ENTRÉE Act

To amend the American Rescue Plan Act of 2021 to provide additional appropriations for, and oversight of, the Restaurant Revitalization Fund, and for other purposes. 1. Short title This Act may be cited as Entrepreneurs Need Timely Replenishment (for) Eating Establishments Act ENTRÉE Act 2. Appropriations (a) In general In addition to amounts otherwise available, there is appropriated for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $60,000,000,000, to remain available until expended and to be deposited into the Restaurant Revitalization Fund established under Section 5003(b)(2)(A) of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9009c(b)(2)(A) Public Law 117–2 (b) Pay for There is hereby rescinded, from the unobligated amounts available under the following provisions of law, a total amount of $60,000,000,000: (1) Section 5002(b) of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9009 Public Law 117–2 (2) Section 602 of title VI of the Social Security Act ( 42 U.S.C. 802 (3) Section 603 of title VI of the Social Security Act ( 42 U.S.C. 803 3. Grant oversight and prioritization Section 5003 of the American Rescue Plan Act of 2021 ( 15 U.S.C. 9009c Public Law 117–2 (1) in subsection (c)— (A) in paragraph (2), by adding at the end the following new subparagraphs: (C) Process order The Administrator shall review and process applications in the order in which they are received. (D) Prevention of waste, fraud, and abuse The Administrator shall impose requirements on applicants for the purpose of reducing waste, fraud, and abuse. ; and (B) in paragraph (3)(A), by striking The Administrator may take (2) by adding at the end the following new subsections: (d) Oversight and audit plan (1) In general Not later than 45 days after the date of enactment of this subsection, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives an oversight and audit plan that details the policies and procedures of the Administrator for conducting oversight and an appropriate level of audits with respect to grants made under this section, which shall include the metrics used to determine which grants to audit. (2) Reports Not later than 60 days after the date of enactment of this subsection, and each month thereafter until the date that is 1 year after the date on which all amounts appropriated under subsection (b)(2) have been expended, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report on the oversight and audit activities carried out by the Administrator with respect to grants made under this section, which shall include for the period covered by the report— (A) the number of grants approved and disbursed; (B) the amount of grant funds received by each recipient; (C) the number of active investigations and audits of grants being conducted; (D) the number of completed investigations and audits of grants, including a description of any findings of fraud or other material noncompliance; and (E) any substantial changes made to the oversight and audit plan submitted under paragraph (1). (3) Identifiable or proprietary information The Administrator shall ensure that each report submitted pursuant to paragraph (2) is free from any identifiable or proprietary information of a grant recipient. .

Summary: Entrepreneurs Need Timely Replenishment (for) Eating Establishments Act or the ENTR&Eacute;E Act This bill provides FY2021 supplemental appropriations for the Restaurant Revitalization Fund and modifies requirements related to administration of the fund. The fund was established in response to COVID-19 to make grants to eligible food and beverage purveyors for covering specified costs such as payroll, operational expenses, and paid sick leave. The bill correspondingly rescinds unobligated amounts previously made available for the Economic Injury Disaster Loan Program and coronavirus state and local fiscal recovery funds. Further, the bill requires the Small Business Administration (SBA) to (1) review and process grant applications in the order in which they are received; (2) impose requirements on applicants that reduce waste, fraud, and abuse; and (3) submit and report monthly on an oversight and audit plan outlining the SBA's policies, procedures, and activities with respect to these grants.