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S 4008 - Small Business COVID Relief Act of 2022 - National Key Vote

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Title: Small Business COVID Relief Act of 2022

Vote Smart's Synopsis:

Vote on a motion to invoke cloture on a bill provides COVID relief for restaurants, gyms, minor league sports teams, border businesses, live venue service providers, exclave businesses, and providers of transportation services.

Highlights:

 

  • Appropriates additional $68.6 billion in funding for the Small Business Administration (SBA) to provide grants to support the ongoing operations of eligible restaurants and similar establishments impacted by the COVID-19 pandemic, including (Title I, Sec. 101):

    • Gyms and fitness centers;

    • Minor league sports teams;

    • Businesses located near land ports of entry;

    • Businesses that provide and support live events; and

    • Businesses located in certain U.S. exclaves with limited accessibility.

  • Requires the SBA report weekly and biweekly information about grant applications, awards, and denials and specifies that a business may only receive a grant under one program (Title I, Sec. 103).

  • Establishes procedures for the SBA to implement and provide administrative support for these grant programs, and requires the SBA institute an oversight and audit plan to review the use of grants under these programs (Title I, Sec. 104).

  • Appropriates additional funds for grants to support eligible transportation service providers (Title IV, Sec. 401).

  • Appropriates these aforementioned funds as emergency spending which is exempt from discretionary spending limits (Title VI, Sec. 601).

NOTE: THIS IS A VOTE TO INVOKE CLOTURE ON A MOTION TO PROCEED, WHICH SENDS THE LEGISLATION TO THE FLOOR OF THE SENATE FOR DEBATE AND AMENDMENT. A MOTION TO PROCEED ALONE REQUIRES A MAJORITY FOR APPROVAL. HOWEVER, THE MOTION CAN BE FILIBUSTERED, AND WHEN THIS OCCURS, A CLOTURE VOTE IS NECESSARY TO VOTE ON THE MOTION TO PROCEED. A THREE-FIFTHS MAJORITY OF THE SENATE IS NECESSARY TO INVOKE CLOTURE.

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