S. 4258 116th Congress Senate

SOS Act

Official title: A bill to establish a grant program for small live venue operators and talent representatives.

Introduced: December 2, 2020 Introduced by: John Cornyn Republican · Texas See on congress.gov

Commerce Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careEmployee benefits and pensions

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Health care costs and insuranceHealth care coverage and accessHealth technology, devices, suppliesInfectious and parasitic diseasesMusicPerforming artsSmall businessWages and earningsWorker safety and health

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 22, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Jul 22, 2020

Introduced in Senate

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Latest action July 22, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Plain-English summary Congressional Research Service

Save our Stages Act or the SOS Act

This bill authorizes the Small Business Administration (SBA) to make grants to eligible live venue operators, producers, promoters, or talent representatives to address the economic effects of the COVID-19 (i.e., coronavirus disease 2019) pandemic on certain live venues.

Specifically, the SBA may make (1) an initial grant of up to $12 million dollars to an eligible operator, promoter, producer, or talent representative; and (2) a supplemental grant that is equal to 50% of the initial grant. An initial grant must be used for costs incurred between March 1, 2020, and December 31, 2020, but a supplemental grant may be used for expenses incurred through June 30, 2021.

Such grants shall be used for specified expenses such as payroll costs, rent, utilities, and personal protective equipment.

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