Senator Susan Collins speaks with The WGAN Morning News to go over what she has been working on in Washington & Maine, including:
JUSTICE ACT – Senator Collins voted to advance police reform legislation authored by Senator Tim Scott (R-SC) on Wednesday.
-
- Unfortunately, the cloture vote failed.
-
- Senator Collins released this statement following the vote:
“It is truly stunning that the Democratic leader blocked even beginning debate on police reform legislation. The killing of George Floyd laid bare longstanding racial injustices in this country. Now is the time for action………
TREASURY RELEASES NEW RULE ON PPP LOANS – After Senator Collins raised Maine small businesses’ PPP questions directly with Secretary Mnuchin at a Small Business Committee hearing earlier this month, the U.S. Department of Treasury issued a new rule specifying that small business owners who have received a PPP loan can submit a loan forgiveness application immediately after they have spent the funds.
-
- This new rule clarifies that borrowers can apply for loan forgiveness at any point after they have used all funds for which they are seeking loan forgiveness.