The MUSIC Act (Music Under Severe Income Crisis) Before The Senate

Senate Amendment 2412 by Senator Marsha Blackburn was put forth August 3. It is known as The MUSIC Act (Music Under Severe Income Crisis) This amendment will allow Service and Support Companies as well as showcase performers or pre-packaged productions to potential buyers to participate in SVOG. This amendment will travel with the new infrastructure bill currently before the Senate. Senator Chuck Schumer has indicated there will be a Senate vote tomorrow, Saturday, August 7, on the infrastructure bill. Thus, The MUSIC Act will also be considered then.

"It is imperative that as many people as possible execute the attached link from our good friends at NAMM. All you will do is provide your name and address and the software will send a letter to your Senators, your Representative and to Senator Schumer," says Michael Strickland of Bandit Lites.

"As always, our strength is in our numbers. Time is against us as there may very well be a vote Saturday. The more people that our legislators hear from, the better the chances of the amendment passing. Please share this story with as many people and entities as possible."

https://app.govpredict.com/gr/v367klxd

MIR21C28 RRT S.L.C.

AMENDMENT NO.  Calendar No.  

Purpose: To make companies that support venues and events eligible for grants under the shuttered venue operators grant program.

IN THE SENATE OF THE UNITED STATES—117th Cong., 1st Sess H. R. 3684

To authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes.

Referred to the Committee on _________ and ordered to be printed

Ordered to lie on the table and to be printed

AMENDMENT intended to be proposed by Mrs. BLACKBURN to the amendment (No. 2137) proposed by Ms. SINEMA (for herself and Mr. PORTMAN)

Viz:

1 At the appropriate place in division I,

2. insert the following:

3 SEC. 90lll3 . ADDING SERVICE AND SUPPORT COMPANIES

4 TO THE SHUTTERED VENUE OPERATORS

5 GRANT PROGRAM.

6 (a) IN GENERAL.—Section 324 of the Economic Aid

7 to Hard-Hit Small Businesses, Nonprofits, and Venues

8 Act (title III of division N of Public Law 116–260) is

9 amended—

10 (1) in subsection (a)—

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1 (A) in paragraph (1)—

2 (i) in subparagraph (A)—

3 (I) in the matter preceding clause

4 (i), by inserting ‘‘a service and sup5

port company,’’ after ‘‘theatre oper

6 ator,’’;

7 (II) in clause (i)—

8 (aa) in the matter preceding

9 subclause (I), by inserting ‘‘the

10 service and support company,’’

11 after ‘‘theatre operator,’’; and

12 (bb) in subclause (I), by in

13 serting ‘‘a service and support

14 company,’’ after ‘‘theatre oper1

5 ator,’’;

16 (III) in clause (ii)—

17 (aa) in subclause (III), by

18 striking ‘‘and’’ at the end;

19 (bb) in subclause (IV), by

20 adding ‘‘and’’ at the end; and

21 (cc) by adding at the end

22 the following:

23 ‘‘(V) the service and support

24 company is or intends to resume the

MIR21C28 RRT S.L.C.

1 services and activities described in

2 paragraph (11);’’; and

3 (IV) in clause (vi), by inserting

4 ‘‘the service and support company,’’

5 after ‘‘theatre operator,’’ each place

6 that term appears; and

7 (ii) in subparagraph (B), by inserting

8 ‘‘service and support company,’’ after ‘‘the

9 atre operator,’’ each place that term ap

10 pears; and

11 (B) by adding at the end the following:

12 ‘‘(11) SERVICE AND SUPPORT COMPANY.—The

13 term ‘service and support company’—

14 ‘‘(A) means an individual or entity—

15 ‘‘(i) that is assigned a North Amer

16 ican Industry Classification System code of

17 532490, 541410, 541420, 541430,

18 541490, 561920, 711190, or 711320, as

19 appears on the most recent income tax fil

20 ing or on the application for a loan under

21 paragraph (36) or (37) of section 7(a) of

22 the Small Business Act (15 U.S.C. 636(a))

23 of the individual or entity, if applicable;

24 and

25 ‘‘(ii) that—

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1 ‘‘(I)(aa) as a principal business

2 activity, provide stages, lighting,

3 sound, casts, or other support for live

4 performing arts events; and

5 ‘‘(bb) for which not less than 70

6 percent of the earned revenue generated through providing the support

8 described in item (aa) is for live per

9 forming arts events organized, pro

10 moted, produced, managed, or hosted

11 by an eligible person or entity de12

scribed in paragraph (1)(A)(iii); or

13 ‘‘(II)(aa) showcases performers

14 or pre-packaged productions to poten

15 tial buyers; and

16 ‘‘(bb) for which not less than 70

17 percent of the earned revenue gen

18 erated through showcasing performers

19 or pre-packaged productions described

20 in item (aa) is for live performing arts

21 events—

22 ‘‘(AA) organized, promoted,

23 produced, managed, or hosted by

24 an eligible person or entity de

 

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1 scribed in paragraph (1)(A)(iii);

2 or

3 ‘‘(BB) hosted in a hotel or

4 convention center facility;

5 ‘‘(B) includes an individual or entity de

6 scribed in subparagraph (A) that—

7 ‘‘(i) operates for profit;

8 ‘‘(ii) is a nonprofit organization;

9 ‘‘(iii) is government-owned; or

10 ‘‘(iv) is a corporation, limited liability

11 company, or partnership or operated as a

12 sole proprietorship; and

13 ‘‘(C) does not include—

14 ‘‘(i) an individual or entity described

15 in subparagraph (A) that—

16 ‘‘(I) employs more than 250 full

17 time employees; or

18 ‘‘(II) is registered or operates

19 outside of the United States; or

20 ‘‘(ii) an entity that is majority owned

21 or controlled by an entity that is an issuer,

22 the securities of which are listed on a na

23 tional securities exchange under section 6

24 of the Securities Exchange Act of 1934

25 (15 U.S.C. 78f).’’; and

 

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1 (2) in subsection (b)(2)(B), by adding at the

2 end the following:

3 ‘‘(iii) PRIORITY FOR AWARDS TO

4 SERVICE AND SUPPORT COMPANIES.—

5 ‘‘(I) FIRST PRIORITY IN AWARD6

ING GRANTS.—During the initial 14-

7 day period during which service and

8 support companies are eligible to re

9 ceive a grant under this paragraph, in

10 making awards to those companies,

11 the Administrator shall only award

12 grants to those companies with rev

13 enue during the period beginning on

14 April 1, 2020 and ending on Decem15

ber 31, 2020, that is not more than

16 10 percent of the revenue of the com

17 pany during the period beginning on

18 April 1, 2019 and ending on Decem

19 ber 31, 2019, due to the COVID–19

20 pandemic.

21 ‘‘(II) SECOND PRIORITY IN

22 AWARDING GRANTS.—During the 14-

23 day period immediately following

24 the14-day period described in clause

25 (i), in making awards to service and

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1 support companies under this para2

graph, the Administrator shall only

3 award grants to those companies with

4 revenue, during the period beginning

5 on April 1, 2020 and ending on De

6 cember 31, 2020, that is not more

7 than 30 percent of the revenue of the

8 company during the period beginning

9 on April 1, 2019 and ending on De

10 cember 31, 2019, due to the COVID–

11 19 pandemic.’’.

12 (b) TRANSFER OF AMOUNTS FROM CORONAVIRUS

13 STATE AND LOCAL FISCAL RECOVERY FUNDS TO SHUT14

TERED VENUE OPERATORS PROGRAM.—

15 (1) RESCISSION.—Of the unobligated balances

16 of amounts appropriated under sections 602(a)(1)

17 and 603(a) of the Social Security Act (as added by

18 section 9901 of the American Rescue Plan Act of

19 2021 (Public Law 117–2)) on the date of enactment

20 of this Act, $4,000,000,000 is rescinded, provided

21 that amounts shall be rescinded from the unobli

22 gated balance of amounts appropriated under such

23 section 602(a)(1) first, and amounts shall then be

24 rescinded from the unobligated balance of amounts

25 appropriated under such section 603(a) only if the

 

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1 unobligated balance of amounts appropriated under

2 such section 602(a)(1) is less than $4,000,000,000.

3 (2) APPROPRIATION.—There is appropriated

4 for an additional amount, out of amounts in the

5 Treasury not otherwise appropriated, for the fiscal

6 year ending September 30, 2021, an amount equal

7 to the amount rescinded under paragraph (1), to re

8 main available until December 31, 2021, under the

9 heading ‘‘Small Business Administration—Shuttered

10 Venue Operators’’, to make grants to service and

11 support companies under section 324 of the Eco

12 nomic Aid to Hard Hit Small Businesses, Non

13 profits, and Venues Act (title III of division N of

14 Public Law 116-260), as amended by subsection (a).

15 (c) PROCESSING PREVIOUSLY DENIED APPLICA

16 TIONS.—If a service and support company, as defined in

17 paragraph (11) of section 324(a) of the Economic Aid to

18 Hard-Hit Small Businesses, Nonprofits, and Venues Act

19 (title III of division N of Public Law 116–260), as added

20 by subsection (a), was denied a grant under such section

21 before the date of enactment of this Act due to lack of

22 eligibility but, as a result of the amendments made by sub

23 section (a), is eligible for a grant under such section, the

24 Administrator of the Small Business Administration shall

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1 reconsider and process the application of the service and

2 support company.

3 (d) REGULATIONS.—Not later than 30 days after the

4 date of enactment of this Act, the Administrator of the

5 Small Business Administration shall issue regulations to

6 carry out this Act and the amendments made by this Act

7 without regard to the notice requirements under section

8 553(b) of title 5, United States Code.

9 (e) SENSE OF CONGRESS.—It is the sense of Con

10 gress that the Administrator of the Small Business Ad

11 ministration should—

12 (1) issue guidance to ensure that entities whose

13 principal business is to provide services and support

14 to the live events industry remain eligible for the

15 program established under section 324 of the Eco

16 nomic Aid to Hard Hit Small Businesses, Non

17 profits, and Venues Act (title III of division N of

18 Public Law 116–260); and

19 (2) distribute funds appropriated for that pro

20 gram not later than 120 days after the date of en

21 actment of this Act.