Illinois' 6th Congressional District issued the following announcement on April 23.
U.S. Representative Sean Casten (IL-06) voted for H.R. 266, The Paycheck Protection Program and Health Care Enhancement Act. The bill strengthens the Small Business Administration (SBA)’s Paycheck Protection Program (PPP), provides additional funds for our hospitals and health care workers, and expands testing.
Casten said, “Today’s vote was a crucial step toward ensuring our small businesses owners, hospitals and health care workers have the support they need. I’ve consistently advocated and fought to ensure this package included relief for our small business community, while also protecting those on the front line of this pandemic. I’m pleased this bill includes important resources as well as investments in testing, which is a key part of the effort to reopen our economy.
“There’s no question more work needs to be done. I’ll keep pushing for additional funds specifically to state and local governments so they can continue vital services and receive necessary resources.”
Specifically the bill:
- Makes improvements in the Paycheck Protection Program (PPP) by setting aside $60 billion within PPP to ensure access to this assistance for many small businesses in underserved rural and urban areas that have been unable to participate in the program so far.
- Strengthens the Paycheck Protection Program by providing $310 billion in additional funding.
- Expands small business support beyond the PPP program by securing $50 billion for SBA disaster lending, translating into more than $350 billion in loans, and $10 billion for SBA disaster grants.
- Provides $75 billion for our hospitals and our health care workers, which can be used to meet such needs as Personal Protective Equipment (PPE).
- Provides $25 billion to expand COVID-19 testing with $11 billion of that dedicated for states, which is the key to reopening our economy and resuming our lives. Also requires the Administration to submit to Congress a federal COVID-19 strategic testing plan.
Original source can be found here.