To increase the eligibility of nonprofit organizations for loans under the Paycheck Protection Program, and for other purposes.
Limiting Infant Fatality and Empowering Nonprofit Organization Workforces or the LIFE NOW Act
This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
Specifically, the bill expands the program to encompass any nonprofit organization regardless of size, and it strikes the affiliation requirements applicable to nonprofit organizations and veterans organizations.
The bill also makes any entity that provides abortions ineligible to receive a paycheck protection loan. An exception is allowed for abortions performed at hospitals or if the pregnancy is the result of rape or incest or endangers the life of the mother.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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