Senator Collins Announces Social Security Beneficiaries Will Receive Coronavirus Stimulus Rebate Checks Automatically

Washington, D.C.—U.S. Senator Susan Collins, the Chairman of the Aging Committee, announced today that Social Security beneficiaries will not be required to file a tax return in order to receive a rebate check under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  Senator Collins strongly supported the policyreleased by the U.S. Department of the Treasury and the Internal Revenue Service that will make it easier for many seniors to obtain these targeted relief funds.

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Senator Collins Joins Bipartisan Group in Urging Federal Trade Commission to Protect Seniors from Coronavirus Scams

 

Washington, D.C. – U.S. Senator Susan Collins, the Chairman of the Aging Committee, joined a bipartisan group of 32 Senators in urging the Federal Trade Commission (FTC) to protect seniors from coronavirus-related scams. In response to the recent increase in these scams, the letter to FTC Chairman Joseph Simons calls on the FTC to better inform seniors about coronavirus scams and assist victims in understanding their recourse options to ensure that seniors are protected from those attempting to financially exploit them during the pandemic.

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SBA, Treasury Roll Out Information for Small Employers and Lenders to Participate in $350 Billion Loan Program

UPDATE: Information for Small Businesses about the Payment Protection Program from the U.S. Treasury click HERE. (4/3/2020)

 

Washington, D.C.—U.S. Senator Susan Collins announced today that the Small Business Administration (SBA) and the Department of Treasury released new information that will allow lenders to begin accepting applications and disbursing loans to assist small employers that have been harmed by the COVID-19 pandemic. 

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