MI SR0130

Memorializes Congress to explore additional relief measures for businesses affected by the COVID-19 pandemic beyond existing programs.

Notes that as of the resolution's adoption on June 24, 2020, Michigan had over 56,000 confirmed COVID-19 cases with more than 5,000 deaths, and the nation had over 1.7 million cases with 100,000 deaths.

Identifies that forced business closures due to government mitigation measures have caused significant hardship, with approximately 14 percent of Michigan small businesses uncertain about survival and 7.5 million small businesses nationally at risk of closure.

States that the existing Paycheck Protection Program (PPP) under the CARES Act has been insufficient to help millions of affected small businesses, and that federal and state governments have a responsibility to provide assistance since government policies contributed to the economic crisis.

Requests transmission of the resolution to the Speaker of the U.S. House, the President of the U.S. Senate, and Michigan's congressional delegation.