December 28, 2020 After months and months of negotiations, Congress passed a new COVID-19 relief bill as part of a larger end-of-year federal appropriations bill. The bill, H.R. 133, known as the Consolidated Appropriations Act, 2021, was passed in a late-night legislative session on December 21, 2020. The president then signed the bill into law on December 28, 2020. The law notably changes the tax treatment of the Paycheck Protection Program (PPP) with just a few days left in the calendar year. Other parameters of the law of importance to farmers and other small business owners include a second round of PPP loans, new funding for targeted Economic Injury Disaster Loan (EIDL) advances,