Last night (Dec. 20) it was announced that Congress has reached an agreement on a second COVID relief stimulus package, that will include the Save Our Stages Act. If passed, the stimulus package will include $900 billion in aid, with a $15 billion going to indie establishments.
“We’re thrilled that Congress has heard the call of shuttered independent venues across the country and provided us a crucial lifeline by including the Save Our Stages Act in the COVID-19 Relief Bill. We’re also incredibly grateful that this bill provides Pandemic Unemployment Assistance which will help the millions of people who lost their jobs through no fault of their own during this economic crisis. We urge swift passage of this legislation, which will assist those in the greatest need and ensure the music lives on for generations to come,” said Owner & CEO, First Avenue Productions and Board President of NIVA, Dayna Frank.
According to The New York Times, both chambers approved the measure on Sunday night, and President Trump signed it shortly before midnight. Final votes on the spending package are expected as early as today (Dec. 21) to approve it and clear it for Trump’s signature.
This is a developing story…
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