PPP for Critical Access Hospitals Act

Bill: 116-s-3907
Sponsor: full_name: Sen. Collins, Susan M. [R-ME]
Introduced: 2020-06-08
Policy area: Commerce
Subjects: Bankruptcy

Business expenses

Cardiovascular and respiratory health

Emergency medical services and trauma care

Government lending and loan guarantees

Health care coverage and access

Health facilities and institutions

Infectious and parasitic diseases

Rural conditions and development

Small business

Wages and earnings
Latest action: action_date: 2020-06-08
text: Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S2764)

Summaries:
action_date: 2020-06-08
action_desc: Introduced in Senate
text: <p><b>PPP for Critical Access Hospitals Act</b></p> <p>This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to encompass critical access hospitals.</p> <p>A critical access hospital is a hospital that, among other things, is located in a rural area, furnishes 24-7 emergency services, and has 25 or fewer inpatient beds.</p>

tv_txt: II 116th CONGRESS 2d Session S. 3907 IN THE SENATE OF THE UNITED STATES June 8, 2020 Ms. Collins introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To provide that all critical access hospitals are eligible for loans under the paycheck protection program, and for other purposes.

1. Short title This Act may be cited as the PPP for Critical Access Hospitals Act . 2. Inclusion of critical access hospitals in the paycheck protection program Section 7(a)(36)(D) of the Small Business Act ( 15 U.S.C. 636(a)(36)(D) ) is amended by adding at the end the following: (vii) Inclusion of critical access hospitals During the covered period, any nonprofit organization that is a critical access hospital (as defined in section 1861(mm) of the Social Security Act ( 42 U.S.C. 1395x(mm) )) shall be eligible to receive a covered loan, regardless of the status of such a hospital as a debtor in a case under chapter 11 of title 11, Unites States Code, or the status of any debts owed by such a hospital to the Federal Government. .