Congress has finally reached an agreement on a new Kovid-19 relief bill that would include funding for independent music venues that have closed throughout the epidemic. according to this new York TimesThe House of Representatives is expected to vote on the bill on Sunday night before President Donald Trump is sent, while the Senate will vote on Monday.
Although the bill’s official language has not yet been released, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer issued a statement stating the bill contained “$ 15 in dedicated funding for live venue, independent movie theaters, and cultural institutions.” Billion is included. “
Speaking on the floor of Seymour, Schumer stated, “I am particularly pleased that this bill will provide money for bars and restaurants, and $ in SPA grants for theater operators and small venue operators through the Save Our Stages Act 15 billion. These places are very important to my state and many other states in the country. They are the life givers of our communities. They were the first to close and the last to open. This bill gives them a chance to fight. gives. “
Dayna Frank, owner and CEO of First Avenue Production and board president of the National Independent Venus Association, praised the agreement in a statement. Frank said, “We are thrilled that Congress has heard the call for closed independent sites around the country and has provided us with an important lifeline by including our Forum Save Act in the COVID-19 relief bill.” “We are also grateful that this bill provides pandemic unemployment assistance, which will help millions of people who lost their jobs without any fault during this economic crisis. We urge speedy passage of this law, which will help those in greatest need and ensure musical life for generations to come. “
The agreement marks a major and long-awaited milestone for groups such as NIVA and the National Independent Talent Organization, which formed during the epidemic to fight on behalf of venues and other businesses affected by the complete shutdown of live music. Should it pass as expected, it will likely help countless venues stay until the show and touring can resume. But soon Congress’s inability to pass any kind of legislation forced many beloved locations across the country – such as Great Scott in Boston, Boots and Saddles in Philadelphia, Mothlight in Asheville and Satellite in Los Angeles, hundreds of people Between – to permanently shutter. .
Although the Kovid-19 epidemic has devastated many industries, those locations are in a particularly dangerous situation, as many failed to take advantage of the paycheck protection program loans for small businesses contained in the CARS Act, which passed in March Were. Forgiveness for loans on businesses that spend 75% on payroll, but for closed locations, there were no employees and thus no payroll to cover. No revenue and massive overhead locations left.
The battle for targeted funding for Venue was boosted in July when Senators Amy Klobuchar (D-MN) and John Cornyn (R-TX) implemented the Save Stays Act. That piece of legislation, effectively rolled into the new bill, would allow places to use federal money to cover things like rent, mortgages, utilities, insurance, and other expenses.