,i #aag? ,,congress #a/ ,session ,h4 ,r4 #eaij ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #g1 #bjba,ms4 ,h\lahan 7= h]self & ,mr4 ,evans7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess ,a ,,bill ,to am5d ! ,small ,bus9ess ,act to include excess loan am\nt errors 9 ! =giv5ess ( a pay*eck protection program loan1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,small-,doll> ,,ppp ,=giv5ess ,simplification ,act ( #bjba4 #b4 ,simplifi$ application = cov]$ loans up to #cej1jjj 7a7 ,9 g5]al ,section #g;,a7l7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcfm7l77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 ! p>agraph head+1 by /rik+ #aej1jjj & ins]t+ #cej1jjj2 & 7,b7 by /rik+ n m ?an #aej1jjj ea* place x appe>s & ins]t+ less ?an or equal to #cej1jjj2 & 7#b7 9 p>agraph 7#b7-- 7,a7 9 ! p>agraph head+1 by /rik+ #aej1jjj & ins]t+ #cej1jjj2 & 7,b7 9 subp>agraph 7,a71 by /rik+ #aej1jjj & ins]t+ #cej1jjj4 7b7 ,effective date ,! am5dm5t made by ?is subsection %all be effective z if includ$ 9 ! ,economic ,aid to ,h>d-,hit ,small ,bus9esses1 ,nonpr(its1 & ,v5ues ,act 7,public ,law #aaf-bfj2 #acd ,/at4 #aiic7 & %all apply to any loan made pursuant to section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act1 includ+ =giv5ess ( su* a loan4 #c4 ,=giv5ess ( excess loan am\nts = pay*eck protection program loans 7a7 ,pay*eck protection program loans 7#a7 ,9 g5]al ,section #g;,a7a77#a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcfm7a77#a77 is am5d$ by ins]t+ be=e ! semicolon at ! end ! foll[+3 & includes any am\nt ( a cov]$ loan receiv$ due to an excess loan am\nt error 7z describ$ 9 ,proc$ural ,notice #ejjj-bjjgh ( ! ,adm9i/ration titl$ ,pay*eck ,protection ,program ,excess ,loan ,am\nt ,errors & dat$ ,janu>y #ae1 #bjba74 7#b7 ,con=m+ am5dm5t ,section #g;,a7l77#a77;,a77ii77,,ii7 ( ! ,small ,bus9ess ,act is am5d$ by /rik+ compli$ & ins]t+ act$ 9 good fai? to comply4 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all be effective z if includ$ 9 ! ,,c>es ,act 7,public ,law #aaf-acf2 #acd ,/at4 #bha7 & %all apply to any loan made pursuant to section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act1 includ+ =giv5ess ( su* a loan4 7#d7 ,applicability to loans already =giv5 ,! am5dm5ts made by ?is subsection %all apply to a loan made pursuant to section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 = :i* ! borr[] receiv$ =giv5ess be=e ! date ( enactm5t ( ?is ,act "u section #aajf ( ! ,,c>es ,act1 z 9 effect on ! day be=e ! date ( ! enactm5t ( ! ,economic ,aid to ,h>d-,hit ,small ,bus9esses1 ,nonpr(its1 & ,v5ues ,act 7,public ,law #aaf-bfj2 #acd ,/at4 #aiic71 or section #g;,a ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcfm71 z 9 effect on ! day be=e ! date ( enactm5t ( ?is ,act4 7b7 ,pay*eck protection program second draw loans 7#a7 ,9 g5]al ,section #g7;a77#cg77;,j77i7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cg77;,j77i77 is am5d$ to read z foll[s3 7i7 ,def9itions ,9 ?is subp>agraph-- 7,i7 ! t]m cov]$ loan includes any am\nt ( a cov]$ loan receiv$ due to an excess loan am\nt error 7z describ$ 9 ,proc$ural ,notice #ejjj-bjjgh ( ! ,adm9i/ration titl$ ,pay*eck ,protection ,program ,excess ,loan ,am\nt ,errors & dat$ ,janu>y #ae1 #bjba72 & 7,,ii7 ! t]m cov]$ p]iod has ! mean+ giv5 t t]m 9 section #g;,a7a74 4 7#b7 ,effective date ,! am5dm5t made by ?is subsection %all be effective z if includ$ 9 ! ,economic ,aid to ,h>d-,hit ,small ,bus9esses1 ,nonpr(its1 & ,v5ues ,act 7,public ,law #aaf-bfj2 #acd ,/at4 #aiic7 & %all apply to any loan made pursuant to section #g7;a77#cg7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cg77 be=e1 on1 or aft] ! date ( enactm5t ( ?is ,act1 includ+ =giv5ess ( su* a loan4 7#c7 ,applicability to loans already =giv5 ,! am5dm5t made by ?is subsection %all apply to a loan made pursuant to section #g7;a77#cg7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cg77 = :i* ! borr[] receiv$ =giv5ess be=e ! date ( enactm5t ( ?is ,act4