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."
"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."