Plain English summary not yet available
The full original text is available below. Check back soon as we process this bill.
I
117TH CONGRESS
1ST SESSION H. R. 1757
To permit shuttered venue operators to receive shuttered venue operator
grants and paycheck protection program loans, and for other purposes.
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.
Be it enacted by the Senate and House of Representa-
1
tives of the United States of America in Congress assembled,
2
SECTION 1. SHORT TITLE.
3
This Act may be cited as the ‘‘Boosting Revenue As-
4
sistance for Venue Operators Act’’ or the ‘‘BRAVO Act’’.
5
SEC. 2. SHUTTERED VENUE OPERATOR PAYCHECK PRO-
6
TECTION PROGRAM LOAN ELIGIBILITY.
7
Section 324 of the Economic Aid to Hard-Hit Small
8
Businesses, Nonprofits, and Venues Act (Public Law 116–
9
260) is amended—
10
VerDate Sep 11 2014
19:40 May 03, 2021
Jkt 019200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H1757.IH
H1757
pamtmann on DSKBC07HB2PROD with BILLS
2
•HR 1757 IH
(1) in subsection (a)(1)(A)(vi)—
1
(A) by striking subclause (III);
2
(B) by redesignating subclause (IV) as
3
subclause (III); and
4
(C) in subclause (III), as so redesignated,
5
by striking ‘‘(I), (II), and (III)’’ and inserting
6
‘‘(I) and (II)’’;
7
(2) by redesignating subsections (e) and (f) as
8
subsections (f) and (g), respectively; and
9
(3) by inserting after subsection (d) the fol-
10
lowing new subsection:
11
‘‘(e) NON-DUPLICATION.—A recipient of a loan guar-
12
anteed under paragraph (36) or (37) of section 7(a) of
13
the Small Business Act (15 U.S.C. 636(a)) may receive
14
a grant under this section only if such grant is used for
15
purposes other than paying payroll costs and other obliga-
16
tions described in section 7(a)(36)(F) of the Small Busi-
17
ness Act (15 U.S.C. 636(a)(36)(F)).’’.
18
Æ
VerDate Sep 11 2014
19:40 May 03, 2021
Jkt 019200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6301
E:\BILLS\H1757.IH
H1757
pamtmann on DSKBC07HB2PROD with BILLS