The House today concurred with the Senate-passed version of S.350, allocating the use of some of the CARES Act funding available to Vermont for COVID-19 relief. The bill will now go to the Governor. The bill does not enact the initial proposals previously released by the Governor (see related post here). Instead, the bill creates […]
After starting to work on non-COVID related legislation a few weeks ago, the leaderships of the House and Senate appear to have worked out a plan for what bills they want to send to the Governor by the end of June, by which they plan on passing a short-term budget before breaking until mid-August, when […]
The EEOC has updated its online resource “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws”. Click here for the updated web page. For related information, AIV’s national allies at NAM recently held a webinar on employment discrimination laws and COVID-19 issues with EEOC. You can view the […]
OSHA has posted an FAQ page addressing cloth face coverings, surgical masks, and respirators. Questions addressed are: What are the key differences between cloth face coverings, surgical masks, and respirators? Are employers required to provide cloth face coverings to workers? Should workers wear a cloth face covering while at work, in accordance with the Centers […]
Tax Treatment of COVID-19 Donations Notice 2020-46 provides guidance under the Internal Revenue Code on the federal income and employment tax treatment of cash payments made by employers under leave-based donation programs to aid victims of the ongoing Coronavirus Disease 2019 (COVID-19) pandemic as described in the notice. The notice provides that cash payments employers […]
The SBA Vermont District Office will offer a webinar on Thursday, June 11 at 1:00 pm about the new Main Street Lending Program for businesses with up to 15,000 employees and revenues of $5 billion or less that were in sound financial condition before the onset of the COVID-19 pandemic. An update on the Paycheck […]
PPP Funds Still Available More than $100 Billion in Paycheck Protection Program funds are still available. The recent passage of the Paycheck Protection Flexibility Act allows small businesses to use funds up to 24 weeks and have the option of extending the life of the loan from two years to five. SBA will forgive loans if […]
A Presidential Executive Order signed on May 14, 2020 (click here) provides International Development Finance Corporation lending authority under the DPA to re-shore domestic production of strategic resources needed to respond to the COVID-19 crisis, and to strengthen any relevant domestic supply chains. The DFC has now posted background and application information for initiative (click […]
The Federal Reserve has expanded the Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support. Click here for more on this expansion, and click here for more information about the program generally.
The CDC has posted guidance focused on reopening and safe operations for office workspaces, including for office-based employers, building owners and managers, and building operations specialists. Click here for more. For more guidance resources for employers, click here.