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Fund transfer will benefit small businesses impacted by COVID-19 - Pennsylvania Business Report


Fund transfer will benefit small businesses impacted by COVID-19
© Shutterstock
Gov. Tom Wolf recently instructed that $145 million be transferred from the Workers’ Compensation Security Fund at the Pennsylvania Insurance Department to the general fund to establish a grant program for businesses adversely affected by the COVID-19 pandemic.
Legislative authorization is required to establish grant agreements. Wolf urged the legislature to allocate the funding quickly.
“Business owners and employees have worked hard to protect their customers and their communities during this pandemic, and I thank all of those who have prioritized health and safety despite the hardship of the past several months,” Wolf said. “Our business owners and workers have been forced to make sacrifices because of COVID-19, and they need and deserve our support.” ....

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Gov. Wolf proposes $145 million fund transfer for business aid


Gov. Wolf proposes $145 million fund transfer for business aid
December 23, 2020
1:43 pm
Gov. Tom Wolf announced on Wednesday that he is looking to transfer $145 million in funds from the Workers’ Compensation Security Fund at the state Insurance Department to be used in grants for businesses.
Pennsylvania businesses whose operations and revenue were adversely affected by the pandemic could have access to $145 million in grant funding, pending approval from the state legislature.
Gov. Tom Wolf announced on Wednesday that he is looking to transfer $145 million in funds from the Workers’ Compensation Security Fund at the state Insurance Department to be used in grants for businesses. ....

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Gov. Wolf proposes $145 million fund transfer for business aid - Central Penn Business Journal


Gov. Wolf proposes $145 million fund transfer for business aid
December 23, 2020
1:35 pm
Pennsylvania businesses whose operations and revenue were adversely affected by the pandemic could have access to $145 million in grant funding, pending approval from the state legislature.
Gov. Tom Wolf announced on Wednesday that he is looking to transfer $145 million in funds from the Workers’ Compensation Security Fund at the state Insurance Department to be used in grants for businesses.
“Business owners and employees have worked hard to protect their customers and their communities during this pandemic, and I thank all of those who have prioritized health and safety despite the hardship of the past several months,” Wolf said. “Our business owners and workers have been forced to make sacrifices because of COVID-19 and they need and deserve our support. ....

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Governor calls for $145 million to help small businesses like restaurants, bars


Governor calls for $145 million to help small businesses like restaurants, bars
The Governor called on the General Assembly Wednesday to push through a plan that would make $145 million available for struggling businesses
Author: Jamie Bittner (FOX43)
Updated: 4:14 PM EST December 23, 2020
Governor Tom Wolf has unveiled a proposal that would free up $145 million in funds to help struggling businesses, with an emphasis on bars, restaurants, and even gyms.
Wednesday he announced a plan that would transfer the $145 million out of the Workers’ Compensation Security Fund at the Pennsylvania Insurance Department and instead appropriate it for grants for businesses adversely affected by the COVID-19 pandemic. ....

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