BRAVO Act

Bill: 117-hr-1757
Sponsor: full_name: Rep. Maloney, Sean Patrick [D-NY-18]
Introduced: 2021-03-10
Policy area: Commerce
Subjects: Business expenses

Cardiovascular and respiratory health

Emergency medical services and trauma care

Government lending and loan guarantees

Infectious and parasitic diseases

Museums, exhibitions, cultural centers

Performing arts

Small business

Television and film

Wages and earnings
Latest action: action_date: 2021-03-10
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2021-03-10
action_desc: Introduced in House
text: <p><strong>Boosting Revenue Assistance for Venue Operators Act or the BRAVO Act</strong></p> <p> This bill modifies a grant program established to provide economic relief to venue operators in response to COVID-19 (i.e., coronavirus disease 2019).</p> <p> Currently, these grants may be awarded to specified live venue operators or promoters, theatrical producers, or live venue operators or promoters, as well as museum operators, motion picture theatre operators, or talent representatives if they do not also receive a paycheck protection loan or an economic injury disaster loan.</p> <p> The bill provides that a recipient of a paycheck protection loan or an economic injury disaster loan may still receive a grant under this program, but only if the grant is used for purposes other than those for which the recipient uses the loan funds (e.g., paying payroll costs).</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 1757 IN THE HOUSE OF REPRESENTATIVES March 10, 2021 Mr. Sean Patrick Maloney of New York introduced the following bill; which was referred to the Committee on Small Business A BILL To permit shuttered venue operators to receive shuttered venue operator grants and paycheck protection program loans, and for other purposes.

1. Short title This Act may be cited as the Boosting Revenue Assistance for Venue Operators Act or the BRAVO Act . 2. Shuttered venue operator paycheck protection program loan eligibility Section 324 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act ( Public Law 116–260 ) is amended— (1) in subsection (a)(1)(A)(vi)— (A) by striking subclause (III); (B) by redesignating subclause (IV) as subclause (III); and (C) in subclause (III), as so redesignated, by striking (I), (II), and (III) and inserting (I) and (II) ; (2) by redesignating subsections (e) and (f) as subsections (f) and (g), respectively; and (3) by inserting after subsection (d) the following new subsection: (e) Non-duplication A recipient of a loan guaranteed under paragraph (36) or (37) of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) may receive a grant under this section only if such grant is used for purposes other than paying payroll costs and other obligations described in section 7(a)(36)(F) of the Small Business Act ( 15 U.S.C. 636(a)(36)(F) ). .