1. Short title
This Act may be cited as the “PPP Access for Rural Hospitals Act”.
PPP Access for Rural Hospitals Act
A BILL
To amend the Small Business Act to include hospitals serving rural areas or areas of persistent poverty in the paycheck protection program, and for other purposes.
2. Inclusion of critical care hospitals in the paycheck protection program
Eligibility of hospitals with more than one physical location— Section 7(a)(36)(D)(iii) of the Small Business Act (15 U.S.C. 636(a)(36)(D)(iii)) is amended by striking “beginning with 72” and inserting the following: “beginning with 72 (or, in the case of a critical care hospital, is assigned a North American Industry Classification System code beginning with 62)”.
Waiver of affiliation rules— Section 7(a)(36)(D)(iv)(I) of the Small Business Act (15 U.S.C. 636(a)(36)(D)(iv)(I)) is amended by striking “beginning with 72” and inserting the following: “beginning with 72 (or, in the case of a critical care hospital, is assigned a North American Industry Classification System code beginning with 62)”.
Critical care hospitals defined— Section 7(a)(36)(D) of the Small Business Act (15 U.S.C. 636(a)(36)(D)) is amended by adding at the end the following new clause:
“(vii) Critical care hospital defined—In this clause, the term critical care hospital means a hospital (as defined in section 1861(e) of the Social Security Act (42 U.S.C. 1395x(e))) that—
“(I) is located in a county (or equivalent unit of local government) in a rural area, as defined in section 1886(d)(2)(D) of the Social Security Act (42 U.S.C. 1395ww(d)(2)(D)), is treated as being located in a rural area pursuant to section 1886(d)(8)(E) of such Act (42 U.S.C. 1395ww(d)(8)(E)), or is a critical access hospital, as defined in section 1861(mm)(1) of such Act (42 U.S.C. 1395x(mm)(1)); or
“(II) for the most recent cost reporting period under section 1886(d) of the Social Security Act (42 U.S.C. 1395ww(d)), received an additional payment under section 1886(d)(5)(F) of such Act (42 U.S.C. 1395ww(d)(5)(F)).”