Washington, DC — This evening, Representative Lucy McBath (GA-06) voted to pass the Paycheck Protection Program and Health Care Enhancement ActH.R. 266, which was approved by the chamber with strong bipartisan support. The Paycheck Protection Program and Health Care Enhancement Act includes $484 billion in small business loan support and resources for hospitals and health care workers. It passed the Senate earlier this week, and now heads to the President’s desk for signature.

“We are facing an unprecedented health crisis, and many hard-working Georgians and local entrepreneurs have faced serious challenges. Some have been laid off and no longer have work,” said McBath. “We must all work together to get through this crisis. More funding will be needed to survive this pandemic, and our work will continue to ensure that small businesses are supported, workers receive the relief they need, and American families across this nation are kept safe. This extension of funding is a first step in a long path to recovery.”

H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act provides additional interim relief to the American economy and health care system, including:

  • For Small Businesses
    • A strengthened Paycheck Protection Program with $310 billion in additional funding, with $30 billion reserved for community-based lenders, small banks and credit unions and $30 billion for medium-sized banks and credit unions, to ensure more small businesses have access to the money they need.
    • $50 billion for SBA disaster lending, translating into more than $350 billion in loans, and $10 billion in SBA disaster grants.
    • Strong protections to ensure that the nation’s farmers have access to this vital assistance.
  • For Hospitals and Health Care Workers
    • $75 billion to provide resources to the frontlines, including Personal Protective Equipment. 
  • For All Americans
    • $25 billion for testing, which is the key to reopening the economy and resuming lives.

Rep. McBath spoke on the House floor in favor of the funding package.