Toledo Regional Chamber Of Commerce: Governor DeWine Signs Legislation Providing Additional Financial Assistance

Toledo OH

18 May, 2021

5:57 PM

Description

Press release from the Toledo Regional Chamber of Commerce: 5/18/2021 Governor Mike DeWine signed Senate Bills 108 and 109 on May 17, both will become effective in 90 days. ​Senate Bill 108 provides $125 million and directs the Development Services Agency is to provide grants of $10,000, $20,000 or $30,000 to affected bars and restaurants, based on their revenue loss and number of employees. Hotels will be eligible for grants of those same amounts, but to be determined by revenue loss and occupancy rates. Senate Bill 109 provides more than $500 million to various sectors, including child care providers and entertainment venues. Assistance is also available to businesses left out of previous assistance programs because of a lack of funding or because they were established after January 1, 2020. Watch your email and Chamber newsletters for additional information about these assistance programs as it becomes available. This press release was produced by the Toledo Regional Chamber of Commerce. The views expressed here are the author's own.