To permit payments for certain business software or cloud computing services as allowable uses of a loan made under the Paycheck Protection Program of the Small Business Administration.

This bill expands allowable and forgivable uses of a loan made pursuant to the Paycheck Protection Program, enacted to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include payment for any business software or cloud computing service that facilitates certain business operations or processes.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8620 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 8620

  To permit payments for certain business software or cloud computing 
services as allowable uses of a loan made under the Paycheck Protection 
             Program of the Small Business Administration.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 16, 2020

  Mr. David Scott of Georgia introduced the following bill; which was 
              referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
  To permit payments for certain business software or cloud computing 
services as allowable uses of a loan made under the Paycheck Protection 
             Program of the Small Business Administration.

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

SECTION 1. 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 ``; and''; and
            (3) by adding at the end the following:
                                    ``(VIII) covered operations 
                                expenditures, as defined in section 
                                1106(a) of the CARES Act (15 U.S.C. 
                                9005(a)).''.
    (b) Loan Forgiveness.--Section 1106 of the CARES Act (15 U.S.C. 
9005) is amended--
            (1) in subsection (a)--
                    (A) by redesignating paragraphs (3) through (8) as 
                paragraphs (4) through (9), respectively;
                    (B) by inserting after paragraph (2) the following:
            ``(3) the term `covered operations expenditure' means a 
        payment for any business software or cloud computing service 
        that facilitates business operations, product or service 
        delivery, the processing, payment, or tracking of payroll 
        expenses, human resources, sales and billing functions, or 
        accounting or tracking of supplies, inventory, records and 
        expenses;''; and
                    (C) in paragraph (8), as so redesignated--
                            (i) in subparagraph (C), by striking 
                        ``and'' at the end; and
                            (ii) by adding at the end the following:
                    ``(E) covered operations expenditures; and'';
            (2) in subsection (b), by adding at the end the following:
            ``(5) Any covered operations expenditure.'';
            (3) in subsection (d)(8), by inserting ``any payment on any 
        covered operations expenditure,'' after ``rent obligation,'';
            (4) in subsection (e)--
                    (A) in paragraph (2), by inserting ``payments on 
                covered operations expenditures,'' after ``lease 
                obligations,''; and
                    (B) in paragraph (3)(B), by inserting ``make 
                payments on covered operations expenditures,'' after 
                ``rent obligation,''; and
            (5) in subsection (h), by inserting ``payments on covered 
        operations expenditures,'' after ``lease obligations,'' each 
        place it appears.
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