More Resources Needed at the County Level
The U.S. Senate today passed the Paycheck Protection Program and Health Care Enhancement Act, also known as the "COVID-19 3.5" relief package. This package is a good step toward supporting counties’ vast health, safety and economic recovery responsibilities, many of which are mandated by states and the federal government, but we need more resources as we address this unprecedented pandemic. County revenues are plummeting while costs are skyrocketing. NACo found that the pandemic could lead to massive budgetary impacts for county governments and local taxpayers, with as much as $144 billion in lost revenue and increased expenditures through FY2021.
Full Text: Paycheck Protection Program and Health Care Enhancement Act
Paycheck Protection Program Increase Act of 2020 Section-by-Section
Hospitals and Testing Provisions
NACo Press Release: U.S. Senate Interim Coronavirus Relief Package a Positive Step
Joint "Big 7" Press Release: State and Local Government Associations Urge Robust, Flexible Federal Relief During Pandemic