WASHINGTON, D.C. – From the office of Congressman Steve Scalise:
Paycheck Protection Program Updates
The bipartisan Paycheck Protection Program (PPP) is already working for American workers and small businesses:Â
- Over 1 million PPP loans have been approved
- Nearly 4,500 lenders have participated
- $242 billion of $350 billion in funding has already been used
With funds set to be exhausted by the end of the week, the Paycheck Protection Program needs additional funding ASAP. Congress must continue to work together to replenish the Paycheck Protection Program so that every small business seeking assistance can stay afloat. Click here to watch my interview with Fox News where I discuss the need to provide additional relief to American businesses and workers immediately. Â
Economic Impact Payment Updates
The IRS is focused on distributing Economic Impact Payments as soon as possible. It is important to remember that most people do NOT need to take any action. The IRS will post updates on the direct relief payments made available by the CARES Act here. Please continue to check the website for updates instead of calling the IRS.
Click here to see if you are eligible for the Economic Impact Payment.
Information for Non-Filers:
The Treasury Department and the IRS launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool provides a free and easy option designed for people who don’t have a return filing obligation, including those with too little income to file. The feature is available here: Non-Filers: Enter Payment Info Here.
You should use this application if:
- You did not file a 2018 or 2019 federal income tax return because your gross income was under $12,200 ($24,400 for married couples). This includes people who had no income.
- You weren’t required to file a 2018 or 2019 federal income tax return for other reasons
Information for Filers:
Use the “Get My Payment” application (coming mid-April) to:
- Check your payment status
- Confirm your payment type: direct deposit or check
- Enter your bank account information for direct deposit if the IRS doesn’t have your direct deposit information and the IRS hasn’t sent your payment yet
Updated Information for State and Local Governments
This week, the Treasury Department launched a web portal to allow eligible State, local, and tribal governments to receive payments to help offset the costs of their response to the Coronavirus pandemic. Click here to visit the web portal.
Community Updates and Good News of the Week
- This week, I joined WWL-TV to discuss when is the right time to consider reopening businesses?Â
- AT&T is offering three months of free wireless service to doctors and nurses battling Coronavirus on the front lines.Â
- Domino’s is set to donate 10 MILLION slices of pizza to help feed doctors, nurses, school kids, grocery store workers, and others in need in communities all across America during the Coronavirus crisis.
- LSU chemists have helped prepare more than 5,000 gallons of hand sanitizer to be used across Louisiana. It’s great to see so many people stepping up and using their unique skills in this fight against Coronavirus.
- USAA is returning $520 million to its members as a result a result of members driving less due to stay-at-home and shelter-in-place guidance across the country.
- McDonald’s donated $3.1 million in food to support local communities during the COVID-19 pandemic.
It is an honor to represent you in Congress. For more information please visit my website, Twitter, Instagram, and Facebook pages.
