S. 4446 — Introduced in Senate

II 116th CONGRESS 2d Session S. 4446 IN THE SENATE OF THE UNITED STATES August 5, 2020Mr. Bennet (for himself, Mr. Blumenthal, and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To waive affiliation rules under the paycheck protection program for Tribal business concerns with the same employer identification number, and for other purposes. 1. Short title This Act may be cited as the Tribal Business Access to PPP Act. 2. Waiver of affiliation rules under the paycheck protection program for Tribal business concerns with same EIN Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(36)(D)) is amended— (1) in clause (v), by striking , veterans organization, or Tribal business concern and inserting or veterans organization; and (2) by adding at the end the following: (vii) No affiliation between Tribal business concerns based on shared EIN During the covered period, for purposes of determining eligibility for a covered loan, affiliation shall not be found under section 121.103 of title 13, Code of Federal Regulations, or any successor regulation, between Tribal business concerns described in section 31(b)(2)(C) based solely on a shared employer identification number. .