In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber publishes updates as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

August 19, 2020

FEDERAL

• President Trump’s additional funding for unemployment benefits is expected to begin at the end of August and add $300 to unemployment checks.  The CARES Act initially added an extra $600 per week, but that benefit expired at the end of July.

STATE

• In a recent briefing on the Coronavirus, Governor Abbott indicated the state’s hospitalizations and positive case rate must decrease before he’ll allow bars to reopen.
• Nearly 3.2 million Texans have filed for unemployment relief since mid-March.

REGIONAL/LOCAL

• The City of Plano is committing to not raise the property tax rate as the city puts together a budget amid the economic downturn.
• The Collin County Commissioners are proposing the effective tax rate again this year, meaning their budget will include no new revenue.