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US S1382

US S1382
Abortion Providers Loan Elimination Act


summary

Introduced
04/27/2021
In Committee
04/27/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Small Business Act to prohibit abortion pro- viders from receiving a covered loan under the paycheck protection program, and for other purposes.

AI Summary

This bill, the Abortion Providers Loan Elimination Act, aims to prohibit abortion providers from receiving covered loans under the Paycheck Protection Program (PPP) established by the CARES Act. The bill cites findings that Planned Parenthood, a nonprofit organization with significant assets and employees, improperly applied for and received $80 million in PPP loans, despite the CARES Act's affiliation rules disqualifying large organizations like Planned Parenthood from the program. The bill proposes amending the Small Business Act to explicitly exclude abortion providers, with exceptions for hospitals and certain entities that only provide abortions in specific cases. Additionally, the bill requires the Small Business Administration's Inspector General to investigate and report on the number of PPP loans made to Planned Parenthood and other abortion providers.

Committee Categories

Business and Industry

Sponsors (26)

Last Action

Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 04/27/2021)

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