---
title: US Senate GOP Unveils “CARES 2” Negotiations Begin
description: Read the a section-by-section summaries of the July 27 GOP version of HEALS Act and the next phase of the Paycheck Protection Program.
---

[OnePoint Human Capital Management Blog ](https://blog.onehcm.com)

# [US Senate GOP Unveils “CARES 2” Negotiations Begin](https://blog.onehcm.com/us-senate-gop-unveils-cares-2-negotiations-begin)

 Written by [onepoint-admin](https://blog.onehcm.com/author/onepoint-admin) | Jul 29, 2020 4:59:51 PM

A Senate GOP "CARES 2" framework was unveiled by top Republican senators on July 27. The framework, which consists of several Senate bills introduced on the same day.

### ***HEALS Act***

These bills make up the HEALS Act -- Health; economic assistance; liability protection; and schools,” Senate Majority Leader Mitch McConnell, R-Ky., said from the Senate floor on July 27. Most notably, most of the tax-related provisions, as introduced by Senate Finance Committee Chairman Chuck Grassley, R-Iowa, fall under the 168-page [American Workers, Families, and Employers Assistance](https://www.finance.senate.gov/imo/media/doc/SFC%20CARES%202.0%20Legislative%20Text.pdf) Bill.

Additionally, a [section-by-section](https://www.finance.senate.gov/imo/media/doc/SFC%20CARES%202.0%20Section-by-Section.pdf) summary of the bill details the various tax-related provisions, which include some of the following:

- additional 2020 recovery rebates for individuals;
- enhanced employee hiring and retention payroll tax credit;
- temporary expansion of work opportunity tax credit; and the
- safe and healthy workplace tax credit.

 

### ***Paycheck Protection Program (PPP)***

Additionally, Senate Small Business Committee Chairman Marco Rubio, R-Fla., unveiled on July 27 the Continuing Small Business Recovery and Paycheck Protection Program Bill, which would provide additional PPP assistance. According to a [section-by-section](https://www.rubio.senate.gov/public/_cache/files/e69aff8c-a13f-4854-bec0-bcf03b171f99/959D6984AEFB5A014AAFC1A3E6CC803F.continuing-small-business-recovery-and-paycheck-protection-program-act-one-pager-final.pdf) summary of the bill, the measure has the following four parts:

- 7(a) Loans to Recovery Sector Businesses;
- PPP Second Draw Loans;
- PPP Improvements; and
- Small Business Growth and Domestic Production Investment Facility.

 

"The bill would allow the most severely affected small businesses to receive a second PPP loan," as noted in Rubio’s press release. "It would also create a new long-term recovery loan program, which would provide working capital to industries that have been hardest hit by the COVID-19 pandemic."

 

Also expected to be included in the HEALS "CARES 2" package, Sen. Tim Scott, R-S.C., on July 27 introduced the [Supporting America’s Restaurant Worker’s Bill](https://www.scott.senate.gov/imo/media/doc/Scott%20Supporting%20Americas%20Restaurant%20Workers%20Act.pdf). The measure would provide a temporary allowance of a 100 percent deduction for business meals through the end of 2020.

 

### ***The Road Ahead for HEALS Act:***

Now, both House and Senate Republican and Democratic lawmakers will begin negotiations to reach a final bipartisan measure. Democrats on Capitol Hill are already expressing opposition to Senate Republicans’ proposal, especially as related to the unemployment benefits provisions. It remains to be seen whether a bipartisan agreement will be reached before Congress is set to recess on August 7.

[View full post](https://blog.onehcm.com/us-senate-gop-unveils-cares-2-negotiations-begin)

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