H1105 - Coronavirus Relief Act 3.0. (SL 2020-97)
Session Year 2020
Overview: This provision does the following:
- Allocates an additional $45.5 million of the federal funds in the Coronavirus Relief Fund to the Job Retention Grant program created by S.L. 2020-80.
- Corrects a statutory reference that will enable 501(c)(6) entities to be eligible for a grant under this program.
- Provides that if any funds remain available after the first round of grants, a second round of grants will be made available solely for a business or nonprofit that employs 20 or fewer employees.