Posts by growthzone
U.S. House Committee Holds Hearing on the EIDL
U.S. House Committee Holds Hearing on the EIDL The U.S. House Committee on Small Business convened a hearing entitled, “The Economic Injury Disaster Loan Program: Status Update from the Administration.” Per the hearing notice from the committee, Mr. Rivera is responsible for the implementation of the Economic Injury Disaster Loan (EIDL) program, and the hearing…
Read MoreU.S. Senate Passes PPP Extension through August 8, 2020
U.S. Senate Passes PPP Extension through August 8, 2020 Last night, the U.S. Senate passed a bill extending the Paycheck Protection Program (PPP) until August 8, 2020 under unanimous consent. The passage of the bill comes hours just before deadline for applications closed at midnight June 30, 2020. Per Politico, Senators had agreed that small…
Read MoreCA State Regulators Approve Sales Mandate for Electric Trucks
CA State Regulators Approve Sales Mandate for Electric Trucks California State Regulators approved a new rule that would mandate truck manufacturers increase the amount of electric trucks they sell in the state through 2035. The California Air Resources Board (CARB) Advanced Clean Truck rule is part of the states’ effort to reduce greenhouse gas (GHG)…
Read MoreU.S. DOT Launches AV Test Initiative
U.S. DOT Launches AV Test Initiative Last week the U.S. Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) held a series of webinars to launch the start of the Automated Vehicle Transparency and Engagement for Safe Testing Initiative (AV Test Initiative). NHTSA Deputy Administrator James C. Owens stated that this is the first…
Read MoreSBA and Treasury Announce New and Revised Guidance Regarding the PPP
SBA and Treasury Announce New and Revised Guidance Regarding the PPP Per the U.S. Small Business Administration: The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP). This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law…
Read MoreBipartisan Letter to SBA Regarding EIDL
Bipartisan Letter to SBA Regarding EIDL Yesterday, the House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Ranking Member Steve Chabot (R-OH) led a bipartisan group of Committee members in a letter to the Small Business Administration (SBA) asking for information regarding issues borrowers have faced with the Economic Injury Disaster Loan (EIDL) Program. In the…
Read MoreVehicle Traffic Drops Drastically in April
Vehicle Traffic Drops Drastically in April Per Politico, data collected from the U.S. Department of Transportation and the U.S. Department of Treasury highlight just how drastically car traffic has dropped off in the past few months — and the resulting hit to the Highway Trust Fund. The Federal Highway Administration (FHWA) released a report on vehicle…
Read MoreOSHA COVID-19 Guidance
OSHA COVID-19 Guidance The Department of Labor’s Occupational Safety and Health Administration (OSHA) continues to provide guidance to assist employees and employers with maintaining safe and healthy working conditions during the coronavirus pandemic. This guidance will be particularly useful as states continue to re-open. We have collected below a list of existing documents, both general…
Read MoreIIHS Study Finds AVs Might Not Prevent All Crashes
IIHS Study Finds AVs Might Not Prevent All Crashes A new study released by the Insurance Institute for Highway Safety (IIHS) found that autonomous vehicles (AVs) would struggle to eliminate most crashes. Per IIHS, “Conventional thinking has it that self-driving vehicles could one day make crashes a thing of the past. The reality is not…
Read MoreTrump Signs PPP Flexibility Act Into Law
Trump Signs PPP Flexibility Act Into Law President Trump just signed H.R. 7010, the Paycheck Protection Program (PPP) Flexibility Act, into law. The bipartisan bill introduced by Congressman Chip Roy (R-TX) and Congressman Dean Phillips (D-MN) passed the U.S. House of Representatives last week on a 417-1 vote. The U.S. Senate passed the bill this…
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