After nine months without concerts or assistance, independent concert venues across the US may soon receive a much-needed helping hand.
Congress is (hopefully) hours away from passing a long-awaited second COVID-19 relief package to boost the economy and help citizens nationwide. Much of the coverage around the package has focused on the $600 stimulus checks Americans will receive, but there is another piece of the package that has the music industry crying tears of joy. It turns out, Congress may #SaveOurStages after all.
According to USA Today’s Nicholas Wu, the relief package incorporates the Save Our Stages Act (#SaveOurStages). First introduced by Senators John Cornyn of Texas and Amy Klobuchar of Minnesota over the summer, the act calls for six months of financial support to “keep venues afloat, pay employees, and preserve a critical economic sector for communities across America.” Under the original proposal, venues would be provided grants accounting for either 45% of a business’ operation costs from the previous year or $12 million in total — whichever is the lesser amount. Venues would then be allowed to use that money to pay off “costs incurred during the COVID-19 pandemic” as well as rent, utilities, mortgages, personal protective equipment, maintenance, administrative costs, taxes, and expenses to meet local and federal social distancing guidelines.
“We’re thrilled that Congress has heard the call of shuttered independent venues across the country and provided us a crucial lifeline by including the Save Our Stages Act in the COVID-19 Relief Bill,” said Dayna Frank, owner & CEO of First Avenue Productions and Board president of NIVA.
“We’re also incredibly grateful that this bill provides Pandemic Unemployment Assistance, which will help the millions of people who lost their jobs through no fault of their own during this economic crisis. We urge swift passage of this legislation, which will assist those in the greatest need and ensure the music lives on for generations to come.”
Congress is expected to pass the latest COVID-19 relief bill before Christmas. President Donald Trump is expected to sign the legislation as soon as it is presented to him. Follow Haulix for more updates on the #SaveOurStages movement while the industry waits for live music to return in 2021.
