Small Business Recovery Act passes House committee – KRQE News 13

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Small Business Recovery Act passes House committee – KRQE News 13

Legislature by: KRQE Staff Posted: Feb 23, 2021 / 07:32 AM MST / Updated: Feb 23, 2021 / 07:32

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SANTA FE, N.M. (KRQE) – A bill aimed at helping small businesses recover is headed to the House floor. Senate Bill 3 cleared the House Taxation and Revenue Committee on Monday.

The bill would provide more than $460 million in low-interest relief loans. It would also make it easier for small and medium sized businesses to receive up to $75,000.

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