House passes H.R. 266, Paycheck Protection Program and Health Care Enhancement Act Division B – Additional Emergency Appropriations for Coronavirus Response
"This second round of funding will bring more healthcare dollars into Guam, and will dedicate $30 Billion in Small Business Loans to smaller jurisdictions which helps Guam have better access to the Paycheck Protection Program," stated Congressman San Nicolas.
The bill includes:
$75 billion to reimburse hospitals and health care providers for health care related expenses or lost revenues attributable to COVID-19.
$25 billion to increase testing for COVID-19, including:
- $11 billion for States, localities, territories, and Tribes
- $1 billion for CDC for surveillance, epidemiology, contact tracing, and other activities to support testing
- $1.8 billion for NIH to accelerate development of point-of-care and rapid diagnostic technologies
- $1 billion for BARDA to accelerate development of point-of-care and rapid diagnostic technologies o $22 million for FDA for its role in accelerating development and approval of point-of-care and rapid diagnostics
- $600 million for Community Health Centers to support COVID-19 testing
- $225 million for Rural Health Clinics to support COVID-19 testing
- Up to $1 billion to cover the cost of testing the uninsured
- $2.1 billion to administer SBA programs funded in the bill
- $50 billion in loan subsidies to fund approximately $350 billion in SBA Economic Injury Disaster Loans
- $10 billion for EIDL grants, which can be used for an advance of up to $10,000 on a disaster loan and do not need to be repaid