Congress Reaches Agreement on Additional Coronavirus Relief Funding

Today, negotiators have reached a deal on roughly $484 billion in new Coronavirus pandemic related relief funding. The agreement will provide more than $320 billion in addition funding for the Paycheck Protection Program, $60 billion for disaster loans and grants, $75 billion for reimbursement to hospitals and healthcare providers, and $25 billion related to COVID-19 testing. The Senate is expected to take up the legislation later today, and the House is expected to take up the bill on Thursday.


HHS Summary
Bill language
Paycheck Protection Program Increase Act of 2020 Section-by-Section