Stimulus Bill: What Changes Will Affect Farmers?
By Bradley Zwilling, University of Illinois Ag Economist; and Evie Hanson, Illinois FBFM Association
On December 27, 2020, the Consolidated Appropriations Act (CAA) of 2021 was signed into law. There were many items in this legislation that affected farmers. There were changes to the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) advance grants, and Employee Retention Credit (ERC), as well as, additions or extensions to other Farm Service Agency (FSA) programs.