US SB4258 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 28-13-1)
Status: Introduced on July 22 2020 - 25% progression
Action: 2020-07-22 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

SOS Act Save our Stages Act This bill authorizes the Small Business Administration (SBA) to make grants to eligible live venue operators, producers, promoters, or talent representatives to address the economic effects of the COVID-19 (i.e., coronavirus disease 2019) pandemic on certain live venues. Specifically, the SBA may make (1) an initial grant of up to $12 million dollars to an eligible operator, promoter, producer, or talent representative; and (2) a supplemental grant that is equal to 50% of the initial grant. An initial grant must be used for costs incurred between March 1, 2020, and December 31, 2020, but a supplemental grant may be used for expenses incurred through June 30, 2021. Such grants shall be used for specified expenses such as payroll costs, rent, utilities, and personal protective equipment.

Tracking Information

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Title

SOS Act Save our Stages Act

Sponsors


History

DateChamberAction
2020-07-22SenateRead twice and referred to the Committee on Small Business and Entrepreneurship.

Same As/Similar To

HB7806 (Same As) 2020-07-27 - Referred to the House Committee on Small Business.

Subjects


US Congress State Sources


Bill Comments

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