American Rescue Plan Supports Wisconsin Small Businesses
Baldwin Votes for Federal Funding to Help Wisconsin Small Businesses Stay Open and Reopen
WASHINGTON, D.C. – Today, the House of Representatives will vote on final passage of the American Rescue Plan and send it to President Biden to be signed into law. On Saturday, Senator Baldwin voted to pass the legislation in the Senate, with includes federal aid for Wisconsin small businesses, including restaurants.
Senator Baldwin has consistently supported providing federal aid to help Wisconsin’s small businesses stay afloat during the pandemic. She worked to make sure the American Rescue Plan includes funding for independent restaurants and their workers, live entertainment venues, and has also supported reforms to improve the Paycheck Protection Program to reach underserved communities and the smallest, most vulnerable businesses.
The American Rescue Plan Act includes more funding and support for Wisconsin small businesses:
· Establishes a $25 billion Restaurant Revitalization Fund, which will provide grants to help local restaurants keep their doors open and keep their workers employed.
· Adds $15 billion for the Targeted Economic Injury Disaster Loan (EIDL) Advance program to help the hardest-hit small businesses.
· Reauthorizes the State Small Business Credit Initiative, providing $10 billion in new funding for the program to help small businesses grow and create jobs.
· Provides an additional $7.25 billion for the Paycheck Protection Program (PPP) and expands eligibility for nonprofits and digital news outlets.
· Provides an additional $1.25 billion for the Shuttered Venue Operators Grant Program to support live entertainment venues.
· Allows businesses that received PPP loans in 2021 to be eligible for the Shuttered Venue Operator Grant Program.
· Establishes the Community Navigator pilot program to improve access to COVID-19 relief, especially for underserved communities.
An online version of this release is available here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
More about the Coronavirus Pandemic
- Governors Tony Evers, JB Pritzker, Tim Walz, and Gretchen Whitmer Issue a Joint Statement Concerning Reports that Donald Trump Gave Russian Dictator Putin American COVID-19 Supplies - Gov. Tony Evers - Oct 11th, 2024
- MHD Release: Milwaukee Health Department Launches COVID-19 Wastewater Testing Dashboard - City of Milwaukee Health Department - Jan 23rd, 2024
- Milwaukee County Announces New Policies Related to COVID-19 Pandemic - County Executive David Crowley - May 9th, 2023
- DHS Details End of Emergency COVID-19 Response - Wisconsin Department of Health Services - Apr 26th, 2023
- Milwaukee Health Department Announces Upcoming Changes to COVID-19 Services - City of Milwaukee Health Department - Mar 17th, 2023
- Fitzgerald Applauds Passage of COVID-19 Origin Act - U.S. Rep. Scott Fitzgerald - Mar 10th, 2023
- DHS Expands Free COVID-19 Testing Program - Wisconsin Department of Health Services - Feb 10th, 2023
- MKE County: COVID-19 Hospitalizations Rising - Graham Kilmer - Jan 16th, 2023
- Not Enough Getting Bivalent Booster Shots, State Health Officials Warn - Gaby Vinick - Dec 26th, 2022
- Nearly All Wisconsinites Age 6 Months and Older Now Eligible for Updated COVID-19 Vaccine - Wisconsin Department of Health Services - Dec 15th, 2022
Read more about Coronavirus Pandemic here
Mentioned in This Press Release
Recent Press Releases by U.S. Sen. Tammy Baldwin
Baldwin, Ernst Lead Bipartisan Bill to Ensure Coverage for Children Born with Congenital Anomalies or Birth Defects
May 8th, 2025 by U.S. Sen. Tammy BaldwinBill comes after Wisconsin child was denied coverage and forced to pay out of pocket for medically necessary care to manage birth defect
Baldwin, Warren, Markey, Merkley Blast Trump Plan to Cut 988 Suicide and Crisis Line For LGBTQ+ Youth
May 7th, 2025 by U.S. Sen. Tammy BaldwinTrump cuts come as roughly 40 percent of LGBTQ+ young people reported seriously considering attempting suicide
Baldwin Introduces Bill to Give Tax Break to Small Businesses and Entrepreneurs
May 6th, 2025 by U.S. Sen. Tammy BaldwinBill increases startup tax deduction to $50,000 to give more small businesses the opportunity to grow and combat increasing cost of starting a company