# 116-hr-7522: To establish the Small Business Economic Assistance Program.

116-hr-7522, To establish the Small Business Economic Assistance Program., is a 116th Congress bill sponsored by Sen. Gallego, Ruben [D-AZ] (D-AZ); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7522
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7522
- Congress: 116
- Title: To establish the Small Business Economic Assistance Program.
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-07-09
- Sponsor: Sen. Gallego, Ruben [D-AZ] (D-AZ)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill establishes the Small Business Economic Assistance Program to provide financial assistance to certain small businesses. Among other eligibility requirements, a small business must have (1) more than 1 but fewer than 50 employees, (2) not received a payment under the Paycheck Protection Program, and (3) been established prior to January 1, 2020. Such assistance shall consist of a financial assistance payment equal to $5,000 per employee, at least 80% of which the recipient shall use for employee compensation. The remaining amounts shall be used for business costs such as rent, mortgage payments, or utility payments.

## Related bills

- 116-hr-8801: Air America Act of 2020
- 116-hr-8782: Keeping All Students Safe Act
- 116-hr-8729: Native American Language Resource Center Act
- 116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020
- 116-hr-8665: Extending Tribal Broadband Priority Act of 2020
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act

## Sources
- [116-hr-7522 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7522)

## Related
- [116-hr-8801: Air America Act of 2020](https://policyrisk.com/legislation/116-hr-8801)
- [116-hr-8782: Keeping All Students Safe Act](https://policyrisk.com/legislation/116-hr-8782)
- [116-hr-8729: Native American Language Resource Center Act](https://policyrisk.com/legislation/116-hr-8729)
- [116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020](https://policyrisk.com/legislation/116-hr-8702)
- [116-hr-8665: Extending Tribal Broadband Priority Act of 2020](https://policyrisk.com/legislation/116-hr-8665)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7522 (as of 2025-11-18).