Sec. 2. Definitions
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In this Act: The term Administrator means the Administrator of the Small Business Administration. The term covered grant means a grant made under this Act to an eligible entity. The term covered law means— the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 ( Public Law 116–123 ; 134 Stat. 146); the Families First Coronavirus Response Act ( Public Law 116–127 ; 134 Stat. 177); the CARES Act ( Public Law 116–136 ; 134 Stat. 281); the Paycheck Protection Program and Health Care Enhancement Act ( Public Law 116–139 ; 134 Stat. 620); the Consolidated Appropriations Act, 2021 ( Public Law 116–260 ); or the American Rescue Plan Act of 2021 ( Public Law 117–2 ).
The terms covered mortgage obligation , covered rent obligation , covered utility payment , and covered worker protection expenditure have the meanings given those terms in section 7A(a) of the Small Business Act ( 15 U.S.C. 636m(a) ). The term eligible entity means any Minor League Baseball Club or Independent Professional Baseball Club that meets the following requirements: The Minor League Baseball Club or Independent Professional Baseball Club was operating in the ordinary course of business on February 29, 2020.
The gross revenues of the Minor League Baseball Club or Independent Professional Baseball Club in calendar year 2020 were not more than 25 percent of the gross revenues of the Minor League Baseball Club or Independent Professional Baseball Club in calendar year 2019, or, if the gross revenues of the Minor League Baseball Club or Independent Professional Baseball Club were negatively impacted by a natural disaster or weather disruption in 2019, not more than 25 percent of the average annual gross revenues of the Minor League Baseball Club or Independent Professional Baseball Club over the 3-year period from 2017 through 2019, as determined by the Administrator using the accrual method of accounting and excluding any amounts received any amounts received under the CARES Act ( 15 U.S.C. 9001 et seq. ), an amendment to such Act, the Consolidated Appropriations Act, 2021 ( Public Law 116–260 ), or any subsequent COVID Relief package.
At the time the Minor League Baseball Club or Independent Professional Baseball Club submits the certification required under section 3(c), the Minor League Baseball Club or Independent Professional Baseball Club is open, or intends to reopen, for the primary purpose of conducting baseball games. The Minor League Baseball Club or Independent Professional Baseball Club is not majority owned, directly or indirectly, by Major League Baseball, a Major League Baseball Club, or one or more persons who have a greater than 10-percent ownership interest in a Major League Baseball Club.
The term Independent Professional Baseball Club means a professional baseball team, including a professional baseball team that is a corporation, limited liability company, or a partnership or operated as a sole proprietorship, that— operates for profit or as a nonprofit organization; is located in the United States; and as of February 29, 2020, was a member of— the American Association of Professional Baseball; the Atlantic League of Professional Baseball; the Canadian American Association of Professional Baseball; the Empire Professional Baseball League; the Frontier League; the Pacific Association of Professional Baseball Clubs; the Pecos League of Professional Baseball Clubs; the United Shore Professional Baseball League; or the Western League.
The term Minor League Baseball Club means a professional baseball team, including a professional baseball team that is a corporation, limited liability company, or a partnership or operated as a sole proprietorship, that— operates for profit or as a nonprofit organization; is located in the United States; and as of February 29, 2020, was a member of a league that was a member of the National Association of Professional Baseball Leagues, Inc.; or has been offered and is operating or has agreed to operate under— a Player Development License granted by MLB Professional Development Leagues, LLC; or a license granted by Appalachian League, Inc.
The term payroll costs has the meaning given the term in section 7(a)(36)(A) of the Small Business Act ( 15 U.S.C. 636(a)(36) ).
Connectionstraces to 9
Traces to 9 documents
public-private-law
- Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020Public Law 116-123
- Families First Coronavirus Response ActPublic Law 116-127
- Coronavirus Aid, Relief, and Economic Security ActPublic Law 116-136
- Paycheck Protection Program and Health Care Enhancement ActPublic Law 116-139
- Consolidated Appropriations Act, 2021Public Law 116-260
- American Rescue Plan Act of 2021Public Law 117-2
4 references not yet in our index
- 134 Stat. 146
- 134 Stat. 177
- 134 Stat. 281
- 134 Stat. 620
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Sec. 2
Definitions
Stat.134 Stat. 146
Stat.134 Stat. 177
Stat.134 Stat. 281
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