Millions of small businesses could be eligible for new or beefed-up grant programs if some of the provisions in the House-passed Covid-19 relief bill become law. The grants, part of the American Rescue Plan Act of 2021 passed by the House on Saturday, would still need to be considered in the Senate version of the legislation and passed by Congress before heading to President Joe Biden for his signature. And parts of the legislation might already be in jeopardy, with Democrats dealing with a setback on a $15-per-hour minimum wage that will likely prevent its inclusion in the Senate version.
House-passed Covid relief bill offers billions more in small-business grants
March 2, 2021