In May, U.S. Sen. Todd Young co-authored the RESTART Act (S. 3814) to provide support to small and mid-sized businesses most affected by the COVID-19 crisis. Young has been pushing for this bill and recently indicated that a companion measure will be introduced in the House soon. The RESTART Act would give business owners who took out Paycheck Protection [...]
- With President Trump signing the Paycheck Protection Program (PPP) Flexibility Act into law last week, it triggered the easing of conditions for small businesses. Said U.S. Senator Mike Braun, “This (new) legislation will help restaurants and other businesses by extending the PPP loan use from two months to six, allowing companies to defer their payroll taxes, and lowering [...]
(INDIANAPOLIS) — The Indiana Chamber of Commerce today urged members of the state’s congressional delegation to urgently push for additional federal funding for Hoosier small businesses amid the Covid-19 pandemic. “Replenishing both the Paycheck Protection Program and Economic Injury Disaster Loan funds needs to happen right now. We can’t afford to let partisan politics continue to impact the fate of [...]
