Congress Replenishes Paycheck Protection Program (PPP) Through its Phase Four Coronavirus Relief Package. On Tuesday, via unanimous consent, the Senate passed the Paycheck Protection Program Increase Act of 2020...more
4/23/2020
/ Banks ,
Business Closures ,
Business Interruption ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Compliance ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Loans ,
Financial Stimulus ,
Health Care Providers ,
Healthcare ,
Lenders ,
Lending ,
Liquidity ,
Medicaid ,
Medicare ,
New York ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Phase Four Coronavirus Relief Package ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief ,
Unemployment Insurance
Summary -
Late yesterday, the Senate passed the Paycheck Protection Program Increase Act of 2020. The measure appropriates a total of $484 billion, mainly to refund the Paycheck Protection Program (PPP), but also to provide...more
4/22/2020
/ Banks ,
Business Closures ,
Business Interruption ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Compliance ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Loans ,
Financial Stimulus ,
Health Care Providers ,
Healthcare ,
Hospitals ,
Lenders ,
Lending ,
Liquidity ,
Medicaid ,
Medicare ,
New York ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Phase Four Coronavirus Relief Package ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief ,
Unemployment Insurance
Battle Over Additional Congressional COVID-19 Relief Legislation Sizzles then Smolders. All week, Democrats and Republicans have squabbled over how much aid, and what that aid should be earmarked for, in additional stimulus...more
4/9/2020
/ Business Interruption ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Compliance ,
Coronavirus/COVID-19 ,
Families First Coronavirus Response Act (FFCRA) ,
Federal Loans ,
Financial Stimulus ,
Lenders ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Securities and Exchange Commission (SEC) ,
Small Business ,
Transition Relief
Seyfarth Synopsis: The Families First Coronavirus Response Act (“FFCRA” or the “Act”) goes into effect tomorrow April 1, 2020. As covered employers prepare for the Act’s paid sick time (“PST”) and paid family medical leave...more
3/31/2020
/ CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Coronavirus/COVID-19 ,
EFMLA ,
Employer Liability Issues ,
EPSLA ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Financial Stimulus ,
Healthcare Facilities ,
Inspections ,
New Legislation ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA Lending Programs ,
Sick Leave ,
Sick Pay ,
Tax Credits ,
Trump Administration
Senate Passes Historic $2 Trillion COVID-19 Legislation; House to Vote on the Same Tomorrow. As you are well aware, the Senate last night unanimously passed a $2 trillion financial relief package, the Coronavirus Aid, Relief,...more
3/27/2020
/ CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
Coronavirus/COVID-19 ,
EFMLA ,
EPSLA ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Financial Stimulus ,
Healthcare Facilities ,
Inspections ,
New Legislation ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA Lending Programs ,
Sick Leave ,
Sick Pay ,
Tax Credits ,
Trump Administration
Seyfarth Synopsis: The Families First Coronavirus Response Act (“FFCRA” or the “Act”) continues to evolve as we march closer to the Act’s April 1, 2020 effective date. Most recently, the Senate passed H.R. 748, its...more
Senate Passes Historic $2 Trillion COVID-19 Legislation; House to Vote on the Same Tomorrow. As you are well aware, the Senate last night unanimously passed a $2 trillion financial relief package, the Coronavirus Aid, Relief,...more
Congress Approves $8.3 Billion Coronavirus Emergency Funding. The Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (H.R. 6074) is headed for the President’s desk. ...more