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The second stimulus bill the economic aid to hard hit small businesses nonprofits and venues act has been passed by congress and signed into law by president trump.
New stimulus bill breakdown for small business. The bill also sets aside 2 billion for the bus industry and 10 billion for state highways. The legislation also extends pandemic unemployment assistance a program aimed at a. The new benefit up to 300 per week is half the amount provided by the original stimulus bill in the spring.
The 325 billion allotted to help small businesses includes 284 billion for first and second forgivable paycheck protection program loans and expands eligibility for local newspapers and tv and radio broadcasters.
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