Stimulus Bill Business Protection

The bill includes more than 284 billion for first and second forgivable paycheck protection program loans expanded ppp eligibility for nonprofit organizations and news outlets and modifications.

Stimulus bill business protection. The new 900 billion stimulus deal includes 325 billion for small businesses and a continuation of the paycheck protection program. Mcconnell s latest stimulus proposal which is worth less than 500 billion includes the safee to work act that could give companies protection from claims either until the end of 2024 or until. If you are a small business owner the covid 19 stimulus package that congress passed on monday evening december 21 2020 has some very good news.

Provides tax deductions and other relief. This program began with the first coronavirus stimulus package passed in march 2020. Apple to launch electric car using new battery tech by 2024.

The 900 billion stimulus bill that s headed to president trump s desk includes about 284 billion in additional funding for the paycheck protection program which offered small employers. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. The deal allocates money for specific kinds of business owners.

Following president trump s signing of the second coronavirus stimulus bill into law on sunday evening december 27 small businesses around the country may have another chance to apply for forgivable loans through the paycheck protection program. Business groups press legislature to protect sole proprietors from state taxes on federal stimulus aid tens of thousands of businesses could be affected in massachusetts by jon chesto globe staff. Breaking down the 900b stimulus package and 1 4t omnibus bill.