April 24, 2020
Phase 3.5 Stimulus Legislation: Funding for Hospitals and COVID-19 Testing
The following provides an overview of the PPP and HCE Act’s funding for health care and testing, which is available to state and local jurisdictions providing these services.
On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act became law (the “PPP and HCE Act”). The PPP and HCE Act increases the appropriation for the Payroll Protection Program and for Emergency Economic Injury Disaster (“EIDL”) grants, and includes some targeted funding for hospitals and health care providers and for COVID-19 testing. The following provides an overview of the PPP and HCE Act’s funding for health care and testing, which is available to state and local jurisdictions providing these services.