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II
116TH CONGRESS
2D SESSION
S. 3984
To provide that payments for waste and recycling collection services are
allowable expenses under the paycheck protection program and eligible
for loan forgiveness under the CARES Act, and for other purposes.
IN THE SENATE OF THE UNITED STATES
JUNE 17, 2020
Mr. CARPER (for himself, Mr. BOOZMAN, and Mr. PORTMAN) introduced the
following bill; which was read twice and referred to the Committee on
Small Business and Entrepreneurship
A BILL
To provide that payments for waste and recycling collection
services are allowable expenses under the paycheck pro-
tection program and eligible for loan forgiveness under
the CARES Act, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. INCLUSION OF WASTE AND RECYCLING COL-
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LECTION SERVICES.
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(a) ALLOWABLE
USE
OF
PPP LOAN.—Section
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7(a)(36)(F)(i) of the Small Business Act (15 U.S.C.
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636(a)(36)(F)(i)) is amended—
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•S 3984 IS
(1) in subclause (VI), by striking ‘‘and’’ at the
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end;
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(2) in subclause (VII), by striking the period at
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the end and inserting ‘‘; and’’ and
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(3) by adding at the end the following:
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‘‘(VIII) payments for waste or
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recycling collection services.’’.
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(b) LOAN
FORGIVENESS.—Section 1106 of the
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CARES Act (Public Law 116–136) is amended—
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(1) in subsection (a)—
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(A) in paragraph (7)—
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(i) in subparagraph (C), by striking
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‘‘and’’ at the end; and
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(ii) by adding at the end the fol-
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lowing:
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‘‘(E) covered waste and recycling collection
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services payments;’’;
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(B) in paragraph (8), by striking the pe-
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riod at the end and inserting ‘‘; and’’; and
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(C) by adding at the end the following:
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‘‘(9) the term ‘covered waste or recycling collec-
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tion service payment’ means a payment for a waste
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or recycling collection service for which service began
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before February 15, 2020.’’;
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•S 3984 IS
(2) in subsection (b), by adding at the end the
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following:
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‘‘(5) Any covered waste or recycling collection
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service payment.’’;
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(3) in subsection (d)(8), by inserting ‘‘any cov-
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ered waste or recycling collection service payment,’’
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after ‘‘rent obligation,’’;
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(4) in subsection (e)—
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(A) in paragraph (2), by inserting ‘‘covered
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waste or recycling collection service payments,’’
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after ‘‘lease obligations,’’; and
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(B) in paragraph (3), by inserting ‘‘make
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covered waste or recycling collection service
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payments,’’ after ‘‘rent obligation,’’; and
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(5) in subsection (h), by inserting ‘‘covered
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waste or recycling collection service payments,’’ after
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‘‘lease obligations,’’ each place that term appears.
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Æ
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