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I
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 Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. ADDITIONAL ELIGIBLE EXPENSES.
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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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(1) in subclause (VI), by striking ‘‘and’’ at the
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end;
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•HR 8620 IH
(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) covered operations ex-
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penditures, as defined in section
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1106(a) of the CARES Act (15
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U.S.C. 9005(a)).’’.
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(b) LOAN
FORGIVENESS.—Section 1106 of the
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CARES Act (15 U.S.C. 9005) is amended—
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(1) in subsection (a)—
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(A)
by
redesignating
paragraphs
(3)
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through (8) as paragraphs (4) through (9), re-
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spectively;
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(B) by inserting after paragraph (2) the
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following:
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‘‘(3) the term ‘covered operations expenditure’
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means a payment for any business software or cloud
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computing service that facilitates business oper-
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ations, product or service delivery, the processing,
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payment, or tracking of payroll expenses, human re-
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sources, sales and billing functions, or accounting or
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tracking of supplies, inventory, records and ex-
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penses;’’; and
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(C) in paragraph (8), as so redesignated—
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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
operations
expenditures;
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and’’;
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(2) in subsection (b), by adding at the end the
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following:
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‘‘(5) Any covered operations expenditure.’’;
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(3) in subsection (d)(8), by inserting ‘‘any pay-
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ment on any covered operations expenditure,’’ after
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‘‘rent obligation,’’;
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(4) in subsection (e)—
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(A) in paragraph (2), by inserting ‘‘pay-
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ments on covered operations expenditures,’’
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after ‘‘lease obligations,’’; and
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(B) in paragraph (3)(B), by inserting
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‘‘make payments on covered operations expendi-
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tures,’’ after ‘‘rent obligation,’’; and
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(5) in subsection (h), by inserting ‘‘payments
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on covered operations expenditures,’’ after ‘‘lease ob-
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ligations,’’ each place it appears.
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Æ
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