7 adm9i/rative co/s2 7iv7 taxes2 7v7 op]at+ leases2 7vi7 insurance2 & 7vii7 any o!r capital exp5diture or exp5se requir$ "u any ,/ate1 local1 or ,f$]al law or guidel9e relat$ to social di/anc+4 7#c7 ,prohibit$ exp5ses ,an eligible op]ator1 promot]1 produc]1 or tal5t repres5tative may n use am\nts receiv$ "u a grant "u ?is section-- 7,a7 to pur*ase real e/ate2 7,b7 = paym5ts ( int]e/ or pr9cipal on loans orig9at$ aft] ,febru>y #ae1 #bjbj2 7,c7 to inve/ or re-l5d funds2 7,d7 = contributions or exp5ditures to1 or on behalf (1 any political p>ty1 p>ty committee1 or c&idate = elective (fice2 or 7,e7 = any o!r use z may be prohibit$ by ! ,adm9i/rator4 7e7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ #aj1jjj1jjj1jjj to c>ry out ?is section4