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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6037 Introduced in House (IH)]

<DOC>

118th CONGRESS
  1st Session
                                H. R. 6037

  To direct the Administrator of the Small Business Administration to 
establish the Emergency Micro-enterprise Recovery Grant Pilot Program, 
                        and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            October 24, 2023

  Ms. Tokuda (for herself and Mr. Case) introduced the following bill

                            October 25, 2023

  Referred to the Committee on Small Business, and in addition to the 
Committee on Ways and Means, for a period to be subsequently determined 
 by the Speaker, in each case for consideration of such provisions as 
        fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL

 
  To direct the Administrator of the Small Business Administration to 
establish the Emergency Micro-enterprise Recovery Grant Pilot Program, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Micro-enterprise Assistance and 
Urgent Investment for Supporting Trade, Recovery Operations, and 
Neighborhood Growth Act'' or the ``MAUI STRONG Act''.

SEC. 2. EMERGENCY MICRO-ENTERPRISE RECOVERY GRANT PILOT PROGRAM.

    (a) In General.--Not later than 60 days after the date of the 
enactment of this section, the Administrator of the Small Business 
Administration shall establish the ``Emergency Micro-enterprise 
Recovery Grant Pilot Program'' to award grants to eligible entities 
during the covered period.
    (b) Verification.--To receive a grant under this section, an 
eligible entity shall submit an application to the Administrator at 
such time and in such manner as the Administrator may reasonably 
require that contains a self-certification to verify that the entity 
which is applying is an eligible entity.
    (c) Order of Consideration.--The Administrator shall consider an 
application for a grant under this section in the order in which the 
application is received.
    (d) Amount.--The amount of a grant provided to an eligible entity 
under this section may not exceed $20,000.
    (e) Use of Funds.--An eligible entity receiving a grant under this 
section shall use the amounts provided under this section to--
            (1) address any allowable purpose for a loan made under 
        section 7(b)(2) of the Small Business Act (15 U.S.C. 
        636(b)(2));
            (2) maintain payroll;
            (3) purchase materials or equipment;
            (4) make rent or mortgage payments; or
            (5) pay for obligations that cannot be met due to revenue 
        losses.
    (f) Termination.--The authority to award grants under this section 
shall terminate on December 31, 2024.
    (g) Report.--Not later than 2 years after the date of the enactment 
of this Act, the Administrator shall submit to the Committee on Small 
Business of the House of Representatives and the Committee on Small 
Business and Entrepreneurship of the Senate a report evaluating the 
impact of the program.
    (h) Tax Exemption.--For purposes of the Internal Revenue Code of 
1986--
            (1) any grant made under this section shall not be included 
        in the gross income of the person that receives such grant; and
            (2) no deduction shall be denied, no tax attribute shall be 
        reduced, and no basis increase shall be denied, by reason of 
        the exclusion from gross income provided under paragraph (1) of 
        this subsection.
    (i) Authorization of Appropriations.--There is authorized to be 
appropriated to the Administrator $30,000,000 to carry out this 
section.
    (j) Definitions.--In this section:
            (1) The term ``Administrator'' means the Administrator of 
        the Small Business Administration.
            (2) The term ``covered period'' means the period beginning 
        on August 1, 2023, and ending on December 31, 2024.
            (3) The term ``eligible entity'' means an entity operating 
        on or after August 8, 2023, on the island of Maui that--
                    (A) is a private nonprofit organization; or
                    (B) experienced revenue loss between August 8, 
                2023, and December 31, 2023, and is--
                            (i) a small agricultural cooperative (as 
                        defined in section 3(j) of the Small Business 
                        Act (15 U.S.C. 632(j)));
                            (ii) a business with not more than 25 
                        employees;
                            (iii) any individual who operates under a 
                        sole proprietorship or as an independent 
                        contractor; or
                            (iv) any corporation all of the stock of 
                        which is owned by an employee stock ownership 
                        plan (as defined in section 4975(e)(7) of the 
                        Internal Revenue Code of 1986) with not more 
                        than 100 employees.
            (4) The term ``program'' means the Emergency Micro-
        enterprise Recovery Grant Pilot Program.
                                 <all>
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