Sec. 12. Eligibility of certain nonprofit organizations under the paycheck protection program
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Section 7(a)(36)(D) of the Small Business Act ( 15 U.S.C. 636(a)(36)(D) ) is amended— in clause (v), by inserting or whether an entity described in clause
(vii)employs not more than 300 employees, after clause (i)(I), ; and by adding at the end the following: 501(c)(6) organizations Except as provided in subclause (II), any organization that is described in section 501(c)(6) of the Internal Revenue Code and that is exempt from taxation under section 501(a) of such Code (excluding professional football leagues and organizations with the purpose of promoting or participating in a political campaign or other activity) shall be eligible to receive a covered loan if— the organization does not receive more than 10 percent of its receipts from lobbying activities; the lobbying activities of the organization do not comprise more than 10 percent of the total activities of the organization; and the organization employs not more than 300 employees. Notwithstanding subclause (I), during the covered period, any destination marketing organization shall be eligible to receive a covered loan if— the destination marketing organization does not receive more than 10 percent of its receipts from lobbying activities; the lobbying activities of the destination marketing organization do not comprise more than 10 percent of the total activities of the organization; the destination marketing organization employs not more than 300 employees; and the destination marketing organization— is described in section 501(c) of the Internal Revenue Code and is exempt from taxation under section 501(a) of such Code; or is a quasi-governmental entity or is a political subdivision of a State or local government, including any instrumentality of those entities. For the purposes of determining whether a covered nonprofit organization is eligible to receive a covered loan, the Administrator may deem such organization as employing not more than the size standard in number of employees established by the Administration for the industry in which such organization operates or, if no such size standard is applicable, not more than 500 employees. A covered nonprofit organization may not be determined to be ineligible for a covered loan due to the annual gross receipts of such organization. In this clause, the term covered nonprofit organization means a nonprofit organization that— that provides home and community-based services (as referred to in section 1915(c)(1) of the Social Security Act ( 42 U.S.C. 1396n(c)(1) )) to individuals with developmental disabilities (as defined in section 102(8) of the Developmental Disabilities Assistance and Bill of Rights Act of 2000 ( 42 U.S.C. 15002(8) )); and whose annual gross receipts do not exceed $30,000,000. .
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Sec. 12
Eligibility of certain nonprofit organizations under the paycheck protection program
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