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State agencies outline $50M CARES-funded business-interruption grant for service and hospitality industries
Summary
The Department of Parks, Heritage and Tourism presented a proposed $50 million reimbursement grant program using CARES Act funds targeted to service, hospitality and related businesses. Officials described application timing (target Nov. 16–25), eligibility (NAIC-code targeting; firms ≤250 employees), a $250,000 applicant cap, and coordination with DFA for tax-data verification.
Department of Parks, Heritage and Tourism officials told the Senate Public Health, Welfare and Labor Committee the agency plans a CARES Act–funded business-interruption grant to help service and hospitality businesses affected by COVID-19.
Caleb Osborne said the department proposes to use $50,000,000 from CARES Act allocations to reimburse eligible expenses for businesses directly affected by pandemic measures. Leslie Fiskin, chief of legislative affairs, said the program will be a reimbursement model and that, because many…
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