Stimulus Bill Text Ppp

On december 27 2020 president trump signed the fourth phase of covid 19 stimulus the 2021 consolidated appropriations act act a nearly 1 trillion piece of legislation. Depositphotos this article new stimulus bill brings ppp aid tax relief to small business was first published on small business trends. The act includes tax extenders credits and incentives direct relief for individuals additional lending relief for businesses impacted by covid 19 and funding for the federal government.

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Stimulus bill text ppp. Mcconnell hailing the bipartisan breakthrough said the bill s text must be finalized and barring any last minute obstacles pass the house and senate before president donald trump can sign. Provides tax deductions and other relief. 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.

Part of that bill was the economic aid to hard hit small businesses nonprofits and venue act which made changes to all paycheck protection program ppp loans re opened the ppp program for new loans and allowed certain borrowers to obtain a second ppp loan. The 900 billion covid 19 stimulus bill of december 2020 improves the paycheck protection program ppp2. If you are a small business owner the covid 19 stimulus package that congress passed on monday evening.

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. On december 27 2020 president trump signed the 2021 consolidated appropriations act which also contained the latest stimulus relief bill.

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