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Bill > S4008


US S4008

Small Business COVID Relief Act of 2022


summary

Introduced
04/05/2022
In Committee
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To provide COVID relief for restaurants, gyms, minor league sports teams, border businesses, live venue service pro- viders, exclave businesses, and providers of transpor- tation services.

AI Summary

This bill, the Small Business COVID Relief Act of 2022, provides COVID relief for several types of small businesses that have been impacted by the pandemic. Key provisions include: - Appropriating an additional $40 billion to replenish and improve the Restaurant Revitalization Fund, including requirements for oversight, audits, and transparency. - Establishing the Gym and Fitness Center Recovery Fund, the Save Minor League Sports Fund, the Border Closure Recovery Grant Fund, the Live Venue Service and Support Business Relief Fund, and the Exclave Community Small Business Relief Fund to provide grants to eligible entities in those sectors. - Allowing the Administrator to transfer funds between these various grant programs as needed. - Providing $2 billion in additional assistance for eligible transportation service providers through the Coronavirus Economic Relief for Transportation Services (CERTS) Act. - Offsetting the costs of the bill through rescissions of unobligated CARES Act funds. The bill is designated as an emergency requirement for budgetary purposes.

Sponsors (2)

Last Action

Cloture on the motion to proceed not invoked in Senate by Yea-Nay Vote. 52 - 43. Record Vote Number: 192. (CR S2614) (on 05/19/2022)

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