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The Independent Community Bankers of America thanked Congress for passing compromise economic stimulus legislation with ICBA-advocated provisions supporting local communities.
Congress is expected to vote this week on legislation designed to provide economic relief for communities, small businesses, families, and individuals affected by the COVID-19 pandemic as well as public health measures.
Congressional leaders announced the outline of a deal for an economic stimulus package and year-end spending bill, with passage expected as soon as today.
Draft proposed legislation released by a bipartisan group of lawmakers includes ICBA-advocated stimulus priorities.
ICBA President and CEO Rebeca Romero Rainey called on community bankers to make a final push for Congress to pass an economic relief package with key stimulus priorities.
ICBA and 44 state community banking associations called on Congress to fully forgive Economic Injury Disaster Loan Advances for recipients who also have a Paycheck Protection Program loan.