The U.S. House of Representatives passed U.S. Senator Marco Rubio’s (R-FL) Pensacola and Perdido Bays Estuary of National Significance Act (S. 50) to direct the Environmental Protection Agency to formally enroll the Pensacola and Perdido Bays Estuary Program (PPBEP)...
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Rubio Sobre su Nominación para Liderar el Departamento de Estado
U.S. Senator Marco Rubio (R-FL) released a statement on his nomination by President-elect Donald J. Trump to serve as the United States Secretary of State. “Leading the U.S. Department of State is a tremendous responsibility, and I am honored by the trust President...
ICYMI: Rubio Joins The World Over With Raymond Arroyo
U.S. Senator Marco Rubio (R-FL) joined The World Over with Raymond Arroyo to discuss President-elect Donald Trump’s historic victory, the Democrats’ response to the election, foreign policy challenges facing our nation, and more. See below for highlights and watch the...
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Inauguration Ticket Information
Senator Rubio's office is pleased to be issuing a limited number of tickets to President-elect Donald Trump's inauguration ceremony, which will occur on January 20, 2025 at the West Front of the U.S. Capitol. Floridians interested in receiving tickets should fill out...
ICYMI: Rubio Joins Hannity
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Rubio Statement on Paycheck Protection Program Re-hire Exemption
Washington, D.C. — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, issued the following statement after the U.S. Small Business Administration (SBA) and U.S. Department of the Treasury provided additional guidance related to loan forgiveness reductions if Paycheck Protection Program (PPP) borrowers are unable to successfully rehire their workers. Last month, Rubio called for clarity from the administration on the re-hire exemption.
“It is a welcome relief to numerous PPP borrowers that they will not be penalized if they cannot rehire their workers after making a documented good faith effort,” said Chairman Rubio. “This is a step in the right direction and must be followed up with comprehensive loan forgiveness guidance in order to ensure business owners not only have the rules of the road when applying for forgiveness, but are not penalized for good faith decisions made absent this guidance earlier in the process.”
Question 40 in the frequently asked questions (FAQ) document states that if PPP borrowers are unable to successfully rehire their workers, they will be exempt from certain reductions to their loan forgiveness. It also notes employees may be ineligible to continue to receive unemployment benefits if their employer has received PPP funds for their salary or wages. The agencies stated an interim final rule on the subject is forthcoming.
Related:
- April 17, 2020: Chairman Rubio Sends Letter to SBA and Treasury on Implementation of the Paycheck Protection Program.
- April 29, 2020: ICYMI: Chairman Rubio on Fox and Friends.