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S 3718 116th Congress Senate Commerce Broadcasting, cable, digital technologies Business expenses Cardiovascular and respiratory health Congressional oversight Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases News media and reporting Small business Television and film

Local News and Emergency Information Act of 2020

Introduced: May 13, 2020 Introduced by: Cantwell, Maria Democratic · Washington See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 13, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
May 13, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Local News and Emergency Information Act of 2020

This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain newspaper publishers, radio stations, and television broadcasters.

Specifically, such a media purveyor is eligible to receive a paycheck protection loan if (1) the individual physical location that applies for the loan does not exceed Small Business Administration size standards (up to 1,000 employees for newspaper publishers and $41.5 million in gross receipts for radio and television broadcasters); and (2) the proceeds of the loan are used to support the continued provision of local news, information, content, or emergency information. Such a recipient may not remit any portion of a paycheck protection loan to any entity other than the individual physical location that is the loan's intended recipient.

What's happening now May 13, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1