H. R. 133—786 
COVID-related Tax Relief Act of 2020), no refund 
or credit shall be made or allowed under this sub-
section after the earlier of— 
‘‘(aa) such date as is determined appro-
priate by the Secretary, or 
‘‘(bb) September 30, 2021. 
‘‘(B) DELIVERY
OF
PAYMENTS.—Notwithstanding any 
other provision of law, the Secretary may certify and dis-
burse refunds payable under this subsection electronically 
to— 
‘‘(i) any account to which the payee authorized, 
on or after January 1, 2019, the delivery of a refund 
of taxes under this title or of a Federal payment (as 
defined in section 3332 of title 31, United States Code), 
‘‘(ii) any account belonging to a payee from which 
that individual, on or after January 1, 2019, made 
a payment of taxes under this title, or 
‘‘(iii) any Treasury-sponsored account (as defined 
in section 208.2 of title 31, Code of Federal Regula-
tions). 
‘‘(C) WAIVER OF CERTAIN RULES.—Notwithstanding sec-
tion 3325 of title 31, United States Code, or any other 
provision of law, with respect to any payment of a refund 
under this subsection, a disbursing official in the executive 
branch of the United States Government may modify pay-
ment information received from an officer or employee 
described in section 3325(a)(1)(B) of such title for the pur-
pose of facilitating the accurate and efficient delivery of 
such payment. Except in cases of fraud or reckless neglect, 
no liability under sections 3325, 3527, 3528, or 3529 of 
title 31, United States Code, shall be imposed with respect 
to payments made under this subparagraph. 
‘‘(4) NO INTEREST.—No interest shall be allowed on any 
overpayment attributable to this subsection. 
‘‘(5) APPLICATION
TO
CERTAIN
INDIVIDUALS
WHO
DO
NOT 
FILE A RETURN OF TAX FOR 2019.— 
‘‘(A) IN GENERAL.—In the case of a specified individual 
who, at the time of any determination made pursuant 
to paragraph (3), has not filed a tax return for the year 
described in paragraph (1), the Secretary may use informa-
tion with respect to such individual which is provided by— 
‘‘(i) in the case of a specified social security bene-
ficiary or a specified supplemental security income 
recipient, the Commissioner of Social Security, 
‘‘(ii) in the case of a specified railroad retirement 
beneficiary, the Railroad Retirement Board, and 
‘‘(iii) in the case of a specified veterans beneficiary, 
the Secretary of Veterans Affairs (in coordination with, 
and with the assistance of, the Commissioner of Social 
Security if appropriate). 
‘‘(B) SPECIFIED INDIVIDUAL.—For purposes of this para-
graph, the term ‘specified individual’ means any individual 
who is— 
‘‘(i) a specified social security beneficiary, 
‘‘(ii) a specified supplemental security income 
recipient,
H. R. 133—787 
‘‘(iii) a specified railroad retirement beneficiary, 
or 
‘‘(iv) a specified veterans beneficiary. 
‘‘(C) SPECIFIED SOCIAL SECURITY BENEFICIARY.— 
‘‘(i) IN GENERAL.—For purposes of this paragraph, 
the term ‘specified social security beneficiary’ means 
any individual who, for the last month for which the 
Secretary has available information as of the date of 
enactment of this section, is entitled to any monthly 
insurance benefit payable under title II of the Social 
Security Act (42 U.S.C. 401 et seq.), including pay-
ments made pursuant to sections 202(d), 223(g), and 
223(i)(7) of such Act. 
‘‘(ii) EXCEPTION.—For purposes of this paragraph, 
the term ‘specified social security beneficiary’ shall not 
include any individual if such benefit is not payable 
for such month by reason of section 202(x)(1)(A) of 
the Social Security Act (42 U.S.C. 402(x)(1)(A)) or sec-
tion 1129A of such Act (42 U.S.C. 1320a–8a). 
‘‘(D) 
SPECIFIED
SUPPLEMENTAL
SECURITY
INCOME 
RECIPIENT.— 
‘‘(i) IN GENERAL.—For purposes of this paragraph, 
the term ‘specified supplemental security income 
recipient’ means any individual who, for the last month 
for which the Secretary has available information as 
of the date of enactment of this section, is eligible 
for a monthly benefit payable under title XVI of the 
Social Security Act (42 U.S.C. 1381 et seq.), including— 
‘‘(I) payments made pursuant to section 
1614(a)(3)(C) of such Act (42 U.S.C. 1382c(a)(3)(C)), 
‘‘(II) payments made pursuant to section 
1619(a) (42 U.S.C. 1382h(a)) or subsections (a)(4), 
(a)(7), or (p)(7) of section 1631 (42 U.S.C. 1383) 
of such Act, and 
‘‘(III) State supplementary payments of the 
type referred to in section 1616(a) of such Act 
(42 U.S.C. 1382e(a)) (or payments of the type 
described in section 212(a) of Public Law 93–66) 
which are paid by the Commissioner under an 
agreement referred to in such section 1616(a) (or 
section 212(a) of Public Law 93–66). 
‘‘(ii) EXCEPTION.—For purposes of this paragraph, 
the term ‘specified supplemental security income 
recipient’ shall not include any individual if such 
monthly benefit is not payable for such month by rea-
son of section 1611(e)(1)(A) of the Social Security Act 
(42 U.S.C. 1382(e)(1)(A)) or section 1129A of such Act 
(42 U.S.C. 1320a–8a). 
‘‘(E) SPECIFIED RAILROAD RETIREMENT BENEFICIARY.— 
For purposes of this paragraph, the term ‘specified railroad 
retirement beneficiary’ means any individual who, for the 
last month for which the Secretary has available informa-
tion as of the date of enactment of this section, is entitled 
to a monthly annuity or pension payment payable (without 
regard to section 5(a)(ii) of the Railroad Retirement Act 
of 1974 (45 U.S.C. 231d(a)(ii))) under—
H. R. 133—788 
‘‘(i) section 2(a)(1) of such Act (45 U.S.C. 
231a(a)(1)), 
‘‘(ii) section 2(c) of such Act (45 U.S.C. 231a(c)), 
‘‘(iii) section 2(d)(1) of such Act (45 U.S.C. 
231a(d)(1)), or 
‘‘(iv) section 7(b)(2) of such Act (45 U.S.C. 
231f(b)(2)) with respect to any of the benefit payments 
described in subparagraph (C)(i). 
‘‘(F) SPECIFIED VETERANS BENEFICIARY.— 
‘‘(i) IN GENERAL.—For purposes of this paragraph, 
the term ‘specified veterans beneficiary’ means any 
individual who, for the last month for which the Sec-
retary has available information as of the date of enact-
ment of this section, is entitled to a compensation 
or pension payment payable under— 
‘‘(I) section 1110, 1117, 1121, 1131, 1141, or 
1151 of title 38, United States Code, 
‘‘(II) section 1310, 1312, 1313, 1315, 1316, or 
1318 of title 38, United States Code, 
‘‘(III) section 1513, 1521, 1533, 1536, 1537, 
1541, 1542, or 1562 of title 38, United States Code, 
or 
‘‘(IV) section 1805, 1815, or 1821 of title 38, 
United States Code, 
to a veteran, surviving spouse, child, or parent as 
described in paragraph (2), (3), (4)(A)(ii), or (5) of sec-
tion 101, title 38, United States Code. 
‘‘(ii) EXCEPTION.—For purposes of this paragraph, 
the term ‘specified veterans beneficiary’ shall not 
include any individual if such compensation or pension 
payment is not payable, or was reduced, for such month 
by reason of section 1505 or 5313 of title 38, United 
States Code. 
‘‘(G) SUBSEQUENT DETERMINATIONS AND REDETERMINA-
TIONS
NOT
TAKEN
INTO
ACCOUNT.—For purposes of this 
section, any individual’s status as a specified social security 
beneficiary, a specified supplemental security income 
recipient, a specified railroad retirement beneficiary, or 
a specified veterans beneficiary shall be unaffected by any 
determination or redetermination of any entitlement to, 
or eligibility for, any benefit, payment, or compensation, 
if such determination or redetermination occurs after the 
last month for which the Secretary has available informa-
tion as of the date of enactment of this section. 
‘‘(H) PAYMENT TO REPRESENTATIVE PAYEES AND FIDU-
CIARIES.— 
‘‘(i) IN GENERAL.—If the benefit, payment, or com-
pensation referred to in subparagraph (C)(i), (D)(i), 
(E), or (F)(i) with respect to any specified individual 
is paid to a representative payee or fiduciary, payment 
by the Secretary under paragraph (3) with respect 
to such specified individual shall be made to such 
individual’s representative payee or fiduciary and the 
entire payment shall be used only for the benefit of 
the individual who is entitled to the payment. 
‘‘(ii) APPLICATION OF ENFORCEMENT PROVISIONS.—
H. R. 133—789 
‘‘(I) In the case of a payment described in 
clause (i) which is made with respect to a specified 
social security beneficiary or a specified supple-
mental 
security 
income 
recipient, 
section 
1129(a)(3) of the Social Security Act (42 U.S.C. 
1320a–8(a)(3)) shall apply to such payment in the 
same manner as such section applies to a payment 
under title II or XVI of such Act. 
‘‘(II) In the case of a payment described in 
clause (i) which is made with respect to a specified 
railroad retirement beneficiary, section 13 of the 
Railroad Retirement Act (45 U.S.C. 231l) shall 
apply to such payment in the same manner as 
such section applies to a payment under such Act. 
‘‘(III) In the case of a payment described in 
clause (i) which is made with respect to a specified 
veterans beneficiary, sections 5502, 6106, and 6108 
of title 38, United States Code, shall apply to 
such payment in the same manner as such sections 
apply to a payment under such title. 
‘‘(I) INELIGIBILITY FOR SPECIAL RULE NOT TO BE INTER-
PRETED AS GENERAL INELIGIBILITY.—An individual shall not 
fail to be treated as an eligible individual for purposes 
of this subsection or subsection (a) merely because such 
individual is not a specified individual (including by reason 
of subparagraph (C)(ii), (D)(ii), or (F)(ii)). 
‘‘(6) NOTICE TO TAXPAYER.—As soon as practicable after 
the date on which the Secretary distributed any payment to 
an eligible taxpayer pursuant to this subsection, the Secretary 
shall send notice by mail to such taxpayer’s last known address. 
Such notice shall indicate the method by which such payment 
was made, the amount of such payment, and a phone number 
for the appropriate point of contact at the Internal Revenue 
Service to report any failure to receive such payment. 
‘‘(g) IDENTIFICATION NUMBER REQUIREMENT.— 
‘‘(1) IN GENERAL.—In the case of a return other than a 
joint return, the $600 amount in subsection (a)(1) shall be 
treated as being zero unless the taxpayer includes the valid 
identification number of the taxpayer on the return of tax 
for the taxable year. 
‘‘(2) JOINT RETURNS.—In the case of a joint return, the 
$1,200 amount in subsection (a)(1) shall be treated as being— 
‘‘(A) $600 if the valid identification number of only 
1 spouse is included on the return of tax for the taxable 
year, and 
‘‘(B) zero if the valid identification number of neither 
spouse is so included. 
‘‘(3) QUALIFYING CHILD.—A qualifying child of a taxpayer 
shall not be taken into account under subsection (a)(2) unless— 
‘‘(A) the taxpayer includes the valid identification 
number of such taxpayer (or, in the case of a joint return, 
the valid identification number of at least 1 spouse) on 
the return of tax for the taxable year, and 
‘‘(B) the valid identification number of such qualifying 
child is included on the return of tax for the taxable year. 
‘‘(4) VALID IDENTIFICATION NUMBER.—
H. R. 133—790 
‘‘(A) IN GENERAL.—For purposes of this subsection, the 
term ‘valid identification number’ means a social security 
number (as such term is defined in section 24(h)(7)). 
‘‘(B) ADOPTION
TAXPAYER
IDENTIFICATION
NUMBER.— 
For purposes of paragraph (3)(B), in the case of a qualifying 
child who is adopted or placed for adoption, the term ‘valid 
identification number’ shall include the adoption taxpayer 
identification number of such child. 
‘‘(5) SPECIAL RULE FOR MEMBERS OF THE ARMED FORCES.— 
Paragraph (2) shall not apply in the case where at least 1 
spouse was a member of the Armed Forces of the United 
States at any time during the taxable year and the valid 
identification number of at least 1 spouse is included on the 
return of tax for the taxable year. 
‘‘(6) COORDINATION WITH CERTAIN ADVANCE PAYMENTS.— 
In the case of any payment under subsection (f) which is based 
on information provided under paragraph (5) of such subsection, 
a valid identification number shall be treated for purposes 
of this subsection as included on the taxpayer’s return of tax 
if such valid identification number is provided pursuant to 
subsection (f)(5). 
‘‘(7) MATHEMATICAL OR CLERICAL ERROR AUTHORITY.—Any 
omission of a correct valid identification number required under 
this subsection shall be treated as a mathematical or clerical 
error for purposes of applying section 6213(g)(2) to such omis-
sion. 
‘‘(h) REGULATIONS.—The Secretary shall prescribe such regula-
tions or other guidance as may be necessary to carry out the 
purposes of this section, including any such measures as are deemed 
appropriate to avoid allowing multiple credits or rebates to a tax-
payer.’’. 
(b) ADMINISTRATIVE AMENDMENTS.— 
(1) DEFINITION
OF
DEFICIENCY.—Section 6211(b)(4)(A) is 
amended by striking ‘‘and 6428’’ and inserting ‘‘6428, and 
6428A’’. 
(2) MATHEMATICAL OR CLERICAL ERROR AUTHORITY.—Sec-
tion 6213(g)(2)(L) is amended by striking ‘‘or 6428’’ and 
inserting ‘‘6428, or 6428A’’. 
(c) TREATMENT OF POSSESSIONS.— 
(1) PAYMENTS TO POSSESSIONS.— 
(A) MIRROR CODE POSSESSION.—The Secretary of the 
Treasury shall pay to each possession of the United States 
which has a mirror code tax system amounts equal to 
the loss (if any) to that possession by reason of the amend-
ments made by this section. Such amounts shall be deter-
mined by the Secretary of the Treasury based on informa-
tion provided by the government of the respective posses-
sion. 
(B) 
OTHER
POSSESSIONS.—The 
Secretary 
of 
the 
Treasury shall pay to each possession of the United States 
which does not have a mirror code tax system amounts 
estimated by the Secretary of the Treasury as being equal 
to the aggregate benefits (if any) that would have been 
provided to residents of such possession by reason of the 
amendments made by this section if a mirror code tax 
system had been in effect in such possession. The preceding 
sentence shall not apply unless the respective possession
H. R. 133—791 
has a plan, which has been approved by the Secretary 
of the Treasury, under which such possession will promptly 
distribute such payments to its residents. 
(2) COORDINATION WITH CREDIT ALLOWED AGAINST UNITED 
STATES
INCOME
TAXES.—No credit shall be allowed against 
United States income taxes under section 6428A of the Internal 
Revenue Code of 1986 (as added by this section) to any person— 
(A) to whom a credit is allowed against taxes imposed 
by the possession by reason of the amendments made by 
this section, or 
(B) who is eligible for a payment under a plan described 
in paragraph (1)(B). 
(3) DEFINITIONS AND SPECIAL RULES.— 
(A) POSSESSION OF THE UNITED STATES.—For purposes 
of this subsection, the term ‘‘possession of the United 
States’’ includes the Commonwealth of Puerto Rico and 
the Commonwealth of the Northern Mariana Islands. 
(B) MIRROR CODE TAX SYSTEM.—For purposes of this 
subsection, the term ‘‘mirror code tax system’’ means, with 
respect to any possession of the United States, the income 
tax system of such possession if the income tax liability 
of the residents of such possession under such system is 
determined by reference to the income tax laws of the 
United States as if such possession were the United States. 
(C) TREATMENT OF PAYMENTS.—For purposes of section 
1324 of title 31, United States Code, the payments under 
this subsection shall be treated in the same manner as 
a refund due from a credit provision referred to in sub-
section (b)(2) of such section. 
(d) ADMINISTRATIVE PROVISIONS.— 
(1) EXCEPTION FROM REDUCTION OR OFFSET.—Any refund 
payable by reason of section 6428A(f) of the Internal Revenue 
Code of 1986 (as added by this section), or any such refund 
payable by reason of subsection (c) of this section, shall not 
be— 
(A) subject to reduction or offset pursuant to section 
3716 or 3720A of title 31, United States Code, 
(B) subject to reduction or offset pursuant to subsection 
(c), (d), (e), or (f) of section 6402 of the Internal Revenue 
Code of 1986, or 
(C) reduced or offset by other assessed Federal taxes 
that would otherwise be subject to levy or collection. 
(2) ASSIGNMENT OF BENEFITS.— 
(A) IN
GENERAL.—The right of any person to any 
applicable payment shall not be transferable or assignable, 
at law or in equity, and no applicable payment shall be 
subject to, execution, levy, attachment, garnishment, or 
other legal process, or the operation of any bankruptcy 
or insolvency law. 
(B) ENCODING
OF
PAYMENTS.—In the case of an 
applicable payment described in subparagraph (E)(iii)(I) 
that is paid electronically by direct deposit through the 
Automated Clearing House (ACH) network, the Secretary 
of the Treasury (or the Secretary’s delegate) shall—
H. R. 133—792 
(i) issue the payment using a unique identifier 
that is reasonably sufficient to allow a financial institu-
tion to identify the payment as an applicable payment, 
and 
(ii) further encode the payment pursuant to the 
same specifications as required for a benefit payment 
defined in section 212.3 of title 31, Code of Federal 
Regulations. 
(C) GARNISHMENT.— 
(i) ENCODED PAYMENTS.—In the case of a garnish-
ment order that applies to an account that has received 
an applicable payment that is encoded as provided 
in subparagraph (B), a financial institution shall follow 
the requirements and procedures set forth in part 212 
of title 31, Code of Federal Regulations, except— 
(I) notwithstanding section 212.4 of title 31, 
Code of Federal Regulations (and except as pro-
vided in subclause (II)), a financial institution shall 
not fail to follow the procedures of sections 212.5 
and 212.6 of such title with respect to a garnish-
ment order merely because such order has 
attached, or includes, a notice of right to garnish 
federal benefits issued by a State child support 
enforcement agency, and 
(II) a financial institution shall not, with 
regard to any applicable payment, be required to 
provide the notice referenced in sections 212.6 and 
212.7 of title 31, Code of Federal Regulations. 
(ii) OTHER PAYMENTS.—In the case of a garnish-
ment order (other than an order that has been served 
by the United States) that has been received by a 
financial institution and that applies to an account 
into which an applicable payment that has not been 
encoded as provided in subparagraph (B) has been 
deposited electronically on any date during the 
lookback period or into which an applicable payment 
that has been deposited by check on any date in the 
lookback period, the financial institution, upon the 
request of the account holder, shall treat the amount 
of the funds in the account at the time of the request, 
up to the amount of the applicable payment (in addition 
to any amounts otherwise protected under part 212 
of title 31, Code of Federal Regulations), as exempt 
from a garnishment order without requiring the con-
sent of the party serving the garnishment order or 
the judgment creditor. 
(iii) LIABILITY.—A financial institution that acts 
in good faith in reliance on clauses (i) or (ii) shall 
not be subject to liability or regulatory action under 
any Federal or State law, regulation, court or other 
order, or regulatory interpretation for actions con-
cerning any applicable payments. 
(D) NO RECLAMATION RIGHTS.—This paragraph shall 
not alter the status of applicable payments as tax refunds 
or other nonbenefit payments for purpose of any reclama-
tion rights of the Department of the Treasury or the
H. R. 133—793 
Internal Revenue Service as per part 210 of title 31, Code 
of Federal Regulations. 
(E) DEFINITIONS.—For purposes of this paragraph— 
(i) ACCOUNT HOLDER.—The term ‘‘account holder’’ 
means a natural person whose name appears in a 
financial institution’s records as the direct or beneficial 
owner of an account. 
(ii) ACCOUNT REVIEW.—The term ‘‘account review’’ 
means the process of examining deposits in an account 
to determine if an applicable payment has been depos-
ited into the account during the lookback period. The 
financial institution shall perform the account review 
following the procedures outlined in section 212.5 of 
title 31, Code of Federal Regulations and in accordance 
with the requirements of section 212.6 of title 31, Code 
of Federal Regulations. 
(iii) APPLICABLE PAYMENT.—The term ‘‘applicable 
payment’’ means— 
(I) any advance refund amount paid pursuant 
to section 6428A(f) of Internal Revenue Code of 
1986 (as added by this section), 
(II) any payment made by a possession of the 
United States with a mirror code tax system (as 
defined in subsection (c) of this section) pursuant 
to such subsection which corresponds to a payment 
described in subclause (I), and 
(III) any payment made by a possession of 
the United States without a mirror code tax system 
(as so defined) pursuant to subsection (c) of this 
section. 
(iv) 
GARNISHMENT.—The 
term 
‘‘garnishment’’ 
means execution, levy, attachment, garnishment, or 
other legal process. 
(v) GARNISHMENT ORDER.—The term ‘‘garnishment 
order’’ means a writ, order, notice, summons, judgment, 
levy, or similar written instruction issued by a court, 
a State or State agency, a municipality or municipal 
corporation, or a State child support enforcement 
agency, including a lien arising by operation of law 
for overdue child support or an order to freeze the 
assets in an account, to effect a garnishment against 
a debtor. 
(vi) 
LOOKBACK
PERIOD.—The 
term 
‘‘lookback 
period’’ means the two month period that begins on 
the date preceding the date of account review and 
ends on the corresponding date of the month two 
months earlier, or on the last date of the month two 
months earlier if the corresponding date does not exist. 
(3) AGENCY INFORMATION SHARING AND ASSISTANCE.— 
(A) IN GENERAL.—The Commissioner of Social Security, 
the Railroad Retirement Board, and the Secretary of Vet-
erans Affairs shall each provide the Secretary of the 
Treasury (or the Secretary’s delegate) such information 
and assistance as the Secretary of the Treasury (or the 
Secretary’s delegate) may require for purposes of—
H. R. 133—794 
(i) making payments under section 6428A(f) of the 
Internal Revenue Code of 1986 to individuals described 
in paragraph (5)(A) thereof, or 
(ii) providing administrative assistance to a posses-
sion of the United States (as defined in subsection 
(c)(3)(A)) to allow such possession to promptly dis-
tribute payments under subsection (c) to its residents. 
(B) EXCHANGE OF INFORMATION WITH POSSESSIONS.— 
Any information provided to the Secretary of the Treasury 
(or the Secretary’s delegate) pursuant to subparagraph 
(A)(ii) may be exchanged with a possession of the United 
States in accordance with the applicable tax coordination 
agreement for information exchange and administrative 
assistance that the Internal Revenue Service has agreed 
to with such possession. 
(e) PUBLIC
AWARENESS
CAMPAIGN.—The Secretary of the 
Treasury (or the Secretary’s delegate) shall conduct a public aware-
ness campaign, in coordination with the Commissioner of Social 
Security and the heads of other relevant Federal agencies, to provide 
information regarding the availability of the credit and rebate 
allowed under section 6428A of the Internal Revenue Code of 1986 
(as added by this section), including information with respect to 
individuals who may not have filed a tax return for taxable year 
2019. 
(f) APPROPRIATIONS
TO CARRY OUT REBATES
AND ADDRESS 
COVID-RELATED TAX ADMINISTRATION ISSUES.— 
(1) IN GENERAL.—Immediately upon the enactment of this 
Act, the following sums are appropriated, out of any money 
in the Treasury not otherwise appropriated, for the fiscal year 
ending September 30, 2021: 
(A) DEPARTMENT OF THE TREASURY.— 
(i) For an additional amount for ‘‘Department of 
the Treasury—Internal Revenue Service—Taxpayer 
Services’’, $178,335,000, to remain available until Sep-
tember 30, 2021. 
(ii) For an additional amount for ‘‘Department of 
the Treasury—Internal Revenue Service—Operations 
Support’’, $273,237,000, to remain available until Sep-
tember 30, 2021. 
(iii) For an additional amount for ‘‘Department 
of Treasury—Internal Revenue Service—Enforcement’’, 
$57,428,000, to remain available until September 30, 
2021. 
Amounts made available in appropriations under this 
subparagraph may be transferred between such appropria-
tions upon the advance notification of the Committees on 
Appropriations of the House of Representatives and the 
Senate. Such transfer authority is in addition to any other 
transfer authority provided by law. 
(B) SOCIAL SECURITY ADMINISTRATION.—For an addi-
tional amount for ‘‘Social Security Administration—Limita-
tion on Administrative Expenses’’, $38,000,000, to remain 
available until September 30, 2021. 
(C) RAILROAD RETIREMENT BOARD.—For an additional 
amount for ‘‘Railroad Retirement Board—Limitation on 
Administration’’, $8,300, to remain available until Sep-
tember 30, 2021.
H. R. 133—795 
(2) REPORTS.—No later than 15 days after enactment of 
this Act, the Secretary of the Treasury shall submit a plan 
to the Committees on Appropriations of the House of Represent-
atives and the Senate detailing the expected use of the funds 
provided by paragraph (1)(A). Beginning 90 days after enact-
ment of this Act, the Secretary of the Treasury shall submit 
a quarterly report to the Committees on Appropriations of 
the House of Representatives and the Senate detailing the 
actual expenditure of funds provided by paragraph (1)(A) and 
the expected expenditure of such funds in the subsequent 
quarter. 
(g) CONFORMING AMENDMENTS.— 
(1) Paragraph (2) of section 1324(b) of title 31, United 
States Code, is amended by inserting ‘‘6428A,’’ after ‘‘6428,’’. 
(2) The table of sections for subchapter B of chapter 65 
of subtitle F is amended by inserting after the item relating 
to section 6428 the following: 
‘‘Sec. 6428A. Additional 2020 recovery rebates for individuals.’’. 
SEC. 273. AMENDMENTS TO RECOVERY REBATES UNDER THE CARES 
ACT. 
(a) AMENDMENTS TO SECTION 6428 OF THE INTERNAL REVENUE 
CODE OF 1986.—Section 6428 is amended— 
(1) in subsection (c)(1), by inserting ‘‘or a surviving spouse 
(as defined in section 2(a))’’ after ‘‘joint return’’, 
(2) in subsection (f)— 
(A) in paragraph (3)(A), by striking ‘‘section’’ and 
inserting ‘‘subsection’’, 
(B) in paragraph (4), by striking ‘‘section’’ and inserting 
‘‘subsection’’, and 
(C) by redesignating paragraph (6) as paragraph (7) 
and by inserting after paragraph (5) the following new 
paragraph: 
‘‘(6) PAYMENT
TO
REPRESENTATIVE
PAYEES
AND
FIDU-
CIARIES.— 
‘‘(A) IN GENERAL.—In the case of any individual for 
which payment information is provided to the Secretary 
by the Commissioner of Social Security, the Railroad 
Retirement Board, or the Secretary of Veterans Affairs, 
the payment by the Secretary under paragraph (3) with 
respect to such individual may be made to such individual’s 
representative payee or fiduciary and the entire payment 
shall be— 
‘‘(i) provided to the individual who is entitled to 
the payment, or 
‘‘(ii) used only for the benefit of the individual 
who is entitled to the payment. 
‘‘(B) APPLICATION OF ENFORCEMENT PROVISIONS.— 
‘‘(i) In the case of a payment described in subpara-
graph (A) which is made with respect to a social secu-
rity beneficiary or a supplemental security income 
recipient, section 1129(a)(3) of the Social Security Act 
(42 U.S.C. 1320a–8(a)(3)) shall apply to such payment 
in the same manner as such section applies to a pay-
ment under title II or XVI of such Act.
H. R. 133—797 
of a qualifying child who is adopted or placed for adoption, 
the term ‘valid identification number’ shall include the 
adoption taxpayer identification number of such child. 
‘‘(4) SPECIAL RULE FOR MEMBERS OF THE ARMED FORCES.— 
Paragraphs (1)(B) and (2)(B) shall not apply in the case where 
at least 1 spouse was a member of the Armed Forces of the 
United States at any time during the taxable year and the 
valid identification number of at least 1 spouse is included 
on the return of tax for the taxable year. 
‘‘(5) MATHEMATICAL OR CLERICAL ERROR AUTHORITY.—Any 
omission of a correct valid identification number required under 
this subsection shall be treated as a mathematical or clerical 
error for purposes of applying section 6213(g)(2) to such omis-
sion.’’. 
(b) AMENDMENTS TO SECTION 2201 OF THE CARES ACT.—Sec-
tion 2201 of the CARES Act is amended— 
(1) in subsection (d), by striking ‘‘Any credit or refund 
allowed or made to any individual by reason of section 6428 
of the Internal Revenue Code of 1986 (as added by this section) 
or by reason of subsection (c) of this section’’ and inserting 
‘‘Any refund payable by reason of section 6428(f) of the Internal 
Revenue Code of 1986 (as added by this section), or any such 
refund payable by reason of subsection (c) of this section,’’, 
and 
(2) in subsection (f)(1)(A)(i), by inserting after ‘‘September 
30, 2021’’ the following: ‘‘, of which up to $63,000,000 may 
be transferred to the ‘‘Department of the Treasury—Bureau 
of the Fiscal Service—Debt Collection’’ for necessary expenses 
related to the implementation and operation of Government-
wide debt collection activities pursuant to sections 3711(g), 
3716, and 3720A of title 31, United States Code, and sub-
sections (c) through (f) of section 6402 of the Internal Revenue 
Code of 1986 to offset the loss resulting from the coronavirus 
pandemic of debt collection receipts collected pursuant to such 
sections: Provided, That amounts transferred pursuant to this 
clause shall be in addition to any other funds made available 
for this purpose’’. 
(c) EFFECTIVE DATE.—The amendments made by this section 
shall take effect as if included in section 2201 of the CARES 
Act. 
SEC. 274. EXTENSION OF CERTAIN DEFERRED PAYROLL TAXES. 
The Secretary of the Treasury (or the Secretary’s delegate) 
shall ensure that Internal Revenue Service Notice 2020–65 (entitled 
‘‘Relief with Respect to Employment Tax Deadlines Applicable to 
Employers Affected by the Ongoing Coronavirus (COVID–19) Dis-
ease 2019 Pandemic’’) and any successor or related regulation, 
notice, or guidance is applied— 
(1) by substituting ‘‘December 31, 2021’’ for ‘‘April 30, 2021’’ 
each place it appears therein, and 
(2) by substituting ‘‘January 1, 2022’’ for ‘‘May 1, 2021’’ 
each place it appears therein. 
SEC. 275. REGULATIONS OR GUIDANCE CLARIFYING APPLICATION OF 
EDUCATOR EXPENSE TAX DEDUCTION. 
Not later than February 28, 2021, the Secretary of the Treasury 
(or the Secretary’s delegate) shall by regulation or other guidance 
clarify that personal protective equipment, disinfectant, and other
H. R. 133—798 
supplies used for the prevention of the spread of COVID–19 are 
treated as described in section 62(a)(2)(D)(ii) of the Internal Revenue 
Code of 1986. Such regulations or other guidance shall apply to 
expenses paid or incurred after March 12, 2020. 
SEC. 276. CLARIFICATION OF TAX TREATMENT OF FORGIVENESS OF 
COVERED LOANS. 
(a) ORIGINAL PAYCHECK PROTECTION PROGRAM LOANS.— 
(1) IN GENERAL.—Subsection (i) of section 7A of the Small 
Business Act, as redesignated, transferred, and amended by 
the Economic Aid to Hard-Hit Small Businesses, Nonprofits, 
and Venues Act, is amended to read as follows: 
‘‘(i) TAX TREATMENT.—For purposes of the Internal Revenue 
Code of 1986— 
‘‘(1) no amount shall be included in the gross income of 
the eligible recipient by reason of forgiveness of indebtedness 
described in subsection (b), 
‘‘(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 by paragraph (1), 
and 
‘‘(3) in the case of an eligible recipient that is a partnership 
or S corporation— 
‘‘(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and 
‘‘(B) except as provided by the Secretary of the 
Treasury (or the Secretary’s delegate), any increase in the 
adjusted basis of a partner’s interest in a partnership under 
section 705 of the Internal Revenue Code of 1986 with 
respect to any amount described in subparagraph (A) shall 
equal the partner’s distributive share of deductions 
resulting from costs giving rise to forgiveness described 
in subsection (b).’’. 
(2) EFFECTIVE DATE.—The amendment made by this sub-
section shall apply to taxable years ending after the date of 
the enactment of the CARES Act. 
(b) SUBSEQUENT PAYCHECK PROTECTION PROGRAM LOANS.—For 
purposes of the Internal Revenue Code of 1986, in the case of 
any taxable year ending after the date of the enactment of this 
Act— 
(1) no amount shall be included in the gross income of 
an eligible entity (within the meaning of subparagraph (J) 
of section 7(a)(37) of the Small Business Act) by reason of 
forgiveness of indebtedness described in clause (ii) of such 
subparagraph, 
(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 by paragraph (1), 
and 
(3) in the case of an eligible entity that is a partnership 
or S corporation— 
(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and
H. R. 133—799 
(B) except as provided by the Secretary of the Treasury 
(or the Secretary’s delegate), any increase in the adjusted 
basis of a partner’s interest in a partnership under section 
705 of the Internal Revenue Code of 1986 with respect 
to any amount described in subparagraph (A) shall equal 
the partner’s distributive share of deductions resulting from 
costs giving rise to the forgiveness of indebtedness referred 
to in paragraph (1). 
SEC. 277. EMERGENCY FINANCIAL AID GRANTS. 
(a) IN GENERAL.—In the case of a student receiving a qualified 
emergency financial aid grant— 
(1) such grant shall not be included in the gross income 
of such individual for purposes of the Internal Revenue Code 
of 1986, and 
(2) such grant shall not be treated as described in subpara-
graph (A), (B), or (C) of section 25A(g)(2) of such Code. 
(b) DEFINITIONS.—For purposes of this subsection, the term 
‘‘qualified emergency financial aid grant’’ means— 
(1) any emergency financial aid grant awarded by an 
institution of higher education under section 3504 of the CARES 
Act, 
(2) any emergency financial aid grant from an institution 
of higher education made with funds made available under 
section 18004 of the CARES Act, and 
(3) any other emergency financial aid grant made to a 
student from a Federal agency, a State, an Indian tribe, an 
institution of higher education, or a scholarship-granting 
organization (including a tribal organization, as defined in sec-
tion 4 of the Indian Self-Determination and Education Assist-
ance Act (25 U.S.C.5304)) for the purpose of providing financial 
relief to students enrolled at institutions of higher education 
in response to a qualifying emergency (as defined in section 
3502(a)(4) of the CARES Act). 
(c) LIMITATION.—This section shall not apply to that portion 
of any amount received which represents payment for teaching, 
research, or other services required as a condition for receiving 
the qualified emergency financial aid grant. 
(d) EFFECTIVE DATE.—This section shall apply to qualified 
emergency financial aid grants made after March 26, 2020. 
SEC. 278. CLARIFICATION OF TAX TREATMENT OF CERTAIN LOAN 
FORGIVENESS AND OTHER BUSINESS FINANCIAL ASSIST-
ANCE. 
(a) 
UNITED
STATES
TREASURY
PROGRAM
MANAGEMENT 
AUTHORITY.—For purposes of the Internal Revenue Code of 1986— 
(1) no amount shall be included in the gross income of 
a borrower by reason of forgiveness of indebtedness described 
in section 1109(d)(2)(D) of the CARES Act, 
(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 by paragraph (1), 
and 
(3) in the case of a borrower that is a partnership or 
S corporation— 
(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for
H. R. 133—800 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and 
(B) except as provided by the Secretary of the Treasury 
(or the Secretary’s delegate), any increase in the adjusted 
basis of a partner’s interest in a partnership under section 
705 of the Internal Revenue Code of 1986 with respect 
to any amount described in subparagraph (A) shall equal 
the partner’s distributive share of deductions resulting from 
costs giving rise to forgiveness described in section 
1109(d)(2)(D) of the CARES Act. 
(b) 
EMERGENCY
EIDL 
GRANTS
AND
TARGETED
EIDL 
ADVANCES.—For purposes of the Internal Revenue Code of 1986— 
(1) any advance described in section 1110(e) of the CARES 
Act or any funding under section 331 of the Economic Aid 
to Hard-Hit Small Businesses, Nonprofits, and Venues Act shall 
not be included in the gross income of the person that receives 
such advance or funding, 
(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 by paragraph (1), 
and 
(3) in the case of a partnership or S corporation that 
receives such advance or funding— 
(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and 
(B) the Secretary of the Treasury (or the Secretary’s 
delegate) shall prescribe rules for determining a partner’s 
distributive share of any amount described in subparagraph 
(A) for purposes of section 705 of the Internal Revenue 
Code of 1986. 
(c) SUBSIDY FOR CERTAIN LOAN PAYMENTS.—For purposes of 
the Internal Revenue Code of 1986— 
(1) any payment described in section 1112(c) of the CARES 
Act shall not be included in the gross income of the person 
on whose behalf such payment is made, 
(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 by paragraph (1), 
and 
(3) in the case of a partnership or S corporation on whose 
behalf of a payment described in section 1112(c) of the CARES 
Act is made— 
(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and 
(B) except as provided by the Secretary of the Treasury 
(or the Secretary’s delegate), any increase in the adjusted 
basis of a partner’s interest in a partnership under section 
705 of the Internal Revenue Code of 1986 with respect 
to any amount described in subparagraph (A) shall equal 
the sum of the partner’s distributive share of deductions 
resulting from interest and fees described in section 1112(c) 
of the CARES Act and the partner’s share, as determined 
under section 752 of the Internal Revenue Code of 1986,
H. R. 133—801 
of principal described in section 1112(c) of the CARES 
Act. 
(d) GRANTS FOR SHUTTERED VENUE OPERATORS.—For purposes 
of the Internal Revenue Code of 1986— 
(1) any grant made under section 324 of the Economic 
Aid to Hard-Hit Small Businesses, Nonprofits, and Venues 
Act shall not be included in the gross income of the person 
that receives such grant, 
(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 by paragraph (1), 
and 
(3) in the case of a partnership or S corporation that 
receives such grant— 
(A) any amount excluded from income by reason of 
paragraph (1) shall be treated as tax exempt income for 
purposes of sections 705 and 1366 of the Internal Revenue 
Code of 1986, and 
(B) the Secretary of the Treasury (or the Secretary’s 
delegate) shall prescribe rules for determining a partner’s 
distributive share of any amount described in subparagraph 
(A) for purposes of section 705 of the Internal Revenue 
Code of 1986. 
(e) EFFECTIVE DATES.— 
(1) IN GENERAL.—Except as otherwise provided in this sub-
section, subsections (a), (b), and (c) shall apply to taxable years 
ending after the date of the enactment of the CARES Act. 
(2) GRANTS FOR SHUTTERED VENUE OPERATORS; TARGETED 
EIDL ADVANCES.—Subsection (d), and so much of subsection 
(b) as relates to funding under section 331 of the Economic 
Aid to Hard-Hit Small Businesses, Nonprofits, and Venues 
Act, shall apply to taxable years ending after the date of the 
enactment of this Act. 
SEC. 279. AUTHORITY TO WAIVE CERTAIN INFORMATION REPORTING 
REQUIREMENTS. 
The Secretary of the Treasury (or the Secretary’s delegate) 
may provide an exception from any requirement to file an informa-
tion return otherwise required by chapter 61 of the Internal Rev-
enue Code of 1986 with respect to any amount excluded from 
gross income by reason of section 7A(i) of the Small Business 
Act or section 276(b), 277, or 278 of this subtitle. 
SEC. 280. APPLICATION OF SPECIAL RULES TO MONEY PURCHASE PEN-
SION PLANS. 
(a) IN GENERAL.—Section 2202(a)(6)(B) of the CARES Act is 
amended by inserting ‘‘, and, in the case of a money purchase 
pension plan, a coronavirus-related distribution which is an in- 
service withdrawal shall be treated as meeting the distribution 
rules of section 401(a) of the Internal Revenue Code of 1986’’ before 
the period. 
(b) EFFECTIVE DATE.—The amendment made by this section 
shall apply as if included in the enactment of section 2202 of 
the CARES Act.
H. R. 133—803 
‘‘(B) which relates to the carryback period provided 
under section 172(b)(1)(B) of such Code with respect to 
any net operating loss arising in taxable years beginning 
in 2018 or 2019.’’. 
(b) EFFECTIVE DATE.—The amendment made by this section 
shall take effect as if included in section 2303 of the CARES 
Act. 
SEC. 282. OVERSIGHT AND AUDIT REPORTING. 
Section 19010(a)(1) of the CARES Act is amended by striking 
‘‘and’’ at the end of subparagraph (F), by striking ‘‘and’’ at the 
end of subparagraph (G), and by adding at the end the following 
new subparagraphs: 
‘‘(H) the Committee on Finance of the Senate; and 
‘‘(I) the Committee on Ways and Means of the House 
of Representatives; and’’. 
SEC. 
283. 
DISCLOSURES 
TO 
IDENTIFY 
TAX 
RECEIVABLES 
NOT 
ELIGIBLE FOR COLLECTION PURSUANT TO QUALIFIED 
TAX COLLECTION CONTRACTS. 
(a) IN GENERAL.—Section 1106 of the Social Security Act (42 
U.S.C. 1306) is amended by adding at the end the following: 
‘‘(g) Notwithstanding any other provision of this section, the 
Commissioner of Social Security shall enter into an agreement 
with the Secretary of the Treasury under which— 
‘‘(1) if the Secretary provides the Commissioner with the 
information described in section 6103(k)(15) of the Internal 
Revenue Code of 1986 with respect to any individual, the 
Commissioner shall indicate to the Secretary as to whether 
such individual receives disability insurance benefits under 
section 223 or supplemental security income benefits under 
title XVI (including State supplementary payments of the type 
referred to in section 1616(a) or payments of the type described 
in section 212(a) of Public Law 93–66); 
‘‘(2) appropriate safeguards are included to assure that 
the indication described in paragraph (1) will be used solely 
for the purpose of determining if tax receivables involving such 
individual are not eligible for collection pursuant to a qualified 
tax collection contract by reason of section 6306(d)(3)(E) of 
the Internal Revenue Code of 1986; and 
‘‘(3) the Secretary shall pay the Commissioner of Social 
Security the full costs (including systems and administrative 
costs) of providing the indication described in paragraph (1).’’. 
(b) AUTHORIZATION
OF DISCLOSURE
BY SECRETARY
OF
THE 
TREASURY.— 
(1) IN GENERAL.—Section 6103(k) is amended by adding 
at the end the following new paragraph: 
‘‘(15) DISCLOSURES
TO
SOCIAL
SECURITY
ADMINISTRATION 
TO IDENTIFY TAX RECEIVABLES NOT ELIGIBLE FOR COLLECTION 
PURSUANT TO QUALIFIED TAX COLLECTION CONTRACTS.—In the 
case of any individual involved with a tax receivable which 
the Secretary has identified for possible collection pursuant 
to a qualified tax collection contract (as defined in section 
6306(b)), the Secretary may disclose the taxpayer identity and 
date of birth of such individual to officers, employees, and 
contractors of the Social Security Administration to determine 
if such tax receivable is not eligible for collection pursuant
H. R. 133—804 
to such a qualified tax collection contract by reason of section 
6306(d)(3)(E).’’. 
(2) CONFORMING AMENDMENTS RELATED TO SAFEGUARDS.— 
(A) Section 6103(a)(3) is amended by striking ‘‘or (14)’’ 
and inserting ‘‘(14), or (15)’’. 
(B) Section 6103(p)(4) is amended— 
(i) by striking ‘‘(k)(8), (10) or (11)’’ both places 
it appears and inserting ‘‘(k)(8), (10), (11), or (15)’’, 
and 
(ii) by striking ‘‘any other person described in sub-
section (k)(10)’’ each place it appears and inserting 
‘‘any other person described in subsection (k)(10) or 
(15)’’. 
(C) Section 7213(a)(2) is amended by striking ‘‘(k)(10), 
(13), or (14)’’ and inserting ‘‘(k)(10), (13), (14), or (15)’’. 
(c) EFFECTIVE DATE.—The amendments made by this section 
shall apply to disclosures made on or after the date of the enactment 
of this Act. 
SEC. 284. MODIFICATION OF CERTAIN PROTECTIONS FOR TAXPAYER 
RETURN INFORMATION. 
(a) AMENDMENTS TO THE INTERNAL REVENUE CODE OF 1986.— 
(1) IN GENERAL.—Subparagraph (D) of section 6103(l)(13) 
is amended— 
(A) by inserting at the end of clause (iii) the following 
new sentence: ‘‘Under such terms and conditions as may 
be prescribed by the Secretary, after consultation with 
the Department of Education, an institution of higher edu-
cation described in subclause (I) or a State higher education 
agency described in subclause (II) may designate a con-
tractor of such institution or state agency to receive return 
information on behalf of such institution or state agency 
to administer aspects of the institution’s or state agency’s 
activities for the application, award, and administration 
of such financial aid.’’, and 
(B) by adding at the end the following: 
‘‘(iv) REDISCLOSURE TO OFFICE OF INSPECTOR GEN-
ERAL, INDEPENDENT
AUDITORS, AND
CONTRACTORS.— 
Any return information which is redisclosed under 
clause (iii)— 
‘‘(I) may be further disclosed by persons 
described in subclauses (I), (II), or (III) of clause 
(iii) or persons designated in the last sentence 
of clause (iii) to the Office of Inspector General 
of the Department of Education and independent 
auditors conducting audits of such person’s 
administration of the programs for which the 
return information was received, and 
‘‘(II) may be further disclosed by persons 
described in subclauses (I), (II), or (III) of clause 
(iii) to contractors of such entities, 
but only to the extent necessary in carrying out the 
purposes described in such clause (iii). 
‘‘(v) REDISCLOSURE TO FAMILY MEMBERS.—In addi-
tion to the purposes for which information is disclosed 
and used under subparagraphs (A) and (C), or redis-
closed under clause (iii), any return information so
H. R. 133—805 
disclosed or redisclosed may be further disclosed to 
any individual certified by the Secretary of Education 
as having provided approval under paragraph (1) or 
(2) of section 494(a) of the Higher Education Act of 
1965, as the case may be, for disclosure related to 
the income-contingent or income-based repayment plan 
under subparagraph (A) or the eligibility for, and 
amount of, Federal student financial aid described in 
subparagraph (C). 
‘‘(vi) REDISCLOSURE
OF
FAFSA
INFORMATION.— 
Return information received under subparagraph (C) 
may be redisclosed in accordance with subsection (c) 
of section 494 of the Higher Education Act of 1965 
(as in effect on the date of enactment of the COVID- 
related Tax Relief Act of 2020) to carry out the pur-
poses specified in such subsection.’’. 
(2) CONFORMING AMENDMENT.—Subparagraph (F) of section 
6103(l)(13) is amended by inserting ‘‘, and any redisclosure 
authorized under clause (iii), (iv) (v), or (vi) of subparagraph 
(D),’’ after ‘‘ or (C)’’. 
(3) CONFIDENTIALITY OF RETURN INFORMATION.— 
(A) 
Section 
6103(a)(3), 
as 
amended 
by 
section 
3516(a)(1) of the CARES Act, is amended by striking 
‘‘(13)(A), (13)(B), (13)(C), (13)(D)(i),’’ and inserting ‘‘(13) 
(other than subparagraphs (D)(v) and (D)(vi) thereof),’’. 
(B) Section 6103(p)(3)(A), as amended by section 
3516(a)(2) of such Act, is amended by striking ‘‘(13)(A), 
(13)(B), (13)(C), (13)(D)(i),’’ and inserting ‘‘(13)(D)(iv), 
(13)(D)(v), (13)(D)(vi)’’. 
(4) EFFECTIVE DATE.—The amendments made by this sub-
section shall apply to disclosures made after the date of the 
enactment of the FUTURE Act (Public Law 116–91). 
(b) AMENDMENTS TO THE HIGHER EDUCATION ACT OF 1965.— 
(1) IN GENERAL.—Section 494 of the Higher Education Act 
of 1965 (20 U.S.C. 1098h(a)) is amended— 
(A) in subsection (a)(1)— 
(i) in the matter preceding subparagraph (A), by 
inserting ‘‘, including return information,’’ after ‘‘finan-
cial information’’; 
(ii) in subparagraph (A)— 
(I) in clause (i)— 
(aa) by striking ‘‘subparagraph (B), the’’ 
and inserting the following: ‘‘subparagraph 
(B)— 
‘‘(I) the’’; and 
(bb) by adding at the end the following: 
‘‘(II) the return information of such individuals 
may be redisclosed pursuant to clauses (iii), (iv), 
(v), and (vi) of section 6103(l)(13)(D) of the Internal 
Revenue Code of 1986, for the relevant purposes 
described in such section; and’’; and 
(II) in clause (ii), by striking ‘‘such disclosure’’ 
and inserting ‘‘the disclosures described in sub-
clauses (I) and (II) of clause (i)’’; and
H. R. 133—806 
(iii) in subparagraph (B), by striking ‘‘disclosure 
described in subparagraph (A)(i)’’ and inserting ‘‘disclo-
sures described in subclauses (I) and (II) of subpara-
graph (A)(i)’’; 
(B) in subsection (a)(2)(A)(ii), by striking ‘‘affirmatively 
approve the disclosure described in paragraph (1)(A)(i) and 
agree that such approval shall serve as an ongoing approval 
of such disclosure until the date on which the individual 
elects to opt out of such disclosure’’ and inserting ‘‘affirma-
tively approve the disclosures described in subclauses (I) 
and (II) of paragraph (1)(A)(i), to the extent applicable, 
and agree that such approval shall serve as an ongoing 
approval of such disclosures until the date on which the 
individual elects to opt out of such disclosures’’; and 
(C) by adding at the end the following: 
‘‘(c) ACCESS TO FAFSA INFORMATION.— 
‘‘(1) REDISCLOSURE OF INFORMATION.—The information in 
a complete, unredacted Student Aid Report (including any 
return information disclosed under section 6103(l)(13) of the 
Internal Revenue Code of 1986 (26 U.S.C. 6103(l)(13))) with 
respect to an application described in subsection (a)(1) of an 
applicant for Federal student financial aid— 
‘‘(A) upon request for such information by such 
applicant, shall be provided to such applicant by— 
‘‘(i) the Secretary; or 
‘‘(ii) in a case in which the Secretary has requested 
that institutions of higher education carry out the 
requirements of this subparagraph, an institution of 
higher education that has received such information; 
and 
‘‘(B) with the written consent by the applicant to an 
institution of higher education, may be provided by such 
institution of higher education as is necessary to a scholar-
ship granting organization (including a tribal organization 
(defined in section 4 of the Indian Self-Determination and 
Education Assistance Act (25 U.S.C. 5304))), or to an 
organization assisting the applicant in applying for and 
receiving Federal, State, local, or tribal assistance, that 
is designated by the applicant to assist the applicant in 
applying for and receiving financial assistance for any 
component of the applicant’s cost of attendance (defined 
in section 472) at that institution. 
‘‘(2) DISCUSSION
OF
INFORMATION.—A discussion of the 
information in an application described in subsection (a)(1) 
(including any return information disclosed under section 
6103(l)(13) of the Internal Revenue Code of 1986 (26 U.S.C. 
6103(l)(13)) of an applicant between an institution of higher 
education and the applicant may, with the written consent 
of the applicant, include an individual selected by the applicant 
(such as an advisor) to participate in such discussion. 
‘‘(3) RESTRICTION ON DISCLOSING INFORMATION.—A person 
receiving information under paragraph (1)(B) or (2) with respect 
to an applicant shall not use the information for any purpose 
other than the express purpose for which consent was granted 
by the applicant and shall not disclose such information to 
any other person without the express permission of, or request 
by, the applicant.
H. R. 133—807 
‘‘(4) DEFINITIONS.—In this subsection: 
‘‘(A) STUDENT
AID
REPORT.—The term ‘Student Aid 
Report’ has the meaning given the term in section 668.2 
of title 34, Code of Federal Regulations (or successor regula-
tions). 
‘‘(B) WRITTEN CONSENT.—The term ‘written consent’ 
means a separate, written document that is signed and 
dated (which may include by electronic format) by an 
applicant, which— 
‘‘(i) indicates that the information being disclosed 
includes return information disclosed under section 
6103(l)(13) of the Internal Revenue Code of 1986 (26 
U.S.C. 6103(l)(13)) with respect to the applicant; 
‘‘(ii) states the purpose for which the information 
is being disclosed; and 
‘‘(iii) states that the information may only be used 
for the specific purpose and no other purposes. 
‘‘(5) RECORD
KEEPING
REQUIREMENT.—An institution of 
higher education shall— 
‘‘(A) keep a record of each written consent made under 
this subsection for a period of at least 3 years from the 
date of the student’s last date of attendance at the institu-
tion; and 
‘‘(B) make each such record readily available for review 
by the Secretary.’’. 
(2) CONFORMING
AMENDMENT.—Section 494(a)(3) of the 
Higher Education Act of 1965 (20 U.S.C. 1098h(a)(3)) is 
amended by striking ‘‘paragraph (1)(A)(i)’’ both places the term 
appears and inserting ‘‘paragraph (1)(A)(i)(I)’’. 
SEC. 285. 2020 ELECTION TO TERMINATE TRANSFER PERIOD FOR 
QUALIFIED TRANSFERS FROM PENSION PLAN FOR COV-
ERING FUTURE RETIREE COSTS. 
(a) IN GENERAL.—Section 420(f) is amended by adding at the 
end the following new paragraph: 
‘‘(7) ELECTION TO END TRANSFER PERIOD.— 
‘‘(A) IN
GENERAL.—In the case of an employer 
maintaining a plan which has made a qualified future 
transfer under this subsection, such employer may, not 
later than December 31, 2021, elect to terminate the 
transfer period with respect to such transfer effective as 
of any taxable year specified by the taxpayer that begins 
after the date of such election. 
‘‘(B) AMOUNTS
TRANSFERRED
TO
PLAN
ON
TERMI-
NATION.—Any assets transferred to a health benefits 
account, or an applicable life insurance account, in a quali-
fied future transfer (and any income allocable thereto) 
which are not used as of the effective date of the election 
to terminate the transfer period with respect to such 
transfer under subparagraph (A), shall be transferred out 
of the account to the transferor plan within a reasonable 
period of time. The transfer required by this subparagraph 
shall be treated as an employer reversion for purposes 
of section 4980 (other than subsection (d) thereof), unless 
before the end of the 5-year period beginning after the 
original transfer period an equivalent amount is trans-
ferred back to such health benefits account, or applicable
H. R. 133—808 
life insurance account, as the case may be. Any such 
transfer back pursuant to the preceding sentence may be 
made without regard to section 401(h)(1). 
‘‘(C) MINIMUM
COST
REQUIREMENTS
CONTINUE.—The 
requirements of subsection (c)(3) and paragraph (2)(D) shall 
apply with respect to a qualified future transfer without 
regard to any election under subparagraph (A) with respect 
to such transfer. 
‘‘(D) MODIFIED
MAINTENANCE
OF
FUNDED
STATUS 
DURING ORIGINAL TRANSFER PERIOD.—The requirements of 
paragraph (2)(B) shall apply without regard to any such 
election, and clause (i) thereof shall be applied by sub-
stituting ‘100 percent’ for ‘120 percent’ during the original 
transfer period. 
‘‘(E) CONTINUED
MAINTENANCE
OF
FUNDING
STATUS 
AFTER ORIGINAL TRANSFER PERIOD.— 
‘‘(i) IN GENERAL.—In the case of a plan with respect 
to which there is an excess described in paragraph 
(2)(B)(ii) as of the valuation date of the plan year 
in the last year of the original transfer period, para-
graph (2)(B) shall apply for 5 years after the original 
transfer period in the same manner as during a 
transfer period by substituting the applicable percent-
age for ‘120 percent’ in clause (i) thereof. 
‘‘(ii) APPLICABLE
PERCENTAGE.—For purposes of 
this subparagraph, the applicable percentage shall be 
determined under the following table: 
‘‘For the valuation date of the plan 
year in the following year after 
the original transfer period: 
The applicable percentage is: 
1st ..............................................................................................................104 percent 
2nd .............................................................................................................108 percent 
3rd ..............................................................................................................112 percent 
4th ..............................................................................................................116 percent 
5th ..............................................................................................................120 percent 
‘‘(iii) EARLY TERMINATION OF CONTINUED MAINTE-
NANCE
PERIOD
WHEN
120 
PERCENT
FUNDING 
REACHED.—If, as of the valuation date of any plan 
year in the first 4 years after the original transfer 
period with respect to a qualified future transfer, there 
would be no excess determined under this subpara-
graph were the applicable percentage 120 percent, then 
this subparagraph shall cease to apply with respect 
to the plan. 
‘‘(F) ORIGINAL TRANSFER PERIOD.—For purposes of this 
paragraph, the term ‘original transfer period’ means the 
transfer period under this subsection with respect to a 
qualified future transfer determined without regard to the 
election under subparagraph (A).’’. 
(b) EFFECTIVE DATE.—The amendments made by this section 
shall apply to taxable years beginning after December 31, 2019. 
SEC. 286. EXTENSION OF CREDITS FOR PAID SICK AND FAMILY LEAVE. 
(a) IN
GENERAL.—Sections 7001(g), 7002(e), 7003(g), and 
7004(e) of the Families First Coronavirus Response Act are each 
amended by striking ‘‘December 31, 2020’’ and inserting ‘‘March 
31, 2021’’. 
(b) COORDINATION WITH TERMINATION OF MANDATE.—
H. R. 133—809 
(1) PAYROLL CREDIT FOR PAID SICK LEAVE.—Section 7001(c) 
of the Families First Coronavirus Response Act is amended 
by striking ‘‘paid by an employer which’’ and all that follows 
and inserting ‘‘paid by an employer— 
‘‘(1) which are required to be paid by reason of the Emer-
gency Paid Sick Leave Act, or 
‘‘(2) both— 
‘‘(A) which would be so required to be paid if such 
Act were applied— 
‘‘(i) by substituting ‘March 31, 2021’ for ‘December 
31, 2020’ in section 5109 thereof, and 
‘‘(ii) without regard to section 5102(b)(3) thereof, 
and 
‘‘(B) with respect to which all requirements of such 
Act (other than subsections (a) and (b) of section 5105 
thereof, and determined by substituting ‘To be compliant 
with section 5102, an employer may not’ for ‘It shall be 
unlawful for any employer to’ in section 5104 thereof) which 
would apply if so required are satisfied.’’. 
(2) CREDIT
FOR
SICK
LEAVE
OF
SELF-EMPLOYED
INDIVID-
UALS.—Section 7002(b)(2) of the Families First Coronavirus 
Response Act is amended to read as follows: 
‘‘(2) either— 
‘‘(A) would be entitled to receive paid leave during 
the taxable year pursuant to the Emergency Paid Sick 
Leave Act if the individual were an employee of an 
employer (other than himself or herself), or 
‘‘(B) would be so entitled if— 
‘‘(i) such Act were applied by substituting ‘March 
31, 2021’ for ‘December 31, 2020’ in section 5109 
thereof, and 
‘‘(ii) the individual were an employee of an 
employer (other than himself or herself).’’. 
(3) PAYROLL
CREDIT
FOR
PAID
FAMILY
LEAVE.—Section 
7003(c) of the Families First Coronavirus Response Act is 
amended by striking ‘‘paid by an employer which’’ and all 
that follows and inserting ‘‘paid by an employer— 
‘‘(1) which are required to be paid by reason of the Emer-
gency Family and Medical Leave Expansion Act (including the 
amendments made by such Act), or 
‘‘(2) both— 
‘‘(A) which would be so required to be paid if section 
102(a)(1)(F) of the Family and Medical Leave Act of 1993, 
as amended by the Emergency Family and Medical Leave 
Expansion Act, were applied by substituting ‘March 31, 
2021’ for ‘December 31, 2020’, and 
‘‘(B) with respect to which all requirements of the 
Family and Medical Leave Act of 1993 (other than section 
107 thereof, and determined by substituting ‘To be compli-
ant with section 102(a)(1)(F), an employer may not’ for 
‘It shall be unlawful for any employer to’ each place it 
appears in subsection (a) of section 105 thereof, by sub-
stituting ‘made unlawful in this title or described in this 
section’ for ‘made unlawful by this title’ in paragraph (2) 
of such subsection, and by substituting ‘To be compliant 
with section 102(a)(1)(F), an employer may not’ for ‘It shall 
be unlawful for any person to’ in subsection (b) of such
H. R. 133—810 
section) which relate to such section 102(a)(1)(F), and which 
would apply if so required, are satisfied.’’. 
(4) CREDIT FOR FAMILY LEAVE OF SELF-EMPLOYED INDIVID-
UALS.—Section 7004(b)(2) of the Families First Coronavirus 
Response Act is amended to read as follows: 
‘‘(2) either— 
‘‘(A) would be entitled to receive paid leave during 
the taxable year pursuant to the Emergency Family and 
Medical Leave Expansion Act if the individual were an 
employee of an employer (other than himself or herself), 
or 
‘‘(B) would be so entitled if— 
‘‘(i) section 102(a)(1)(F) of the Family and Medical 
Leave Act of 1993, as amended by the Emergency 
Family and Medical Leave Expansion Act, were applied 
by substituting ‘March 31, 2021’ for ‘December 31, 
2020’, and 
‘‘(ii) the individual were an employee of an 
employer (other than himself or herself).’’. 
(5) COORDINATION WITH CERTAIN EMPLOYMENT TAXES.—Sec-
tion 7005(a) of the Families First Coronavirus Response Act 
is amended by inserting ‘‘(or, in the case of wages paid after 
December 31, 2020, and before April 1, 2021, with respect 
to which a credit is allowed under section 7001 or 7003)’’ 
before ‘‘shall not be considered’’. 
(c) EFFECTIVE DATE.—The amendments made by this section 
shall take effect as if included in the provisions of the Families 
First Coronavirus Response Act to which they relate. 
SEC. 287. ELECTION TO USE PRIOR YEAR NET EARNINGS FROM SELF- 
EMPLOYMENT IN DETERMINING AVERAGE DAILY SELF- 
EMPLOYMENT INCOME FOR PURPOSES OF CREDITS FOR 
PAID SICK AND FAMILY LEAVE. 
(a) CREDIT FOR SICK LEAVE.—Section 7002(c) of the Families 
First Coronavirus Response Act is amended by adding at the end 
the following new paragraph: 
‘‘(4) ELECTION
TO
USE
PRIOR
YEAR
NET
EARNINGS
FROM 
SELF-EMPLOYMENT INCOME.—In the case of an individual who 
elects (at such time and in such manner as the Secretary, 
or the Secretary’s delegate, may provide) the application of 
this paragraph, paragraph (2)(A) shall be applied by sub-
stituting ‘the prior taxable year’ for ‘the taxable year’.’’. 
(b) CREDIT FOR FAMILY LEAVE.—Section 7004(c) of the Families 
First Coronavirus Response Act is amended by adding at the end 
the following new paragraph: 
‘‘(4) ELECTION
TO
USE
PRIOR
YEAR
NET
EARNINGS
FROM 
SELF-EMPLOYMENT INCOME.—In the case of an individual who 
elects (at such time and in such manner as the Secretary, 
or the Secretary’s delegate, may provide) the application of 
this paragraph, paragraph (2)(A) shall be applied by sub-
stituting ‘the prior taxable year’ for ‘the taxable year’.’’. 
(c) EFFECTIVE DATE.—The amendments made by this section 
shall take effect as if included in the provisions of the Families 
First Coronavirus Response Act to which they relate.
H. R. 133—811 
SEC. 288. CERTAIN TECHNICAL IMPROVEMENTS TO CREDITS FOR PAID 
SICK AND FAMILY LEAVE. 
(a) COORDINATION WITH APPLICATION
OF CERTAIN DEFINI-
TIONS.— 
(1) IN GENERAL.—Sections 7001(c) and 7003(c) of the Fami-
lies First Coronavirus Response Act are each amended— 
(A) by inserting ‘‘, determined without regard to para-
graphs (1) through (22) of section 3121(b) of such Code’’ 
after ‘‘as defined in section 3121(a) of the Internal Revenue 
Code of 1986’’, and 
(B) by inserting ‘‘, determined without regard to the 
sentence in paragraph (1) thereof which begins ‘Such term 
does not include remuneration’ ’’ after ‘‘as defined in section 
3231(e) of the Internal Revenue Code’’. 
(2) CONFORMING
AMENDMENTS.—Sections 7001(e)(3) and 
7003(e)(3) of the Families First Coronavirus Response Act are 
each amended by striking ‘‘Any term’’ and inserting ‘‘Except 
as otherwise provided in this section, any term’’. 
(b) COORDINATION
WITH
EXCLUSION
FROM
EMPLOYMENT 
TAXES.—Sections 7001(c) and 7003(c) of the Families First 
Coronavirus Response Act, as amended by subsection (a), are each 
amended— 
(1) by inserting ‘‘and section 7005(a) of this Act,’’ after 
‘‘determined without regard to paragraphs (1) through (22) 
of section 3121(b) of such Code’’, and 
(2) by inserting ‘‘and without regard to section 7005(a) 
of this Act’’ after ‘‘which begins ‘Such term does not include 
remuneration’ ’’. 
(c) CLARIFICATION OF APPLICABLE RAILROAD RETIREMENT TAX 
FOR PAID LEAVE CREDITS.—Sections 7001(e) and 7003(e) of the 
Families First Coronavirus Response Act, as amended by the pre-
ceding provisions of this Act, are each amended by adding at the 
end the following new paragraph: 
‘‘(4) REFERENCES TO RAILROAD RETIREMENT TAX.—Any ref-
erence in this section to the tax imposed by section 3221(a) 
of the Internal Revenue Code of 1986 shall be treated as a 
reference to so much of such tax as is attributable to the 
rate in effect under section 3111(a) of such Code.’’. 
(d) CLARIFICATION
OF
TREATMENT
OF
PAID
LEAVE
FOR 
APPLICABLE RAILROAD RETIREMENT TAX.—Section 7005(a) of the 
Families First Coronavirus Response Act is amended by adding 
the following sentence at the end of such subsection: ‘‘Any reference 
in this subsection to the tax imposed by section 3221(a) of such 
Code shall be treated as a reference to so much of the tax as 
is attributable to the rate in effect under section 3111(a) of such 
Code.’’. 
(e) CLARIFICATION OF APPLICABLE RAILROAD RETIREMENT TAX 
FOR HOSPITAL INSURANCE TAX CREDIT.—Section 7005(b)(1) of the 
Families First Coronavirus Response Act is amended to read as 
follows: 
‘‘(1) IN GENERAL.—The credit allowed by section 7001 and 
the credit allowed by section 7003 shall each be increased 
by the amount of the tax imposed by section 3111(b) of the 
Internal Revenue Code of 1986 and so much of the taxes 
imposed under section 3221(a) of such Code as are attributable 
to the rate in effect under section 3111(b) of such Code on 
qualified sick leave wages, or qualified family leave wages,
H. R. 133—812 
for which credit is allowed under such section 7001 or 7003 
(respectively).’’. 
(f) EFFECTIVE DATE.—The amendments made by this section 
shall take effect as if included in the provisions of the Families 
First Coronavirus Response Act to which they relate. 
TITLE III—CONTINUING THE PAYCHECK 
PROTECTION PROGRAM AND OTHER 
SMALL BUSINESS SUPPORT 
SEC. 301. SHORT TITLE. 
This title may be cited as the ‘‘Economic Aid to Hard-Hit 
Small Businesses, Nonprofits, and Venues Act’’. 
SEC. 302. DEFINITIONS. 
In this Act: 
(1) 
ADMINISTRATION; 
ADMINISTRATOR.—The 
terms 
‘‘Administration’’ and ‘‘Administrator’’ mean the Small Business 
Administration and the Administrator thereof, respectively. 
(2) SMALL BUSINESS CONCERN.—The term ‘‘small business 
concern’’ has the meaning given the term in section 3 of the 
Small Business Act (15 U.S.C. 632). 
SEC. 303. EMERGENCY RULEMAKING AUTHORITY. 
Not later than 10 days after the date of enactment of this 
Act, the Administrator shall issue regulations to carry out this 
Act and the amendments made by this Act without regard to 
the notice requirements under section 553(b) of title 5, United 
States Code. 
SEC. 304. ADDITIONAL ELIGIBLE EXPENSES. 
(a) ALLOWABLE USE OF PPP LOAN.—Section 7(a)(36)(F)(i) of 
the Small Business Act (15 U.S.C. 636(a)(36)(F)(i)) is amended— 
(1) in subclause (VI), by striking ‘‘and’’ at the end; 
(2) in subclause (VII), by striking the period at the end 
and inserting a semicolon; and 
(3) by adding at the end the following: 
‘‘(VIII) covered operations expenditures, as 
defined in section 7A(a); 
‘‘(IX) covered property damage costs, as 
defined in section 7A(a); 
‘‘(X) covered supplier costs, as defined in sec-
tion 7A(a); and 
‘‘(XI) covered worker protection expenditures, 
as defined in section 7A(a).’’. 
(b) LOAN FORGIVENESS.— 
(1) TRANSFER OF SECTION TO SMALL BUSINESS ACT.— 
(A) IN GENERAL.—Section 1106 of the CARES Act (15 
U.S.C. 9005) is redesignated as section 7A, transferred 
to the Small Business Act (15 U.S.C. 631 et seq.), and 
inserted so as to appear after section 7 of the Small Busi-
ness Act (15 U.S.C. 636). 
(B) CONFORMING AMENDMENTS TO TRANSFERRED SEC-
TION.—Section 7A of the Small Business Act, as redesig-
nated and transferred by subparagraph (A) of this para-
graph, is amended—
H. R. 133—814 
‘‘(i) in effect at any time before the covered period 
with respect to the applicable covered loan; or 
‘‘(ii) with respect to perishable goods, in effect 
before or at any time during the covered period with 
respect to the applicable covered loan;’’; 
(viii) by inserting after paragraph (8), as so 
redesignated, the following: 
‘‘(9) the term ‘covered worker protection expenditure’— 
‘‘(A) means an operating or a capital expenditure to 
facilitate the adaptation of the business activities of an 
entity to comply with requirements established or guidance 
issued by the Department of Health and Human Services, 
the Centers for Disease Control, or the Occupational Safety 
and Health Administration, or any equivalent requirements 
established or guidance issued by a State or local govern-
ment, during the period beginning on March 1, 2020 and 
ending the date on which the national emergency declared 
by the President under the National Emergencies Act (50 
U.S.C. 1601 et seq.) with respect to the Coronavirus Disease 
2019 (COVID–19) expires related to the maintenance of 
standards for sanitation, social distancing, or any other 
worker or customer safety requirement related to COVID– 
19; 
‘‘(B) may include— 
‘‘(i) the purchase, maintenance, or renovation of 
assets that create or expand— 
‘‘(I) a drive-through window facility; 
‘‘(II) an indoor, outdoor, or combined air or 
air pressure ventilation or filtration system; 
‘‘(III) a physical barrier such as a sneeze 
guard; 
‘‘(IV) an expansion of additional indoor, out-
door, or combined business space; 
‘‘(V) an onsite or offsite health screening capa-
bility; or 
‘‘(VI) other assets relating to the compliance 
with the requirements or guidance described in 
subparagraph (A), as determined by the Adminis-
trator in consultation with the Secretary of Health 
and Human Services and the Secretary of Labor; 
and 
‘‘(ii) the purchase of— 
‘‘(I) covered materials described in section 
328.103(a) of title 44, Code of Federal Regulations, 
or any successor regulation; 
‘‘(II) particulate filtering facepiece respirators 
approved by the National Institute for Occupa-
tional Safety and Health, including those approved 
only for emergency use authorization; or 
‘‘(III) other kinds of personal protective equip-
ment, as determined by the Administrator in con-
sultation with the Secretary of Health and Human 
Services and the Secretary of Labor; and 
‘‘(C) does not include residential real property or intan-
gible property;’’; and 
(ix) in paragraph (11), as so redesignated—
H. R. 133—815 
(I) in subparagraph (C), by striking ‘‘and’’ at 
the end; 
(II) in subparagraph (D), by striking ‘‘and’’ 
at the end; and 
(III) by adding at the end the following: 
‘‘(E) covered operations expenditures; 
‘‘(F) covered property damage costs; 
‘‘(G) covered supplier costs; and 
‘‘(H) covered worker protection expenditures; and’’; 
(B) in subsection (b), by adding at the end the following: 
‘‘(5) Any covered operations expenditure. 
‘‘(6) Any covered property damage cost. 
‘‘(7) Any covered supplier cost. 
‘‘(8) Any covered worker protection expenditure.’’; 
(C) in subsection (d)(8), by inserting ‘‘any payment 
on any covered operations expenditure, any payment on 
any covered property damage cost, any payment on any 
covered supplier cost, any payment on any covered worker 
protection expenditure,’’ after ‘‘rent obligation,’’; and 
(D) in subsection (e)— 
(i) in paragraph (2)— 
(I) by inserting ‘‘purchase orders, orders, 
invoices,’’ before ‘‘or other documents’’; and 
(II) by striking ‘‘covered lease obligations,’’ and 
inserting ‘‘covered rent obligations, payments on 
covered operations expenditures, payments on cov-
ered property damage costs, payments on covered 
supplier costs, payments on covered worker protec-
tion expenditures,’’; and 
(ii) in paragraph (3)(B), by inserting ‘‘make pay-
ments on covered operations expenditures, make pay-
ments on covered property damage costs, make pay-
ments on covered supplier costs, make payments on 
covered worker protection expenditures,’’ after ‘‘rent 
obligation,’’. 
(c) EFFECTIVE DATE; APPLICABILITY.— 
(1) IN GENERAL.—Except as provided in paragraph (2), the 
amendments made by subsections (a) and (b) shall be effective 
as if included in the CARES Act (Public Law 116–136; 134 
Stat. 281) and shall apply to any loan made pursuant to section 
7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) before, 
on, or after the date of enactment of this Act, including forgive-
ness of such a loan. 
(2) EXCLUSION OF LOANS ALREADY FORGIVEN.—The amend-
ments made by subsections (a) and (b) shall not apply to a 
loan made pursuant to section 7(a)(36) of the Small Business 
Act (15 U.S.C. 636(a)(36)) for which the borrower received 
forgiveness before the date of enactment of this Act under 
section 1106 of the CARES Act, as in effect on the day before 
such date of enactment. 
SEC. 305. HOLD HARMLESS. 
(a) IN GENERAL.—Subsection (h) of section 7A of the Small 
Business Act, as redesignated and transferred by section 304 of 
this Act, is amended to read as follows: 
‘‘(h) HOLD HARMLESS.—
H. R. 133—816 
‘‘(1) DEFINITION.—In this subsection, the term ‘initial or 
second draw PPP loan’ means a covered loan or a loan under 
paragraph (37) of section 7(a). 
‘‘(2) RELIANCE.—A lender may rely on any certification 
or documentation submitted by an applicant for an initial or 
second draw PPP loan or an eligible recipient or eligible entity 
receiving initial or second draw PPP loan that— 
‘‘(A) is submitted pursuant to all applicable statutory 
requirements, regulations, and guidance related to initial 
or second draw PPP loan, including under paragraph (36) 
or (37) of section 7(a) and under this section; and 
‘‘(B) attests that the applicant, eligible recipient, or 
eligible entity, as applicable, has accurately provided the 
certification or documentation to the lender in accordance 
with the statutory requirements, regulations, and guidance 
described in subparagraph (A). 
‘‘(3) NO ENFORCEMENT ACTION.—With respect to a lender 
that relies on a certification or documentation described in 
paragraph (2) related to an initial or second draw PPP loan, 
an enforcement action may not be taken against the lender, 
and the lender shall not be subject to any penalties relating 
to loan origination or forgiveness of the initial or second draw 
PPP loan, if— 
‘‘(A) the lender acts in good faith relating to loan 
origination or forgiveness of the initial or second draw 
PPP loan based on that reliance; and 
‘‘(B) all other relevant Federal, State, local, and other 
statutory and regulatory requirements applicable to the 
lender are satisfied with respect to the initial or second 
draw PPP loan.’’. 
(b) EFFECTIVE DATE; APPLICABILITY.—The amendment made 
by subsection (a) shall be effective as if included in the CARES 
Act (Public Law 116–136; 134 Stat. 281) and shall apply to any 
loan made pursuant to section 7(a)(36) of the Small Business Act 
(15 U.S.C. 636(a)(36)) before, on, or after the date of enactment 
of this Act, including forgiveness of such a loan. 
SEC. 306. SELECTION OF COVERED PERIOD FOR FORGIVENESS. 
Section 7A of the Small Business Act, as redesignated and 
transferred by section 304 of this Act, is amended— 
(A) by amending paragraph (4) of subsection (a), as 
so redesignated by section 304(b) of this Act, to read as 
follows: 
‘‘(4) the term ‘covered period’ means the period— 
‘‘(A) beginning on the date of the origination of a cov-
ered loan; and 
‘‘(B) ending on a date selected by the eligible recipient 
of the covered loan that occurs during the period— 
‘‘(i) beginning on the date that is 8 weeks after 
such date of origination; and 
‘‘(ii) ending on the date that is 24 weeks after 
such date of origination;’’; and 
(1) by striking subsection (l).
H. R. 133—817 
SEC. 307. SIMPLIFIED FORGIVENESS APPLICATION. 
(a) IN GENERAL.—Section 7A of the Small Business Act, as 
redesignated and transferred by section 304 of this Act, and as 
amended by section 306 of this Act, is amended— 
(1) in subsection (e), in the matter preceding paragraph 
(1), by striking ‘‘An eligible’’ and inserting ‘‘Except as provided 
in subsection (l), an eligible’’; 
(2) in subsection (f), by inserting ‘‘or the certification 
required under subsection (l), as applicable’’ after ‘‘subsection 
(e)’’; and 
(3) by adding at the end the following: 
‘‘(l) SIMPLIFIED APPLICATION.— 
‘‘(1) COVERED LOANS UP TO $150,000.— 
‘‘(A) IN
GENERAL .—With respect to a covered loan 
made to an eligible recipient that is not more than 
$150,000, the covered loan amount shall be forgiven under 
this section if the eligible recipient— 
‘‘(i) signs and submits to the lender a certification, 
to be established by the Administrator not later than 
24 days after the date of enactment of the Economic 
Aid to Hard-Hit Small Businesses, Nonprofits, and 
Venues Act, which— 
‘‘(I) shall be not more than 1 page in length; 
and 
‘‘(II) shall only require the eligible recipient 
to provide— 
‘‘(aa) a description of the number of 
employees the eligible recipient was able to 
retain because of the covered loan; 
‘‘(bb) the estimated amount of the covered 
loan amount spent by the eligible recipient 
on payroll costs; and 
‘‘(cc) the total loan value; 
‘‘(ii) attests that the eligible recipient has— 
‘‘(I) accurately provided the required certifi-
cation; and 
‘‘(II) complied with the requirements under 
section 7(a)(36); and 
‘‘(iii) retains records relevant to the form that prove 
compliance with such requirements— 
‘‘(I) with respect to employment records, for 
the 4-year period following submission of the form; 
and 
‘‘(II) with respect to other records, for the 3- 
year period following submission of the form. 
‘‘(B) LIMITATION
ON
REQUIRING
ADDITIONAL
MATE-
RIALS.—An eligible recipient of a covered loan that is not 
more than $150,000 shall not, at the time of the application 
for forgiveness, be required to submit any application or 
documentation in addition to the certification and informa-
tion required to substantiate forgiveness. 
‘‘(C) RECORDS FOR OTHER REQUIREMENTS.—Nothing in 
subparagraph (A) or (B) shall be construed to exempt an 
eligible recipient from having to provide documentation 
independently to a lender to satisfy relevant Federal, State, 
local, or other statutory or regulatory requirements, or
H. R. 133—818 
in connection with an audit as authorized under subpara-
graph (E). 
‘‘(D) DEMOGRAPHIC
INFORMATION.—The certification 
established by the Administrator under subparagraph (A) 
shall include a means by which an eligible recipient may, 
at the discretion of the eligible recipient, submit demo-
graphic information of the owner of the eligible recipient, 
including the sex, race, ethnicity, and veteran status of 
the owner. 
‘‘(E) AUDIT AUTHORITY.—The Administrator may— 
‘‘(i) review and audit covered loans described in 
subparagraph (A); 
‘‘(ii) access any records described in subparagraph 
(A)(iii); and 
‘‘(iii) in the case of fraud, ineligibility, or other 
material noncompliance with applicable loan or loan 
forgiveness requirements, modify— 
‘‘(I) the amount of a covered loan described 
in subparagraph (A); or 
‘‘(II) the loan forgiveness amount with respect 
to a covered loan described in subparagraph (A). 
‘‘(2) COVERED LOANS OF MORE THAN $150,000.— 
‘‘(A) IN GENERAL.—With respect to a covered loan in 
an amount that is more than $150,000, the eligible recipient 
shall submit to the lender that is servicing the covered 
loan the documentation described in subsection (e). 
‘‘(B) DEMOGRAPHIC
INFORMATION.—The process for 
submitting the documentation described in subsection (e) 
shall include a means by which an eligible recipient may, 
at the discretion of the eligible recipient, submit demo-
graphic information of the owner of the eligible recipient, 
including the sex, race, ethnicity, and veteran status of 
the owner. 
‘‘(3) FORGIVENESS AUDIT PLAN.— 
‘‘(A) IN GENERAL.—Not later than 45 days after the 
date of enactment of the Economic Aid to Hard-Hit Small 
Businesses, Nonprofits, and Venues Act, 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 audit 
plan that details— 
‘‘(i) the policies and procedures of the Adminis-
trator for conducting forgiveness reviews and audits 
of covered loans; and 
‘‘(ii) the metrics that the Administrator shall use 
to determine which covered loans will be audited. 
‘‘(B) REPORTS.—Not later than 30 days after the date 
on which the Administrator submits the audit plan required 
under subparagraph (A), and each month thereafter, the 
Administrator shall submit to the Committee on Small 
Business and Entrepreneurship of the Senate and the Com-
mittee on Small Business of the House of Representatives 
a report on the forgiveness review and audit activities 
of the Administrator under this subsection, which shall 
include— 
‘‘(i) the number of active reviews and audits;
H. R. 133—825 
‘‘(aa) the amount of the covered loan used 
for payroll costs during the covered period; 
and 
‘‘(bb) 0.60. 
‘‘(v) SUBMISSION OF MATERIALS FOR FORGIVENESS.— 
For purposes of applying subsection (l)(1) of section 
7A to a covered loan of not more than $150,000 under 
this paragraph, an eligible entity may be required to 
provide, at the time of the application for forgiveness, 
documentation required to substantiate revenue loss 
in accordance with subparagraph (I). 
‘‘(K) LENDER
ELIGIBILITY.—Except as otherwise pro-
vided in this paragraph, a lender approved to make loans 
under paragraph (36) may make covered loans under the 
same terms and conditions as in paragraph (36). 
‘‘(L) REIMBURSEMENT FOR LOAN PROCESSING AND SERV-
ICING.—The Administrator shall reimburse a lender author-
ized to make a covered loan— 
‘‘(i) for a covered loan of not more than $50,000, 
in an amount equal to the lesser of— 
‘‘(I) 50 percent of the balance of the financing 
outstanding at the time of disbursement of the 
covered loan; or 
‘‘(II) $2,500; 
‘‘(ii) at a rate, based on the balance of the financing 
outstanding at the time of disbursement of the covered 
loan, of— 
‘‘(I) 5 percent for a covered loan of more than 
$50,000 and not more than $350,000; and 
‘‘(II) 3 percent for a covered loan of more than 
$350,000. 
‘‘(M) PUBLICATION OF GUIDANCE.—Not later than 10 
days after the date of enactment of this paragraph, the 
Administrator shall issue guidance addressing barriers to 
accessing capital for minority, underserved, veteran, and 
women-owned business concerns for the purpose of 
ensuring equitable access to covered loans. 
‘‘(N) STANDARD OPERATING PROCEDURE.—The Adminis-
trator shall, to the maximum extent practicable, allow a 
lender approved to make covered loans to use existing 
program guidance and standard operating procedures for 
loans made under this subsection. 
‘‘(O) SUPPLEMENTAL COVERED LOANS.—A covered loan 
under this paragraph may only be made to an eligible 
entity that— 
‘‘(i) has received a loan under paragraph (36); and 
‘‘(ii) on or before the expected date on which the 
covered loan under this paragraph is disbursed to the 
eligible entity, has used, or will use, the full amount 
of the loan received under paragraph (36).’’. 
(b) APPLICATION OF EXEMPTION BASED ON EMPLOYEE AVAIL-
ABILITY.— 
(1) IN GENERAL.—Section 7A(d) of the Small Business Act, 
as redesignated and transferred by section 304 of this Act, 
is amended— 
(A) in paragraph (5)(B), by inserting ‘‘(or, with respect 
to a covered loan made on or after the date of enactment
H. R. 133—826 
of the Economic Aid to Hard-Hit Small Businesses, Non-
profits, and Venues Act, not later than the last day of 
the covered period with respect to such covered loan)’’ 
after ‘‘December 31, 2020’’ each place it appears; and 
(B) in paragraph (7)— 
(i) by inserting ‘‘(or, with respect to a covered 
loan made on or after the date of enactment of the 
Economic Aid to Hard-Hit Small Businesses, Non-
profits, and Venues Act, ending on the last day of 
the covered period with respect to such covered loan)’’ 
after ‘‘December 31, 2020’’ the first and third places 
it appears; and 
(ii) by inserting ‘‘(or, with respect to a covered 
loan made on or after the date of enactment of the 
Economic Aid to Hard-Hit Small Businesses, Non-
profits, and Venues Act, on or before the last day 
of the covered period with respect to such covered 
loan)’’ after ‘‘December 31, 2020’’ the second place it 
appears. 
(2) MODIFICATION OF DATES.—The Administrator and the 
Secretary of the Treasury may jointly, by regulation, modify 
any date in section 7A(d) of the Small Business Act, as redesig-
nated and transferred by section 304 of this Act, other than 
a deadline established under an amendment made by para-
graph (1), in a manner consistent with the purposes of the 
Paycheck Protection Program to help businesses retain workers 
and meet financial obligations. 
(c) ELIGIBLE CHURCHES AND RELIGIOUS ORGANIZATIONS.— 
(1) SENSE OF CONGRESS.—It is the sense of Congress that 
the interim final rule of the Administration entitled ‘‘Business 
Loan Program Temporary Changes; Paycheck Protection Pro-
gram’’ (85 Fed. Reg. 20817 (April 15, 2020)) properly clarified 
the eligibility of churches and religious organizations for loans 
made under paragraph (36) of section 7(a) of the Small Business 
Act (15 U.S.C. 636(a)). 
(2) APPLICABILITY
OF
PROHIBITION.—The prohibition on 
eligibility established by section 120.110(k) of title 13, Code 
of Federal Regulations, or any successor regulation, shall not 
apply to a loan under paragraph (36) of section 7(a) of the 
Small Business Act (15 U.S.C. 636(a)). 
SEC. 312. INCREASED ABILITY FOR PAYCHECK PROTECTION PROGRAM 
BORROWERS TO REQUEST AN INCREASE IN LOAN 
AMOUNT DUE TO UPDATED REGULATIONS. 
(a) DEFINITIONS.—In this section— 
(1) the terms ‘‘covered loan’’ and ‘‘eligible recipient’’ have 
the meanings given those terms in 7(a)(36)(A) of the Small 
Business Act (15 U.S.C. 636(a)(36)(A)); and 
(2) the term ‘‘included covered loan’’ means a covered loan 
for which, as of the date of enactment of this Act, the borrower 
had not received forgiveness under section 1106 of the CARES 
Act, as in effect on the day before such date of enactment. 
(b) RULES OR GUIDANCE.—Not later than 17 days after the 
date of enactment of this Act, and without regard to the notice 
requirements under section 553(b) of title 5, United States Code, 
the Administrator shall issue rules or guidance to ensure that 
an eligible recipient of an included covered loan that returns
H. R. 133—827 
amounts disbursed under the included covered loan or does not 
accept the full amount of the included covered loan for which 
the eligible recipient was approved— 
(1) in the case of an eligible recipient that returned all 
or part of an included covered loan, the eligible recipient may 
reapply for a covered loan for an amount equal to the difference 
between the amount retained and the maximum amount 
applicable; and 
(2) in the case of an eligible recipient that did not accept 
the full amount of an included covered loan, the eligible 
recipient may request a modification to increase the amount 
of the covered loan to the maximum amount applicable, subject 
to the requirements of section 7(a)(36) of the Small Business 
Act (15 U.S.C. 636(a)(36)). 
(c) INTERIM FINAL RULES.—Notwithstanding the interim final 
rule issued by the Administration entitled ‘‘Business Loan Program 
Temporary 
Changes; 
Paycheck 
Protection 
Program—Loan 
Increases’’ (85 Fed. Reg. 29842 (May 19, 2020)), an eligible recipient 
of an included covered loan that is eligible for an increased covered 
loan amount as a result of any interim final rule that allows 
for covered loan increases may submit a request for an increase 
in the included covered loan amount even if— 
(1) the initial covered loan amount has been fully disbursed; 
or 
(2) the lender of the initial covered loan has submitted 
to the Administration a Form 1502 report related to the covered 
loan. 
SEC. 313. CALCULATION OF MAXIMUM LOAN AMOUNT FOR FARMERS 
AND RANCHERS UNDER THE PAYCHECK PROTECTION 
PROGRAM. 
(a) IN GENERAL.—Section 7(a)(36) of the Small Business Act 
(15 U.S.C. 636(a)(36)), as amended by section 310 of this Act, 
is amended— 
(1) in subparagraph (E), in the matter preceding clause 
(i), by striking ‘‘During’’ and inserting ‘‘Except as provided 
in subparagraph (V), during’’; and 
(2) by adding at the end the following: 
‘‘(V) CALCULATION
OF
MAXIMUM
LOAN
AMOUNT
FOR 
FARMERS AND RANCHERS.— 
‘‘(i) DEFINITION.—In this subparagraph, the term 
‘covered recipient’ means an eligible recipient that— 
‘‘(I) operates as a sole proprietorship or as 
an independent contractor, or is an eligible self- 
employed individual; 
‘‘(II) reports farm income or expenses on a 
Schedule F (or any equivalent successor schedule); 
and 
‘‘(III) was in business as of February 15, 2020. 
‘‘(ii) NO
EMPLOYEES.—With respect to covered 
recipient without employees, the maximum covered 
loan amount shall be the lesser of— 
‘‘(I) the sum of— 
‘‘(aa) the product obtained by multi-
plying— 
‘‘(AA) the gross income of the covered 
recipient in 2019, as reported on a
H. R. 133—828 
Schedule F (or any equivalent successor 
schedule), that is not more than $100,000, 
divided by 12; and 
‘‘(BB) 2.5; and 
‘‘(bb) the outstanding amount of a loan 
under subsection (b)(2) that was made during 
the period beginning on January 31, 2020 and 
ending on April 3, 2020 that the borrower 
intends to refinance under the covered loan, 
not including any amount of any advance 
under the loan that is not required to be 
repaid; or 
‘‘(II) $2,000,000. 
‘‘(iii) WITH EMPLOYEES.—With respect to a covered 
recipient with employees, the maximum covered loan 
amount shall be calculated using the formula described 
in subparagraph (E), except that the gross income of 
the covered recipient described in clause (ii)(I)(aa)(AA) 
of this subparagraph, as divided by 12, shall be added 
to the sum calculated under subparagraph (E)(i)(I). 
‘‘(iv) RECALCULATION.—A lender that made a cov-
ered loan to a covered recipient before the date of 
enactment of this subparagraph may, at the request 
of the covered recipient— 
‘‘(I) recalculate the maximum loan amount 
applicable to that covered loan based on the for-
mula described in clause (ii) or (iii), as applicable, 
if doing so would result in a larger covered loan 
amount; and 
‘‘(II) provide the covered recipient with addi-
tional covered loan amounts based on that recal-
culation.’’. 
(b) EFFECTIVE DATE; APPLICABILITY.— 
(1) IN GENERAL.—Except as provided in paragraph (2), the 
amendments made by subsection (a) shall be effective as if 
included in the CARES Act (Public Law 116–136; 134 Stat. 
281) and shall apply to any loan made pursuant to section 
7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) before, 
on, or after the date of enactment of this Act, including forgive-
ness of such a loan. 
(2) EXCLUSION OF LOANS ALREADY FORGIVEN.—The amend-
ments made by subsection (a) shall not apply to a loan made 
pursuant to section 7(a)(36) of the Small Business Act (15 
U.S.C. 636(a)(36)) for which the borrower received forgiveness 
before the date of enactment of this Act under section 1106 
of the CARES Act, as in effect on the day before such date 
of enactment. 
SEC. 314. FARM CREDIT SYSTEM INSTITUTIONS. 
(a) DEFINITION OF FARM CREDIT SYSTEM INSTITUTION.—In this 
section, the term ‘‘Farm Credit System institution’’— 
(1) means an institution of the Farm Credit System char-
tered under the Farm Credit Act of 1971 (12 U.S.C. 2001 
et seq.); and 
(2) does not include the Federal Agricultural Mortgage 
Corporation.