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H.R. 6040 (116th): Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020


The text of the bill below is as of Feb 28, 2020 (Introduced). The bill was not enacted into law.


I

116th CONGRESS

2d Session

H. R. 6040

IN THE HOUSE OF REPRESENTATIVES

February 28, 2020

(for herself, Ms. Judy Chu of California, and Ms. Meng) introduced the following bill; which was referred to the Committee on Small Business

A BILL

To amend the Small Business Act to ensure small businesses affected by the onset of communicable diseases are eligible for disaster relief.

1.

Short title

This Act may be cited as the Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020.

2.

Economic injury loans for communicable diseases

(a)

Definition of a disaster

Section 3(k)(2) of the Small Business Act (15 U.S.C. 632(k)(2)) is amended—

(1)

in subparagraph (B), by striking and at the end;

(2)

in subparagraph (C), striking the period and inserting ; and; and

(3)

by adding at the end the following:

(D)

a communicable disease for which the Federal Government has issued a travel alert or travel warning.

.

(b)

Terms

Section 7(b)(2) of the Small Business Act (15 U.S.C. 636(b)(2)) is amended—

(1)

in subparagraph (D), by striking the period at the end and inserting ; or;

(2)

by inserting after subparagraph (D) the following:

(E)

a disaster described under section 3(k)(2)(D) for which the Federal Government has issued a public health emergency.

; and

(3)

by adding at the end the following: A loan made pursuant to a disaster described under subparagraph (E) shall not require the payment of interest..

(c)

Applicability

The amendments made by this section shall apply to a communicable disease—

(1)

for which the Federal Government issues a travel alert or travel warning before, on, or after the date of enactment of this Act; and

(2)

the effects of which are experienced on or after the date of enactment of this Act.