Wednesday, April 22, 2020

Congressional Lawmakers Ask for Electric Co-Op Clarity (Politico)


(WASHINGTON, DC) -- A bipartisan group of lawmakers urged Mnuchin and SBA Administrator Jovita Carranza to consider rural electric cooperatives as qualifying recipients for the Paycheck Protection Program. As "electric co-ops face the same challenges as many other small businesses, we believe the Small Business Administration should ensure they are eligible for the Paycheck Protection Program," the lawmakers write. The House letter, signed by 164 lawmakers, was sent Tuesday, while the Senate letter, sent April 16, was signed by 43 senators.