Limiting Infant Fatality and Empowering Nonprofit Organization Workforces or the LIFE NOW Act
This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
Specifically, the bill expands the program to encompass any nonprofit organization regardless of size, and it strikes the affiliation requirements applicable to nonprofit organizations and veterans organizations.
The bill also makes any entity that provides abortions ineligible to receive a paycheck protection loan. An exception is allowed for abortions performed at hospitals or if the pregnancy is the result of rape or incest or endangers the life of the mother.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 3709 Introduced in Senate (IS)]
<DOC>
116th CONGRESS
2d Session
S. 3709
To increase the eligibility of nonprofit organizations for loans under
the Paycheck Protection Program, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 13, 2020
Mrs. Loeffler (for herself, Mr. Lankford, Mr. Rounds, and Mr. Cramer)
introduced the following bill; which was read twice and referred to the
Committee on Small Business and Entrepreneurship
_______________________________________________________________________
A BILL
To increase the eligibility of nonprofit organizations for loans under
the Paycheck Protection Program, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Limiting Infant Fatality and
Empowering Nonprofit Organization Workforces'' or the ``LIFE NOW Act''.
SEC. 2. AMENDMENTS TO THE PAYCHECK PROTECTION PROGRAM.
(a) Eligibility of All Nonprofit Organizations for Loans.--Section
7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(D)) is
amended--
(1) in clause (i), by striking ``nonprofit organization,''
each place that term appears;
(2) in clause (v), by striking ``nonprofit organization,'';
and
(3) by striking clause (vi) and inserting the following:
``(vi) Eligibility for nonprofit
organizations.--During the covered period, any
nonprofit organization shall be eligible to
receive a covered loan.''.
(b) Prohibition on Funding for Abortions.--Section 7(a)(36) of the
Small Business Act (15 U.S.C. 636(a)(36)) is amended by adding at the
end the following:
``(S) Prohibition on funding for abortions.--
``(i) In general.--Except as provided in
clause (ii), no entity, including an affiliate,
subsidiary, successor, or clinic thereof, that
provides abortions shall be eligible to receive
a covered loan.
``(ii) Exceptions.--Clause (i) shall not
apply to--
``(I) a hospital, as defined in
section 1861(e) of the Social Security
Act (42 U.S.C. 1395x(e)); or
``(II) an abortion described in
section 507(a) of division A of the
Further Consolidated Appropriations
Act, 2020 (Public Law 116-94).''.
<all>
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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