Following months of on-again, off-again negotiations among representatives of both parties, both chambers of Congress, the U.S. Treasury Department and the White House, it appears that another stimulus bill is on the horizon. We are hesitant to predict anything in the world of COVID stimulus, not only because of the uncertainty that surrounds the politics of COVID, but also because we don’t want to jinx the process. Nevertheless, because we are closer than we have been in months to seeing a new stimulus bill, including a legislative re-assessment of the Paycheck Protection Program (PPP), we want to focus your attention on the key PPP and small business provisions likely to be enacted into law — based on the framework summary of the Bipartisan Emergency COVID Relief Act of 2020 shared on December 9.
The bipartisan agreement is still working its way through the legislative process and it’s anyone’s guess what the final bill will look like, but we’ll keep you apprised.
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