,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #fjcg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #bd1 #bjbc    
,ms4 ,tokuda 7= h]self & ,mr4 ,case7    
introduc$ ! foll[+ bill  ,octob] #be1   
#bjbc ,ref]r$ to ! ,committee on ,small 
,bus9ess1 & 9 addition to ! ,committee  
on ,ways & ,means1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to direct !        
,adm9i/rator ( ! ,small ,bus9ess        
,adm9i/ration to e/abli% ! ,em]g5cy     
,micro-ent]prise ,recov]y ,grant ,pilot 
,program1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z !         
,micro-ent]prise ,assi/ance & ,urg5t    
,inve/m5t = ,support+ ,trade1 ,recov]y  
,op]ations1 & ,neighborhood ,gr[? ,act  
or ! ,,maui ,,/rong ,act4  #b4 ,em]g5cy 
,micro-ent]prise ,recov]y ,grant ,pilot 
,program  7a7 ,9 g5]al ,n lat] ?an #fj  
days aft] ! date ( ! enactm5t ( ?is     
section1 ! ,adm9i/rator ( ! ,small      

,bus9ess ,adm9i/ration %all e/abli% !   
,em]g5cy ,micro-ent]prise ,recov]y      
,grant ,pilot ,program to aw>d grants to
 eligible entities dur+ ! cov]$ p]iod4  
7b7 ,v]ification ,to receive a grant "u 
?is section1 an eligible entity %all    
submit an application to ! ,adm9i/rator 
at su* "t & 9 su* mann] z ! ,adm9i/rator
 may reasonably require t conta9s a     
self-c]tification to v]ify t ! entity   
:i* is apply+ is an eligible entity4    
7c7 ,ord] ( consid]ation ,! ,adm9i/rator
 %all consid] an application = a grant  
"u ?is section 9 ! ord] 9 :i* !         
application is receiv$4  7d7 ,am\nt ,!  
am\nt ( a grant provid$ to an eligible  
entity "u ?is section may n exce$       
#bj1jjj4  7e7 ,use ( funds ,an eligible 
entity receiv+ a grant "u ?is section   
%all use ! am\nts provid$ "u ?is section
 to--  7#a7 address any all[able purpose
 = a loan made "u section #g7;b77#b7 ( !
 ,small ,bus9ess ,act 7#ae ,u4,s4,c4    
#fcf7;b77#b772  7#b7 ma9ta9 payroll2    
7#c7 pur*ase mat]ials or equipm5t2  7#d7

 make r5t or mortgage paym5ts2 or  7#e7 
pay = obligations t _c be met due to    
rev5ue losses4  7f7 ,t]m9ation ,!       
au?ority to aw>d grants "u ?is section  
%all t]m9ate on ,decemb] #ca1 #bjbd4    
7g7 ,report ,n lat] ?an #b ye>s aft] !  
date ( ! enactm5t ( ?is ,act1 !         
,adm9i/rator %all submit to ! ,committee
 on ,small ,bus9ess ( ! ,h\se (         
,repres5tatives & ! ,committee on ,small
 ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate a
 report evaluat+ ! impact ( ! program4  
7h7 ,tax exemption ,= purposes ( !      
,int]nal ,rev5ue ,code ( #aihf--  7#a7  
any grant made "u ?is section %all n be 
includ$ 9 ! gross income ( ! p]son t    
receives su* grant2 &  7#b7 no d$uction 
%all be d5i$1 no tax attribute %all be  
r$uc$1 & no basis increase %all be d5i$1
 by reason ( ! exclusion f gross income 
provid$ "u p>agraph 7#a7 ( ?is          
subsection4  7i7 ,au?orization (        
appropriations ,!re is au?oriz$ to be   
appropriat$ to ! ,adm9i/rator           
#cj1jjj1jjj to c>ry out ?is section4    

7j7 ,def9itions ,9 ?is section3  7#a7 ,!
 t]m ,adm9i/rator means ! ,adm9i/rator (
 ! ,small ,bus9ess ,adm9i/ration4  7#b7 
,! t]m cov]$ p]iod means ! p]iod beg9n+ 
on ,augu/ #a1 #bjbc1 & end+ on ,decemb] 
#ca1 #bjbd4  7#c7 ,! t]m eligible entity
 means an entity op]at+ on or aft]      
,augu/ #h1 #bjbc1 on ! isl& ( ,maui t-- 
7,a7 is a private nonpr(it organization2
 or  7,b7 exp]i5c$ rev5ue loss betwe5   
,augu/ #h1 #bjbc1 & ,decemb] #ca1 #bjbc1
 & is-- 7i7 a small agricultural        
coop]ative 7z def9$ 9 section #c7;j7 ( !
 ,small ,bus9ess ,act 7#ae ,u4,s4,c4    
#fcb7;j7772  7ii7 a bus9ess ) n m ?an   
#be employees2  7iii7 any individual :o 
op]ates "u a sole proprietor%ip or z an 
indep5d5t contractor2 or  7iv7 any      
corporation all ( ! /ock ( :i* is own$  
by an employee /ock own]%ip plan 7z     
def9$ 9 section #dige7;e77#g7 ( !       
,int]nal ,rev5ue ,code ( #aihf7 ) n m   
?an #ajj employees4  7#d7 ,! t]m program
 means ! ,em]g5cy ,micro-ent]prise      
,recov]y ,grant ,pilot ,program4