Loychik Introduces $300 Million COVID-19 Relief Plan

March 2, 2021

Today, State Rep. Mike Loychik (R-Bazetta) introduced a $300 million COVID-19 relief plan to support small businesses, veterans, and child care throughout Ohio. The legislation is supported through critical federal aid due to the ongoing issues from the pandemic.

“We’ve unfortunately seen the continued impact COVID-19 has had on so many parts of our state,” said Loychik. “I stand proudly to introduce this bill that focuses on addressing concerns from our businesses, issues with child care, helping our veterans, and supporting our county fairs for the upcoming year as we recover from this pandemic.”

Within the bill, the aid will be allocated accordingly:

$20 million for indoor entertainment grants
$10 million for new business relief grants
$150 million for small business assistance
$4.7 million to support county fairs
$3 million for Ohio’s two veterans homes
$112 million for child care

Indoor entertainment venues impacted by the COVID-19 pandemic shall be awarded grants in the amounts of $10,000, $20,000, and $30,000 based on factors such as demonstrated loss of revenue due to canceled events or performances.

For new business relief grants, they’ll be distributed in sums of $10,000 for new businesses in the state opening after January 1, 2020. Additionally, the coronavirus relief small business grant will provide grants of $10,000 to all eligible applicants who applied for grants under the Small Business Grant Relief Program on or before December 11, 2020, but whose requests were not funded.

The bill now awaits its committee assignment.