Sec. 2. Subsidy for certain loan payments
200 words·~1 min read·
/bill/117/hr/809/ih/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 1112 of the CARES Act ( 15 U.S.C. 9011 ) is amended— in subsection (a)— in paragraph (1)(B), by striking or at the end; in paragraph (2), by striking the period at the end and inserting ; or ; and by adding at the end the following: made during the period beginning on January 1, 2015, and ending on the day before the date of enactment of this paragraph— to a business concern under section 7(b)(1) of the Small Business Act ( 15 U.S.C. 636(b)(1) ) that is unrelated to the COVID–19 pandemic; or under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ) that is unrelated to the COVID–19 pandemic. ; and in subsection (c)— in paragraph (1)— in subparagraphs
(A)and (B), by inserting (except a covered loan described in subsection (a)(3)) after on deferment each place it appears; and by adding at the end the following new subparagraph: With respect to a covered loan described in subsection (a)(3), for the 6-month period beginning with the first payment due on the covered loan. ; and in paragraph (6), by inserting (except a covered loan described in subsection (a)(3)) after for a covered loan .
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources