Gov. Wolf requires legislative motion to assist small companies in Pa.

YORK, Pa.| Simply as each Pennsylvanian is hurting from rising inflation and fuel costs, so are Pennsylvania companies.

With this in thoughts, Governor Tom Wolf on Friday visited Schaefer Flowers in York with Consultant Carol Hill-Evans to proceed pushing for ​the Republican-led Basic Meeting to spend Pennsylvania’s uncommitted American Rescue Plan Act (ARPA) {dollars} on the commonwealth’s small companies.

“We’re sitting on greater than $2 billion that might assist Pennsylvania thrive, regardless of the rising prices we face daily,” mentioned Gov. Wolf. “Pennsylvania’s small companies energy our financial system, they’re owned by our neighbors, and we’d like them to succeed. I’m asking my Republican colleagues to behave now. Let’s get this cash out of our coffers and to the companies that all of us depend on daily.”

With no strategies from​ Republicans within the Basic Meeting on find out how to spend Pennsylvania’s remaining ARPA funds, in February Gov. Wolf and his Democratic colleagues say they proposed a $1.7 billion spending plan that would offer direct aid to Pennsylvania’s companies, communities, and households.

The plan features a $225 million recapitalization of the Small Enterprise Help Program developed throughout the COVID-19 pandemic. Companies can be eligible to obtain grants starting from $5,000 to $50,000 that might cowl a spread of bills, officers say.

In 2020​, greater than 10,000 companies acquired $192 million from the Small Enterprise Help Program, together with Schaefer Flowers of York which acquired $50,000.

“This can be a 124-year-old household enterprise and this grant was a lifeline to us,” mentioned CEO of Schaefer Flowers, Chris Sallade. “Whereas the COVID-19 pandemic is ending, all small companies are nonetheless struggling ultimately.”

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Recapitalizing the Small Enterprise Help Program may help one other 11,000 small companies in PA.

“The ninety fifth legislative district has seen a rise in small enterprise progress throughout the pandemic. Help from the commonwealth gave small companies a lift to hold via, however extra might be finished,” mentioned Rep​. Hill-Evans. 

Gov. Wolf’s $1.7 billion proposal additionally consists of $500 million for direct funds to Pennsylvanians in want, $204 million for direct property tax aid, $325 million for Pennsylvania’s healthcare system, and $450 million to put money into conservation, preservation, and revitalization of Pennsylvania communities in response to officers.

If Pennsylvania doesn’t obligate the ARPA {dollars} by December 31, 2024, they are going to want returned to the federal authorities.