Business & Tech
San Antonio Chamber Of Commerce: Gov Abbott Signs Senate Bill 8, Allocating Federal American Rescue Plan Act Funding
On November 8 Governor Abbott signed Senate Bill 8, Allocating Federal American Rescue Plan Act Funding. Senate Bill 8 allocates federal ...
2021-11-16
On November 8 Governor Abbott signed Senate Bill 8, Allocating Federal American Rescue Plan Act Funding. Senate Bill 8 allocates federal funding that was awarded to Texas and addresses the needs of Texans and the business community as we continue to recover from the COVID-19 pandemic. Â
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Included in Senate Bill 8 is:Â
- $7.2 billion to the unemployment compensation fund to pay outstanding advances and to bring the balance of the fund to the statuary floorÂ
- $500 million for broadband infrastructure Â
- $180 million for tourism, travel, and the hospitality industry recoveryÂ
- $160 million to address the federal Victims of Crime Act (VOCA) shortfall affecting Crime Victims Assistance grantsÂ
- $378.3 million for critical staffing needs of frontline workers Â
- $75 million in support for rural hospitals affected by COVID-19Â
- $113 million to support operations and expansion of mental health services for Texas children and familiesÂ
- $35 million to upgrade Texas State Veteran HomesÂ
- $95 million for supplemental funding to food banks in response to COVID-19Â
For more information, contact Cacie Madrid, VP of Public Policy at cmadrid@sachamber.org or by phone at (210) 229-2161.Â
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This press release was produced by the San Antonio Chamber of Commerce - News. The views expressed here are the author’s own.