Wednesday, April 24, 2024

Paycheck Protection Program Update

Share

Connecticut General Assembly Report
Online Viewing of Legislative Processes

by State Rep. Ben McGorty, 122nd District

The U.S. Small Business Administration has reopened the Paycheck Protection Program (PPP) this week for new borrowers and certain existing PPP borrowers. Initially, only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. For information and guidelines go to: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program#section-header-0

The Office of Legislative Research (OLR) recently released their report on important issues likely to be debated by the Connecticut General Assembly during the 2021 legislative session. These include:

  •  Utility rates and storm response
  •  The Transportation and Climate Initiative
  •  The expansion of legalized gaming

Due to the COVID-19 pandemic, the Legislative Office Building and Capitol are closed until further notice. In the meantime, representatives and senators will conduct business virtually. You can watch livestreams of committee meetings, and there will be opportunities to participate in public hearings using Zoom.

The House Republican Office has put together a useful how-to guide with tutorials on using the Zoom platform, viewing legislative proceedings on CT-N, and other topics. https://www.cthousegop.com/virtual-guide/

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read more

Local News