IMPORTANT COVID-19 Assistance Updates for PCBC Members & Putnam Businesses

Senate Passes Economic Relief Plan

(CARES Act) for Individuals and Businesses

Please note this will be the first of many updates that we will provide regarding the Stimulus Package.
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Overnight, the Senate passed the largest economic stimulus package in recent history. The House is planning on voting on this legislation sometime today or tonight.
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According to the U.S. Chamber of Commerce, if passed, the new law would provide direct payments to Americans and loans to large and small companies. The bill also dramatically expands unemployment insurance to cover freelance and gig workers, and extends additional resources to health-care providers.
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For a preliminary summary from the U.S. Chamber of Commerce on the Bipartisan Agreement regarding the stimulus package CLICK HERE.
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In addition, for information provided by the Tax Foundation regarding the stimulus package CLICK HERE.
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Be Safe, Stay Well.
Jennifer Maher
Chairwoman
Putnam County Business CouncilP

For more information about the Coronavirus, please visit http://www.Coronavirus.gov.