Colorado Springs tourism industry took $500M hit in 2020: study
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Colorado tourism suffered a $9 billion loss in 2020 Lodging properties were hardest hit
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By Joel Funk, WyoFile.com
CHEYENNE Wyoming’s plans for more than $1 billion in federal recovery funds related to the COVID-19 pandemic took on more definition Monday with an emphasis on tax relief for businesses.
Multiple pieces of federal legislation have amounted to more than $8 billion in COVID-19 relief for Wyoming. The lion’s share of that money was in the form of direct payments to individuals, with the second largest in direct aid to businesses.
The state had $1.25 billion available in discretionary funds from the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, a $2.2-trillion bill signed by former President Donald Trump in March 2020. The second major stimulus bill, The American Rescue Plan Act, or ARP, passed earlier this year, is a $1.9-trillion relief and stimulus package. The state has received $534 million in ARP funds to date, with another $534 million expected in 2022. U.S. Sens. John Barrasso and Cynthia Lummis and U.S. Rep. Liz Cheney, all