Highlights from the Stimulus Bill of 12/20

Senator Portman (R-OH) worked hard to get a deal done on additional COVID-19 relief, and was a key negotiator on housing related issues, especially the Emergency Rental Assistance, detailed below.  The bill passed with only a handful of Senators and several Congressmen opposing it.  The bipartisan package authorizes a second round of PPP loans for the hardest hit small businesses, additional unemployment benefits, support for health care providers, additional funding for vaccine development and distribution, funding for testing and tracing, and funding for a litany of smaller programs.

The $25 Billion will be parceled out in a block grant to states on per person share with funds likely arriving by February.  Add ... Read More…