Sec. 4. Procedures for providing payroll support
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The Secretary shall provide financial assistance under this Act— to an air carrier required to file reports pursuant to part 241 of title 14, Code of Federal Regulations, as of March 27, 2020, in an amount equal to— the amount such air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ); or at the request of such air carrier, or in the event such an air carrier did not receive assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), the amount of the salaries and benefits reported by the air carrier to the Department of Transportation pursuant to such part 241, for the period from October 1, 2019, through March 31, 2020; to an air carrier that did not transmit reports under such part 241, as of March 27, 2020, in an amount equal to— the amount such air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), plus an additional 15 percent of such amount; in the event such an air carrier did not receive assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), an amount that such an air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if the air carrier were required to transmit such information during the period from October 1, 2019, through March 31, 2020; or at the request of such carrier, provided such carrier received assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), the sum of— the amount that such air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that such air carrier incurred and would be required to be reported to the Department of Transportation pursuant to such part 241, if the carrier were required to transmit such information during the period from October 1, 2019, through March 31, 2020; and an additional amount equal to the difference between the amount certified under clause
(i)and the amount the air carrier received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ); and to a contractor in an amount equal to— the amount such contractor received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ); or in the event such contractor did not receive assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), an amount that the contractor certifies, using sworn financial statements or other appropriate data, as the amount of wages, salaries, benefits, and other compensation that such contractor paid the employees of such contractor during the period from October 1, 2019, through March 31, 2020. Financial assistance provided to an air carrier or contractor under this Act shall— be in such form, on such terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier, cargo air carrier, or contractor to honor the assurances specified in section 5), as agreed to by the Secretary and the recipient for assistance received under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), except where inconsistent with this Act; or in the event such an air carrier or contractor did not receive assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ), be in such form, on such terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier, cargo air carrier, or contractor to honor the assurances specified in section 5), as the Secretary determines appropriate. The Secretary shall publish streamlined and expedited procedures not later than 5 days after the date of enactment of this Act for air carriers and contractors to submit requests for financial assistance under this Act. Not later than 10 days after the date of enactment of this Act, the Secretary shall make initial payments to air carriers and contractors that submit requests for financial assistance approved by to the Secretary. The amounts under subsections (a)(1)(B) and (a)(2)(B) shall, to the maximum extent practicable, be subject to the same pro rata reduction applied by the Secretary to air carriers or contractors, as applicable, that received assistance under section 4113 of the CARES Act ( 15 U.S.C. 9073 ). The Inspector General of the Department of the Treasury shall audit certifications made under subsection (a).
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Sec. 4
Procedures for providing payroll support
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