The proposed legislation aims to bolster support to small businesses during the COVID-19 pandemic through the Paycheck Protection Program with measures such as eliminating restrictions on non-payroll expenses and extending the rehiring deadline.
School Bus Fleet’s recent webinar, “Getting Paid, Staying Afloat: How Contractors Can Cope With the COVID Shutdown” is now available online.
"COVID-19 Economic Relief Primer for the Ground Transportation Industry" details the recently passed federal economic aid packages and offers resources for applying for the various available loans.
The stimulus includes more aid for small- to medium-sized businesses, with $320 billion added to the Paycheck Protection Program. Of that total, $60 billion is set aside for Small Business Administration loans.
The Paycheck Protection Program and the Economic Injury Disaster Loan program ran out of money on Thursday. A relief package that could provide billions for each program may soon pass in the Senate.
Bobit Business Media's webinar, "Navigating the CARES Act for Small- and Medium-Sized Businesses With Fleets," shared how businesses with commercial, corporate, and rental fleets can access and apply funds made available by the new law.
The agency anticipates making between 40 and 60 grant agreements for projects aimed at reducing emissions from aging diesel engines, including those in school buses.
Triad Community Unit School District #2 will receive the buses, which were sold by Creative Bus Sales and will be built by Starcraft Bus. The buses are funded by the state’s second round of VW settlement funds.
The Missouri Propane Education and Research Council’s rebate to Student Transportation of America is for its purchase of 10 of the alternative-fuel buses. The council has committed $1 million to help school districts in the state transition from diesel to propane buses.
U.S. Sen. Tammy Duckworth and Rep. Steve Cohen’s School Bus Safety Act of 2019 would require lap-shoulder belts and safety technology on every school bus and would provide funding for them.