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2022 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Ebbin
Co-Patron(s): Bell, Deeds, DeSteph, Favola, Lucas, Mason
ARPA: Hospitality and Tourism Business COVID-19 Grant Relief Program

Item 486 #2s

Item 486 #2s

First Year - FY2023 Second Year - FY2024
Central Appropriations
Central Appropriations FY2023 $200,000,000 FY2024 $0 NGF

Language
Page 507, line 22, strike "$744,761,272" and insert "$944,761,272".

Page 510, following line 29, insert:

"m.  Hospitality and Tourism COVID-19 Grant Relief Program

1) $200,000,000 in the first year to the Department of Small Business and Supplier Diversity (350) for the establishment of a Hospitality and Tourism Business COVID-19 Grant Relief Program. In awarding these funds, they shall be distributed to qualifying applications received by the Department after June 30, 2021: (1)  the Department shall dedicate funding for businesses in the hospitality and tourism industry, that includes, but is not limited to, hotel and lodging establishments, restaurants, and entertainment and public amusement venues; and, (2) in awarding these funds to restaurants, funds shall be prioritized for restaurants that have not received federal assistance through the Small Business Administration's Restaurant Revitalization Fund, or venues who have not received federal assistance through the Small Business Administration's Shutter Venues Operators Grant; and (3) limitations that preclude participation for employers based on revenue or employment count are not applicable to these new hospitality and tourism applicants accepted after June 30, 2021. Priority shall also be given to applications that will use the funds to promote job creation, restoration of jobs that were eliminated because of the COVID-19 pandemic, job training and skill upgrades, or which lead to new business formation or expansion.”

Page 510, line 30, strike "m." and insert "n."



Explanation

(This amendment provides $200.0 million in federal American Rescue Plan Act funding to the Department of Small Business and Supplier Diversity for the establishment of a Hospitality and Tourism Business COVID-19 Grant Relief program.)