Kentucky Governor Andy Beshear is pushing hard for more COVID-19 relief for small businesses and non-profit organizations in the Bluegrass State.
Gov. Beshear announced Monday that he submitted House Bill 191 to the state legislature, which if passed, would immediately provide $220 million of aid to small businesses in the Commonwealth, and $20 million to small non-profit organizations.
Beshear called HB 191 "the most significant aid package from Kentucky in generations," and said that it "needs to pass as quickly as possible."
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"The money is there," Gov. Beshear stated. "Thanks to the hard work of my administration, we have a better budget forecast than initially anticipated."
"The Rainy Day Fund is at its highest level ever; we have added $100 million to protect it; and we have more than $600 million in one-time money available to invest in our future," the governor explained. "The budget also does not rely on tax increases or new revenue measures, and there are no spending cuts."
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