Code · BILL · 117th Congress · S. 4471 (Introduced in Senate) — To provide relief for small businesses suffering extraordinary losses due to the COVID–19 pandemic. · Sec. 4

Sec. 4. Hardest-Hit Small Business Relief Fund

83 words·~1 min read·/bill/117/s/4471/is/section-4

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There is established in the Treasury of the United States a fund to be known as the Hardest-Hit Small Business Relief Fund. The Fund shall consist of— amounts transferred under section 11; and other amount appropriated to the Fund. Of the amounts transferred under section 11, $80,000,000 shall be for administrative expenses to carry out the program under this Act, of which $20,000,000 shall be for the Inspector General of the Small Business Administration for necessary expenses of the Office of Inspector General.