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Senate advances $30M small-business relief program to help COVID‑impacted employers
Summary
Senate Bill 202 would create a GOED-administered grant program to give short-term fixed-cost grants (e.g., rent) to small businesses harmed by COVID; sponsors said windows will prioritize businesses with the greatest revenue loss and the fiscal note is about $30 million.
Senate Bill 202, described on the floor as a GRAMA program for small businesses, advanced toward final consideration after sponsor remarks and questioning about its fiscal impact and eligibility criteria.
Senator Colomor (sponsor) said the program would administer three months of fixed-cost grants (primarily rent) to businesses most affected by COVID. The program will…
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