Luetkemeyer on COVID Relief and Government Funding Bill
Washington, December 21, 2020
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding the COVID-19 relief and end of the year funding legislation.
“We have faced a year of adversity like most of us have never experienced, but we are finally seeing light at the end of the tunnel. The COVID-19 bill will provide crucial support for small business and includes resources for the dissemination of vaccines that prioritize our health care workers and most vulnerable. Our economy will soon be able to fully and safely reopen allowing Americans to return to work, students to return to their classrooms nationwide and businesses to once again be able to pay their employees a full paycheck.
“The appropriations portion of this package delivers on several Missouri-specific priorities that I fought to be included to benefit the Third District and our state. While this bill – like most government funding packages – is far from perfect, it delivers major wins for both Missouri and the nation.
“Small businesses nationwide have endured more than their fair share of loss in 2020. Fortunately, more help is finally on the way. The bill provides more than $280 billion to restart and strengthen the Paycheck Protection Program to give struggling small businesses the relief they so desperately need. In order to make the loan forgiveness process less burdensome and less expensive, a streamlined process for all PPP loans up to $150,000 will be implemented this time around. The program will also be specifically targeted to the industries and businesses that have been most affected by the economic decline and has added protections to ensure those who do not need the support do not get it. Lastly, it prevents small businesses that have received PPP funds from being taxed for accepting help.”
Missouri and National Priorities Include: