BGOV Bill Summary: S. 3548, Senate GOP Coronavirus Response Bill

Individuals would receive checks for as much as $1,200, airlines would receive loans, and Medicare payments would be increased under S. 3548.

The measure was assembled by Senate Republicans and represents a starting point in negotiations with Democrats for the third coronavirus response package. Senate Majority Leader Mitch McConnell (R-Ky.) wants to hold a vote on a stimulus package on March 23.

The measure would:

• Make technical corrections to the 2017 tax overhaul (Public Law 115-97) and modify elements of that law to help businesses spread their losses out over time.
• Broaden the Small Business Administration’s main ...