H.R. 6475 (Introduced in House) — To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.

(a)

In general— Section 7(a)(36) of the Small Business Act (15 U.S.C. 636(a)(36)) is amended—

(1)

in subparagraph (A)—

(A)

in clause (viii), by striking “and” at the end;

(B)

in clause (ix), by striking the period at the end and inserting a semicolon; and

(C)

by adding at the end the following:

“(x) the term covered entity means—

“(I) financial businesses (as defined in section 120.110(b) of title 13, Code of Federal Regulations); and

“(II) legal gambling businesses (as described under section 120.110(g) of title 13, Code of Federal Regulations).”

(2)

in subparagraph (D), by inserting “covered entity,” after “veterans organization,” each place it appears.

To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.