Mon, 12/28/2020 - 10:51am tim
Vermont Business Magazine Sunday night President Trump signed the COVID 19 relief bill summarized below. It had passed both the House and Senate last week. It includes extending the unemployment and PUA benefits, including the extra $300 per week, one-time direct payments of $600 to individuals ($1,200 filing jointly) and ensures that PPP forgiveness does not result in taxable income. Among other measures, it includes a second round of PPP.
Funding for Dept. of Ed., CDC, Homeland Security and other federal agencies
Extends Pandemic Unemployment Assistance (PUA) to March 14, 2021, extends unemployment relief to state and local governments and non-profits and restores the Federal Pandemic Unemployment Compensation (FPUC) supplement to state and federal unemployment benefits at $300 per week