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Saving local businesses county banks help with PPP

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By BARBARA GREEN
editor@bowienewsonline.com
Montague County small business owners are taking advantage of the Coronavirus Paycheck Protection Program receiving and anticipating loans to help pay their employees until they are able to return to some semblance of normal working conditions.
A new block of funding, $480 billion, has been approved by the Senate and House this week and could come into play as soon as next week. The new package includes $310 billion for PPP with $250 billion refilling the program and $60 billion set aside specifically for smaller institutions like credit unions and community banks.
Across the nation’s main streets the mom and pop shops, diners, hair dressers and others have had to close temporarily, lay off or release employees creating unprecedented unemployment in the county. In Texas alone more than 300,000 unemployment claims have been filed.
A National Federation of Business Research Center survey showed 92 percent of small employers are negatively impacted by the virus outbreak. Almost all small employers are now impacted by economic disruptions from COVID-19 with only five percent stating they are not currently affected. That could change if it continues to spread and businesses remain closed.

Read the full story in your weekend News on how area banks are responding to their small business customers need to apply for federal assistance related to COVID-19.

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Gov. Abbott announces special session

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Signs 1,155 Bills, Vetoes 26 Bills For 89th Regular Legislative Session

AUSTIN – Governor Greg Abbott today announced the final list of 1,155 bills signed into law and 26 bills vetoed from the 89th Regular Legislative Session. Governor Abbott’s veto statements may be viewed here and here. The Governor also announced he will call a Special Session to begin on Monday, July 21, along with an initial list of agenda items. 

“Working with the Texas Legislature, we delivered results that will benefit Texans for generations to come,” said Governor Abbott. “Lieutenant Governor Dan Patrick, Speaker Dustin Burrows, and the Texas House and Senate worked hard to send critical legislation to my desk. This session has seen monumental success, but there is more we can do.”

All seven of Governor Abbott’s emergency items passed the Texas Legislature and were signed into law:

Additionally, Governor Abbott:

At this time, the Governor has identified several bills that were vetoed or filed without signature that will be placed on the upcoming Special Session agenda for further consideration: 

  • Senate Bill 3: Relating to the regulation of products derived from hemp, including consumable hemp products and the hemp-derived cannabinoids contained in those products.
  • Senate Bill 648: Relating to recording requirements for certain instruments concerning real property.
  • Senate Bill 1253: Relating to impact and production fees for certain water projects and to the regulation of certain wells; authorizing a fee.
  • Senate Bill 1278: Relating to an affirmative defense to prosecution for victims of trafficking of persons or compelling prostitution.
  • Senate Bill 1758: Relating to the operation of a cement kiln and the production of aggregates near a semiconductor wafer manufacturing facility.
  • Senate Bill 2878: Relating to the operation and administration of and practices and procedures related to proceedings in the judicial branch of state government.
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City of Bowie officials close Pillar and Rock intersection due to sinkhole

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On Friday city officials reported the intersection at Rock and Pillar was closed due to a sinkhole in the street. This area has been experiencing major drainage problems for many years damaging culverts and the street asphalt and concrete, with a portion of the street collapsing earlier in the spring. Drivers should avoid this area.

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Lake Amon G. Carter to reopen on June 20

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