$900 Billion US Stimulus Package Includes $15 Billion for the Arts

tagsSeat For Theatre

Sensitive to art and its dissatisfaction

After months of intense negotiations, the U.S. Congress

Designed to promote the country’s pandemic economy. The stimulus deals include paying $600 to most Americans, increasing federal unemployment benefits, payroll protection program (PPP) loans for companies, and vaccine distribution funds.

In the major victory of the art world in the hardest hit area, the deal was allocated to

Suitable for live music venues, independent movie theaters and cultural institutions, the method is to

After being launched in both houses of the U.S. Congress this summer,


"These places are very important to my state and many other states across the country. They are the lifeblood of our community. They were the first to close and will be the last to open. This bill gives them a chance to fight,"

In the Congress Hall this weekend.

The relief plan also included the creation of a Smithsonian museum dedicated to American women and Latin history after the two museums were billed separately.

. The initiator of the bill has sent a letter to the legislator

In any year-end transaction; the museum has now been approved by Congress.

In addition to the US$900 billion economic relief agreement, the US$1.4 trillion appropriation plan for the next fiscal year also includes an increase of US$2 million for the IMLS Museum Service Office, with a total budget of US$40.5 million, and an increase of 525 for each of the national endowments. Ten thousand U.S. dollars. Arts (NEA) and National Humanities Foundation (NEH), each with a total budget of 167.5 million US dollars.

The CARES Act passed in March provides

Inject strength into the art world by directly providing assistance to government agencies responsible for distributing grants to various organizations: US$75 million to NEA and NEH respectively; US$50 million to the Museum and Library Services Institute (IMLS); and $25 million from the John F. Kennedy Center for the Performing Arts.

This time, the legislation seems to be mainly aimed at performing arts, although it is not the only one. The Save Our Stage Act authorizes the Small Business Administration (SBA) to establish a grant program for "live performance venue operators" (such as theater producers or music venue owners).

As long as the museum has at least one auditorium, theater, performance hall or lecture hall with "fixed audience seats and regular program arrangements", the museum is also eligible for the award. All recipients must have less than 500 full-time employees, and they cannot be publicly traded companies, and apply for the first two weeks

Suffered a 90% loss.

American Museum League

The year-end agreement secured a "major victory" for the museum and expressed gratitude to Chuck Schumer, the leader of the Senate Minority Party, who ensured that the museum was included in the legislation on site.

The relief bill will also expand the PPP loan eligibility for non-profit organizations and news media, some of which

This year, because they are part of a large company. Language changes have also been made to ensure that churches and faith-based organizations are eligible for loans.

Earlier this year, museums, art galleries and other art institutions-including some of the wealthiest companies in the industry, such as David Zwirner Gallery, Gagosian Gallery, Hauser & Wirth, Artnet and Pace-

. But as a national independent venue association

, PPP loans are not enough to help organizations in financial distress (such as those that have been forced to close down).

The organization stated on its website: “We need help to pay the fixed expenses of paying rent, mortgages, utilities, taxes and insurance until all of us can safely and fully reopen.”

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Valentina Di Liscia is a contributor to Hypersensitivity. She originally came from Argentina and studied at the University of Chicago. She is currently studying for a Master of Arts degree at Hunter College, where she obtained...

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