Senate Republicans introduced a scaled-back coronavirus relief package that includes ICBA-advocated provisions contained in previous drafts.
Senate stimulus package includes ICBA priorities
September 09, 2020 / By ICBA
Senate Republicans introduced a scaled-back coronavirus relief package that includes ICBA-advocated provisions contained in previous drafts.
Senate Republicans introduced a scaled-back coronavirus relief package that includes ICBA-advocated provisions contained in previous drafts.
The $500 billion "skinny" package, which Senate Majority Leader Mitch McConnell (R-Ky.) said would be brought to a vote as soon as this week, includes provisions forgiving Paycheck Protection Program loans under $150,000, providing a lender safe harbor, expanding forgivable expenses, and more.
The House isn't expected to take up the legislation. ICBA continues working with policymakers on the next stimulus package as Congress and the Trump administration work to resume negotiations.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
