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Chamber applauds bipartisan recovery fund legislation

July 29, 2020 - 00:00
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The Columbus Chamber of Commerce commended U.S. Representatives Filemon Vela (D-TX-34) and Lance Gooden (R-TX-05) for introducing the Small Business Comeback Act. As a member of Save Small Business Coalition (SSBC) and America’s Recovery Fund Coalition (ARFC), the Columbus Chamber is proud to support this effort, which will create a Recovery Fund and give American businesses much-needed stability as they continue to navigate the ongoing pandemic.

“We represent 299 small businesses in Colorado County, each of which has their own unique story and deserves an equally tailored federal solution to ensure their doors remain open,” said Billy Kahn, executive director of the Columbus Chamber of Commerce.

The Small Business Comeback Act will provide the funding relief our members need as they navigate a drastically altered business landscape. We thank Representatives Vela and Gooden and call on Congress to pass the Small Business Comeback Act so that our economic recovery may truly begin.”

Through a direct grant program with strong oversight and anti-corruption guardrails, the Small Business Comeback Act will allow businesses to retain and rehire employees, continue to provide benefits including healthcare, pay their rent and taxes, and meet certain debt obligations. This will allow businesses to weather the pandemic, keep American workers employed, and preserve the health and livelihoods of communities across the country, regardless of business structure or employment type.