Today’s circular from the LAO:
As you have probably read in this morning’s news, Congress is set to approve the urgently needed new COVID-19 relief bill…. An unprecedented level of support for the live performing arts will be included.
There will be dedicated SBA grants for performing arts organizations. The main instrument for these will be “Save our Stages,” which gained incredible momentum in recent weeks.
There will be a second round of Paycheck Protection Program resources.
Unemployment benefits will be extended, renewing support for “gig workers,” including freelance musicians.
Refundable Employee Retention Tax Credits will be extended and expanded. Enhanced charitable giving incentives will be extended. Essential resources will help shore up public education and support greater broadband access.