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Congresswoman Joyce Beatty

Representing the 3rd District of Ohio

Beatty Bills, Backed Provisions Wrapped in The Heroes Act

May 15, 2020
Press Release

WASHINGTON, D.C.—U.S. Congresswoman Joyce Beatty (OH-03) traveled back to Washington, D.C. today to vote on The Heroes Act, H.R. 6800, a bold and comprehensive piece of legislation to address the ongoing public health crisis posed by the Coronavirus (COVID-19) Pandemic.

Prior to the vote, Beatty was among a select group of lawmakers invited to speak on the U.S. House of Representatives’ floor. “I rise today in support of this big, bold, and ‘For the People’ piece of legislation. We have been called back to this great chamber to speak on the human condition and highlight the plight faced by so many of our constituents and fellow Americans,” Beatty said. “The Heroes Act guarantees hazard pay for frontline workers that they need and deserve; makes significant investments in state and local governments, affordable housing, COVID-19 testing and contact tracing, and fair elections; and provides direct economic impact payments for families, and other important provisions I have long championed like putting a moratorium on consumer debt collection, forgivable loans for more nonprofits, banning the box on small business loans, and ensuring that the smallest businesses can get a Paycheck Protection Program loan.” She implored her colleagues, “Vote for this bill—the American people are worth it.” To view Beatty’s full speech, visit her official YouTube page.

After the Coronavirus Aid, Relief, and Economic Security (CARESAct, P.L. 116-136, and the Paycheck Protection Program and Health Care Enhancement Act, P.L. 116-139, became law, Beatty and her staff immediately turned their attention to pushing and crafting proposals and legislative language for incorporation into The Heroes Act to help hardworking Central Ohioans, families, and small and micro businesses.

Highlights include:

Temporary Halt on Consumer Debt Collection

The Heroes Act (Section 110402) provides a temporary moratorium on consumer debt collection during the COVID-19 emergency, and for 120 days thereafter. This provision mirrors Beatty’s bill, the Relief for Consumers During COVID-19, HR 6332, that provides a temporary suspension on consumer debt collection during the pandemic, and another 120 days after.

PPP Carveout for Smallest Businesses

The Heroes Act (Section 90001) mandates 25 percent of Paycheck Protection Program (PPP) funds for small businesses with fewer than 10 employees, similar to Beatty’s Making Opportunities a Reality for Entrepreneurs (MORE) PPP Act that stipulates a carve out for small businesses with fewer than 25 employees, as well as independent contractors, sole proprietorships and the self-employed.

‘Ban the Box’ for SBA Loans

The Heroes Act (Section 90001) eliminates barriers for otherwise eligible small businesses, independent contractors, and self-employed individuals who have a criminal record from receiving financial assistance through the Small Business Administration (SBA). Beatty’s Fair Chance at Small Business Relief Act would fix a flaw in the SBA PPP and Economic Injury Disaster Loan Emergency Advance Program that disqualifies small business owners with even minor offenses from critical relief.

Forgivable Loans for Nonprofits

The Heroes Act (Section 110604) mandates that the Federal Reserve include nonprofit organizations in the Main Street Lending Program and offer those organizations low cost and forgivable loans to continue their important work serving low-income communities. Beatty’s Help Charities Protect Communities Act also requires the Federal Reserve to include nonprofit organizations in the Main Street Lending Program and to extend to them low cost and forgivable loans.

Vouchers for the Homeless to Use Hotels/Motels

The Heroes Act (Section 110301) allows individuals experiencing homelessness to use housing vouchers at hotel/motels during the pandemic, just like Beatty’s Ensuring Safe Housing for Homeless During the COVID-19 Pandemic Act of 2020.

PPP Data Collection

The Heroes Act (Section 90004) requires data collection on veteran status, gender, race and ethnicity, as does her MORE PPP Act.

For more legislative highlights, please see ‘Additional Beatty-Backed Provisions Part of The Heroes Act.’