Senator Chuck Schumer Details Federal Relief Plan for Venues

Senator Chuck Schumer Details Federal Relief Plan for Venues


For the second time in simply over six months, Senate Majority Chief Charles Schumer stood at a nightclub in his dwelling borough of Brooklyn and stumped for unbiased music venues. The place final August he was promoting the “Save Our Stages” invoice exterior Child’s All Proper in Williamsburg, on Monday he was at Elsewhere in Bushwick, the place he detailed the advantages that at the moment are accessible to New York’s stay venues and artists by means of the American Rescue Plan, together with important aid to struggling unbiased stay venues, film theaters, and cultural establishments, elevated COBRA medical insurance advantages, and extra federal aid for struggling New Yorkers, together with gig employees and others in non-traditional employment.

Whereas the fundamentals of the plan have been handed into legislation with “Save Our Phases” in December, a number of particulars are new. Schumer defined how every of those items of the laws will assist artists and stay venues, like Elsewhere, keep afloat all through the pandemic.

“I’ve stated it earlier than and I’ll say it once more, unbiased venues, like theaters and live performance halls, are the beating coronary heart of New York’s cultural life and a driving drive within the financial system,”  Schumer stated. “These native companies have been among the many first to close down at the beginning of the pandemic, have been struggling to remain afloat, and will probably be among the many final to reopen. The COVID package deal that I negotiated, prioritizes the venues and everybody who helps them because the important cultural hubs that they’re.”

He added, “The devoted federal help to unbiased venues ensures that when it’s secure to take action, we are able to collect once more for comedy, music, theater, and flicks and to as soon as once more benefit from the cultural establishments which have been round for generations. The ultimate COVID aid package deal will assist these locations preserve the lights and the laughs on, and preserve the curtain from closing on New York Metropolis.”

Particularly, the American Rescue Plan (ARP) ARP will increase the worth of the federal COBRA medical insurance program from 85% to 100%, which is able to assist employees who misplaced their job by means of no fault of their very own retain their medical insurance. Moreover, the laws gives a number of sources of important aid to struggling unbiased stay venues, film theaters and cultural establishments by permitting eligible entities below the Save Our Phases program to get a PPP mortgage and a Shuttered Venue Operators Grant. The invoice additionally gives billions in extra federal aid for struggling New Yorkers by extending the historic unemployment insurance coverage reforms established within the CARES Act, by means of September 6, 2021. It continues the important lifeline of the improved unemployment help, offering an extra $300 per week on prime of all state and federal unemployment advantages. The invoice extends the Pandemic Unemployment Help program for the self-employed, gig employees, freelancers and others in non-traditional employment, in addition to the extra weeks of federal unemployment insurance coverage for employees who exhaust their common state advantages.

 

 





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