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Response to grantcart (Reply #2)

Sun May 17, 2020, 09:33 PM

5. That's the text of the law.

You can use the money for two things:

1. On-going business expenses. In which case it's a loan to be repaid.
2. For continuing to pay employees, in which case you have to document what their pay pre-COVID was and that the money actually went to the employees. Otherwise the money falls under (1).

There is no third option.

Saying they're going to repay the money isn't a virtue above what's required; it's merely compliance with the law. The law is what, all of 8 weeks old? It's already necessary for politicians to use political pressure to compel an ad hoc rewrite?


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