What’s in the New COVID Relief Law for Nonprofits?
After many months of inaction, the House, Senate, and President finally came together to enact important COVID relief for individuals, nonprofits, businesses, and governments. Some of the provisions will expire in just a few weeks, and others will last only a few months. This webinar presentation provided information to help nonprofits and identified what nonprofits need to do to take advantage of them. This Nonprofit Town Hall briefing hosted by the National Council of Nonprofits took place on Wednesday, January 13 at 3:00 pm Eastern.
Powerpoint Slides (PDF)
Congress is debating additional COVID relief and federal agencies and departments – particularly the Small Business Administration and Treasury Department – are in the process of answering questions and implementing the law enacted at the end of 2020. You can help the nonprofit advocacy efforts to secure legislative solutions and helpful guidance by completing the brief form: Let us know how COVID-19 is affecting your nonprofit.
Additional Resources
COVID relief legislation
- Omnibus Appropriations and Emergency Coronavirus Relief (the Consolidated Appropriations Act of 2021, P.L. 116-260) legislative text, released Dec. 21, 2020.
- How Did 2020 Nonprofit Policy Issues Turn Out?, Nonprofit Advocacy Updates, National Council of Nonprofits, Jan. 5, 2021.
- Nonprofit Provisions in COVID Relief Legislation, National Council of Nonprofits, updated Jan. 5, 2020.
NEW PPP First Draw
- Top-Line Overview of First Draw PPP Loans, Jan. 8, 2021.
- Form 2483 – First Draw Borrower Application, Jan. 8, 2021.
- Interim Final Rule #1 – PPP as Amended by Economic Aid Act, Jan. 6, 2021.
NEW PPP Second Draw
- Top-Line Overview of Second Draw PPP Loans, Jan. 8, 2021.
- Form 2483-SD – Second Draw Borrower Application, Jan. 8, 2021.
- Interim Final Rule #2 – PPP Second Draw Loans, Jan. 6, 2021.
