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OSHA Issues Alert on Social Distancing During Pandemic

June 1, 2020 | Comments Off on OSHA Issues Alert on Social Distancing During Pandemic

The U.S. Department of Labor Occupational Safety and Health Administration (OSHA) has been dedicated to keeping American workers safe during the COVID-19 pandemic. Per the Department of Labor, “Today, Principal Deputy Assistant Secretary for Occupational Safety and Health Loren Sweatt testified before the House Education and Labor Committee’s Workforce Protections Subcommittee about  the agency’s role…

SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the PPP

May 29, 2020 | Comments Off on SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in the PPP

“Today, the U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development Financial Institutions (CDFIs).  CDFIs work to expand economic opportunity in low-income communities by providing access to financial…

House Passes Paycheck Protection Program Flexibility Act

May 28, 2020 | Comments Off on House Passes Paycheck Protection Program Flexibility Act

Today, the U.S. House of Representatives passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, 417 – 1. The bipartisan bill was introduced by Congressman Chip Roy (R-TX) and Congressman Dean Phillips (D-MN). The Paycheck Protection Program (PPP), first established in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, was meant to…

Trump Administration Sued Over Auto Emissions Rollback Rule

May 28, 2020 | Comments Off on Trump Administration Sued Over Auto Emissions Rollback Rule

Today, California and 22 other states and jurisdictions sued the Trump Administration over the U.S. Environmental Protection Agency (EPA) and the National Highway Safety Traffic Administration (NHTSA) final rule, The Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule for Model Years 2021-2026 Passenger Cars and Light Trucks. Per California Attorney General Xavier Beccera, “The Clean Car Standards require…

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

May 26, 2020 | Comments Off on SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

Per the U.S. Small Business Administration: The Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief,…

Additional Guidance on the PPP Loan Forgiveness Program

May 26, 2020 | Comments Off on Additional Guidance on the PPP Loan Forgiveness Program

The U.S. Small Business Administration in conjunction with the U.S. Department of Treasury released new guidance regarding the Paycheck Protection Program (PPP). The interim rules can be found here: Interim Final Rule on Loan Forgiveness (Released May 22, 2020) Interim Final Rule on Loan Review Procedures and Related Borrower Responsibilities (Released May 22, 2020)

U.S. House Considers PPP Reform Stand-alone Bill

May 22, 2020 | Comments Off on U.S. House Considers PPP Reform Stand-alone Bill

Congressman Chip Roy (R-TX), along with Congressman Dean Phillips (D-MN), Congressman Tom Emmer (R-MN), and Congressman Fred Upton (R-MI)  introduced H.R. 6886, the Paycheck Protection Flexibility Act. The bipartisan bill will make necessary changes to the Paycheck Protection Program (PPP) as business owners nationwide have expressed concerns with the program. Congressman Roy stated, “Unfortunately, for…

U.S. House Subcommittee Holds Hearing on the Oversight of the Federal Trade Commission

May 22, 2020 | Comments Off on U.S. House Subcommittee Holds Hearing on the Oversight of the Federal Trade Commission

On May 8, 2019, the Chairman and four Commissioners from the Federal Trade Commission testified in front the Subcommittee on Consumer Protection and Commerce in a hearing entitled, “Oversight of the FTC: Strengthening Protections for Americans’ Privacy and Data Security.” The FTC’s mission is to protect consumers from unfair or deceptive practices, however, as Chairman…

U.S. House May Consider PPP Reform Stand-alone Bill

May 20, 2020 | Comments Off on U.S. House May Consider PPP Reform Stand-alone Bill

Congressman Dean Phillips (D-MN) and Congressman Chip Roy (R-TX) introduced H.R. 6886, the Paycheck Protection Flexibility Act. The bipartisan bill will make necessary changes to the Paycheck Protection Program (PPP) as business owners nationwide have expressed concerns with the program. The legislation will: Allow forgiveness for expenses beyond the 8-week covered period. Eliminate restrictions limiting…

DOL Announces Final Rule to Expand Access to Bonuses for Workers

May 20, 2020 | Comments Off on DOL Announces Final Rule to Expand Access to Bonuses for Workers

The U.S. Department of Labor (DOL) held a background briefing regarding a final rule that allows employers to offer bonuses or other incentive-based pay to employees whose hours vary from week to week. Per the DOL, the final rule clarifies that payments in addition to the fixed salary are compatible with the use of the…

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