,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #dcjh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #bc1 #bjbj,ms4   
,s9ema 7= h]self1 ,mr4 ,cornyn1 & ,ms4  
,h>ris7 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,social  
,security ,act to include special       
di/ricts 9 ! coronavirus relief fund1 to
 direct ! ,secret>y to include special  
di/ricts z an eligible issu] "u !       
,municipal ,liquidity ,facility1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,special ,di/ricts      
,provide ,ess5tial ,s]vices ,act4  #b4  
,inclusion ( special di/ricts 9 !       
coronavirus relief fund  7a7 ,9 g5]al   
,section #fja7;a7 ( ! ,social ,security 
,act 7#db ,u4,s4,c4 #hja7;a77 is am5d$  
by add+ at ! end ! foll[+ new p>agraph3 
7#c7 ,funds = special di/ricts ,if an   
am\nt 9 excess ( #aej1jjj1jjj1jjj is    
appropriat$ = paym5ts made "u ?is       
section1 special di/ricts %all be       
eligible = paym5ts f ! portion ( su*    

excess am\nt paid to ,/ates 9 accordance
 ) subsection 7c77#f74  4  7b7 ,am\nt = 
special di/ricts ,section #fja7;c7 ( !  
,social ,security ,act 7#db ,u4,s4,c4   
#hja7;c77 is am5d$-- 7#a7 by r$esignat+ 
p>agraphs 7#f7 ?r\gh 7#h7 z p>agraphs   
7#h7 ?r\gh 7#aj71 respectively2 &  7#b7 
by ins]t+ aft] p>agraph 7#e7 ! foll[+   
new p>agraphs3  7#f7 ,special di/ricts  
7,a7 ,9 g5]al ,if a portion ( any excess
 am\nt describ$ 9 subsection 7a77#c7 is 
paid to a ,/ate1 ! ,/ate %all allocate  
at lea/ #e p]c5t ( su* portion =        
di/ribut+ paym5ts to special di/ricts 9 
! ,/ate t submit to ! ,gov]nor ( ! ,/ate
 or ! entity designat$ by ! ,gov]nor to 
di/ribute su* paym5ts 7ref]r$ to 9 ?is  
p>agraph z ! designat$ paym5t entity7 a 
reque/ = a paym5t dur+ ! ,,covid-#ai    
em]g5cy & in=mation describ$ 9          
subp>agraph 7,b7 demon/rat+ ! ne$ = !   
paym5t1 :i* ! ,gov]nor ( ! ,/ate or !   
designat$ paym5t entity has det]m9$1 on 
! basis ( a good fai? ef=t1 is accurate4
  7,b7 ,in=mation describ$ ,in=mation   

describ$ 9 ?is subp>agraph is writt5    
docum5tation demon/rat+ ) respect to a  
comp>able p]iod be=e ! ,,covid-#ai      
em]g5cy t ! special di/rict has exp]i5c$
 or is likely to exp]i5ce dur+ !        
,,covid-#ai em]g5cy-- 7i7 r$uc$ rev5ue  
or op]ational fund+ d]iv$ f provid$     
s]vices1 taxes1 fees1 or o!r s\rces (   
rev5ue2  7ii7 r$uc$ indirect fund+ f !  
,f$]al ,gov]nm5t1 ! ,/ate1 or a unit (  
g5]al gov]nm5t bel[ ! ,/ate level2 or   
7iii7 z a result ( ! ,,covid-#ai        
em]g5cy1 increas$ exp5ditures necess>y  
to cont9ue op]ations4  7,c7 ,am\nt (    
paym5t  7i7 ,9 g5]al ,subject to clauses
 7ii7 & 7iii71 ! am\nt ( ! paym5t = a   
special di/rict %all be det]m9$ by !    
,gov]nor or ! ,/ate or ! designat$      
paym5t entity1 tak+ into consid]ation ! 
ext5t ( a project$ budget %ortfall = !  
special di/rict dur+ ! ,,covid-#ai      
em]g5cy & ! ne$ ( ! special di/rict to  
supplem5t project$ rev5ue4  7ii7        
,limitation ,except z provid$ 9 clause  
7iii71 ! am\nt paid to a special di/rict

 %all n exce$ ! am\nt ( exp5ditures made
 by ! special di/rict = any qu>t] (     
cal5d> ye> #bjai4  7iii7 ,exception =   
provid]s ( ess5tial critical            
infra/ructure sector s]vices ,if a      
special di/rict provides ess5tial       
critical infra/ructure sector s]vices 7z
 def9$ by ! ,cyb]security &             
,infra/ructure ,security ,ag5cy ( !     
,dep>tm5t ( ,homel& ,security71 ! am\nt 
paid to ! special di/rict may exce$ !   
limit applicable "u clause 7ii74  7iv7  
,rule ( con/ruction ,no?+ 9 ! prec$+    
clauses ( ?is subp>agraph %all be       
con/ru$ z requir+ paym5t ( an am\nt     
suffici5t to provide a special di/rict )
 full op]ational fund+ dur+ !           
,,covid-#ai em]g5cy4  7,d7 ,responsible 
au?ority = rec\pm5t ,if x is det]m9$ t a
 paym5t made to a special di/rict did n 
comply ) ! requirem5ts ( ! prec$+       
subp>agraphs1 or 0 o!rwise fraudul5t or 
improp]1 ! special di/rict %all be      
liable = ! debt ow$ to ! ,f$]al         
,gov]nm5t "u subsection 7f71 unless all 

or a "p ( ! basis = su* det]m9ation is t
 ! det]m9ation requir$ "u subp>agraph   
7,a7 reg>d+ ! accuracy ( ! in=mation    
demon/rat+ ! ne$ = ! paym5t 0 n made 9  
good fai?1 9 :i* case ! ,/ate %all be   
liable = all or a "p ( su* debt1 z !    
,secret>y det]m9es appropriate4  7,e7   
,deadl9e = di/ribution ( funds ,paym5ts 
to special di/ricts 9 a ,/ate %all be   
di/ribut$ n lat] ?an #fj days aft] !    
,/ate receives a paym5t f any excess    
am\nt describ$ 9 subsection 7a77#c74    
7,f7 ,,covid-#ai em]g5cy ,= purposes (  
?is p>agraph1 ! t]m ,,covid-#ai em]g5cy 
means ! public heal? em]g5cy decl>$ by !
 ,secret>y ( ,heal? & ,human ,s]vices   
pursuant to section #cai ( ! ,public    
,heal? ,s]vice ,act on ,janu>y #ca1     
#bjbj1 entitl$ ,det]m9ation t a ,public 
,heal? ,em]g5cy ,exi/s ,nationwide z !  
,result ( ! #bjai ,novel ,coronavirus & 
includes any r5ewal ( su* decl>ation    
pursuant to su* section #cai4  7#g7     
,excess funds waiv]  7,a7 ,9 g5]al ,if a
 ,/ate has allocat$ funds f a paym5t to 

! ,/ate describ$ 9 p>agraph 7#f7 to     
special di/ricts 9 t ,/ate1 b has n met 
! #e p]c5t allocation requirem5t ( t    
p>agraph1 ! ,gov]nor ( ! ,/ate may      
submit to ! ,secret>y1 9 writ+1 a reque/
 = an excess funds waiv] to exempt !    
,/ate f hav+ to make additional         
allocations f su* funds to make up !    
rema9d] ( su* #e p]c5t requirem5t1 & to 
all[ ! ,/ate to use ! funds rema9+ 9    
accordance ) ?is section4  7,b7         
,requirem5ts ,a waiv] reque/ submitt$ "u
 subp>agraph 7,a7 %all provide-- 7i7    
in=mation reg>d+ h[ funds f ! paym5t to 
! ,/ate describ$ 9 p>agraph 7#f7 7      
allocat$ to special di/ricts 9 ! ,/ate &
 o!rwise us$2 &  7ii7 an explanation :y 
! requirem5t = ! ,/ate to meet ! #e     
p]c5t allocation requirem5t ( p>agraph  
7#f7 %\ld be waiv$4  7,c7 ,deadl9es  7i7
 ,waiv] reque/ ,a reque/ = an excess    
funds waiv] %all be submitt$ to !       
,secret>y n lat] ?an #fj days aft] !    
,/ate receives a paym5t describ$ 9      
p>agraph 7#f74  7ii7 ,approval or       

disapproval ,! ,secret>y %all approve or
 disapprove a waiv] reque/ submitt$ "u  
subp>agraph 7,a71 9 writ+1 n lat] ?an   
#ad days aft] ! ,secret>y receives !    
reque/4  4  7c7 ,def9ition ( special    
di/rict ,section #fja7;g7 ( ! ,social   
,security ,act 7#db ,u4,s4,c4 #hja7;g77 
is am5d$-- 7#a7 by r$esignat+ p>agraphs 
7#d7 ?r\gh 7#e7 z p>agraphs 7#e7 ?r\gh  
7#f71 respectively2 &  7#b7 by ins]t+   
aft] p>agraph 7#c7 ! foll[+ new         
p>agraph3  7#d7 ,special di/rict ,! t]m 
special di/rict means a political       
subdivision ( a ,/ate1 =m$ pursuant to  
g5]al law or special act ( ! ,/ate1 = ! 
purpose ( p]=m+ "o or m gov]nm5tal or   
propriet>y functions4  4  7d7 ,treasury 
,,ig ov]sight au?ority ,section         
#fja7;f77#b7 ( su* ,act 7#db ,u4,s4,c4  
#hja7;f77#b77 is am5d$-- 7#a7 by ins]t+ 
or t a special di/rict or ,/ate has n   
compli$ ) ! requirem5ts ( p>agraph 7#f7 
or 7#g7 ( subsection 7c7 7z applicable71
 aft] subsection 7d712 &  7#b7 by /rik+ 
su* subsection & ins]t+ subsection 7d7  

or p>agraph 7#f7 or 7#g7 ( subsection   
7c7 7z applicable74  7e7 ,update to     
guidance ,! ,secret>y ( ! ,treasury %all
 update any guidance issu$ ) respect to 
! ,coronavirus ,relief ,fund e/abli%$ "u
 section #fja ( ! ,social ,security ,act
 7#db ,u4,s4,c4 #hja7 to reflect !      
inclusion ( special di/ricts z eligible 
= paym5ts f am\nts appropriat$ "u su*   
section1 to ! ext5t su* am\nts exce$    
#aej1jjj1jjj1jjj4  #c4 ,includ+ special 
di/ricts 9 ! municipal liquidity        
facility ,! ,bo>d ( ,gov]nors ( ! ,f$]al
 ,res]ve ,sy/em %all include special    
di/ricts1 z def9$ 9 section #fja7;g77#d7
 ( ! ,social ,security ,act 7#db        
,u4,s4,c4 #hja7;g77#d77 7z add$ by      
section #b7;c771 z eligible issu]s 9 !  
,municipal ,liquidity ,facility program 
au?oriz$ "u section #ac7c7 ( ! ,f$]al   
,res]ve ,act 7#ab ,u4,s4,c4 #cdc7c774