A change shrouded in secrecy will exempt Treasury Secretary John Schroder from key rules governing how he can disburse a huge pot of federal money to small businesses.Maybe not even worth mentioning at this point. The $300 million fund is already money the legislature stole from the state's CARES Act allocation so that they could pass out money to friends. The deed is done there. How fastidious they are about appearing to follow best practices now is kind of pointless.
The change for the $300 million program was included Monday in an amendment to a spending bill sponsored by state Sen. Bodi White, R-Central. The amendment would exempt Schroder from procurement rules and regulations regarding the program to distribute the federal money to help small businesses remain afloat during the coronavirus pandemic.
Tuesday, June 30, 2020
It's John's money club, after all
John gets to make the rules, I guess.
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