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Federal News About COVID-19

June 5, 2020
Changes to PPP Rules Set After Senate Passes Paycheck Protection Flexibility Act of 2020

By Brandon Allfrey, Partner, Squire, Brandona@squire.com Late Wednesday evening, the U.S Senate passed by unanimous consent the Paycheck Protection Program Flexibility Act of 2020 to ease some of the original rules of the PPP application and forgiveness rules from the CARES Act and the subsequent guidance from the Treasury Department.  The details of the Act did not change from the […]

May 15, 2020
President Trump Announces $11 Billion For States to Meet COVID-19 Testing Goals

Earlier this week, President Trump announced that the administration was sending $11 billion in federal funding to states to boost their COVID-19 testing capacities. The $11 billion was originally approved as part of the CARES Act.   In addition to the funding, the federal government will be assisting states with test-kit items, such as swabs, […]

May 15, 2020
House Democrats Move to Pass $3 Trillion COVID-19 Relief Package

House Democrats have proposed a new $3 trillion relief package, titled the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, which would increase funding for state and local governments, extend unemployment benefits, and designate special funding for frontline healthcare workers and first responders. Republicans have pushed back over the timing and priorities of the […]

May 13, 2020
Coronavirus (COVID-19) Update: FDA updates on surveillance inspections during COVID-19

For Immediate Release: May 11, 2020 Statement From: Commissioner of Food and Drugs – Food and Drug Administran Stephen M. Hahn M.D. During COVID-19, the U.S. Food and Drug Administration will continue to utilize and implement additional alternative inspection tools and approaches while postponing domestic and foreign routine surveillance inspections. This will continue as local, […]

May 8, 2020
FDA Requires Review of COVID-19 Antibody Tests

To ensure the accuracy of COVID-19 antibody tests and guard against fraudulent testing claims, the FDA recently announced that it would update its March 16, 2020 guidance and start requiring serology test developers to obtain an Emergency Use Authorization (EUA). The agency has also outlined test performance expectations. Manufacturers that have already commercialized product based […]

May 7, 2020
Senate Democrats Announce Legislation to Federalize Medical Supply Chain

Senate Democrats, led by U.S. Senators Tammy Baldwin (D-WI) and Chris Murphy (D-CT), have announced legislation, The Medical Supply, Transparency and Delivery Act that lays out a framework for federalizing the response to COVID-19, including oversight and transparency related to the supply chain for critical medical supplies and equipment. The bill would require the president to utilize all available authorities under the […]

May 7, 2020
Fed Expands Main Street Lending Program

Last week the Federal Reserve announced that it was expanding the scope and eligibility for the Main Street Lending Program to cover more businesses. Under the expanded program criteria, businesses with up to 15,000 employees or up to $5 billion in annual revenue are now eligible, compared to an initial employee cap of 10,000 and […]

April 27, 2020
Congress Approves New $484 Billion COVID-19 Relief Bill, More Funding for PPP

A fourth “interim” bipartisan relief package, the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), totaling $484 billion, is on its way to the President’s desk for signature. Yesterday, the House easily passed the measure, which would put over $300 billion into the depleted Paycheck Protection Program (PPP), support hospitals, and expand testing […]

April 10, 2020
Paycheck Protection Program Has Bumpy Start

The Paycheck Protection Program (PPP) went live April 3, but the process hasn’t gone as smoothly as hoped. The program, recently enacted as part of the Coronavirus, Aid, Relief, and Economic Security Act (CARES), provides $349 billion in funding for small businesses hit hard by COVID-19. Lenders in Utah and across the nation have been […]

April 3, 2020
National Institutes of Health Accepts Late Grant Applications Given COVID-19 Emergency

On March 26, NIH announced that grant applications submitted late would continue to be accepted recognizing that the emergency declaration related to novel coronavirus (COVID-19) would “adversely affect many NIH applicants’ ability to submit applications in a timely manner.”   Specifically, all grant applications submitted late for due dates between March 9, 2020, and May […]

April 3, 2020
Paycheck Protection Program Loans Move Forward SBA/Treasury Department Issue Guidance

On March 31, the Treasury Department and Small Business Administration (SBA) released initial guidance and a sample application form for the Paycheck Protection Program (PPP). The PPP was enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), which was signed by President Trump on March 27. Yesterday, the Treasury Department issued […]

April 2, 2020
CARES Act Includes Rep. Curtis’ small business Advance Payment for Paid Leave

On March 20, after passage of the Families First Coronavirus Response Act (FFCR), Representative John Curtis (R-UT), sent a letter to Treasury Secretary Steven Mnuchin calling for advance payments to small businesses so they can pay for required COIVD-19 paid leave while awaiting their federal tax credits provided under the FFCR. The FFCR requires paid […]

March 30, 2020
CISA: Advisory Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response

“As the Nation comes together to slow the spread of COVID-19, on March 16th the President issued updated Coronavirus Guidance for America that highlighted the importance of the critical infrastructure workforce. The Cybersecurity and Infrastructure Security Agency (CISA) executes the Secretary of Homeland Security’s authorities to secure critical infrastructure. Consistent with these authorities, CISA has […]

March 27, 2020
House Sends $2.2 Trillion Coronavirus Relief Bill to President’s Desk

Today, the U.S. House of Representatives passed H.R. 758, the Coronavirus Aid, Relief and Economic Security Act – or CARES Act – sending the legislation to the President’s desk for signature. The House action follows unanimous Senate passage of the legislation on March 25. President Trump has said he would sign the bill immediately. The […]

March 25, 2020
Senate aims to vote Wednesday on $2T coronavirus bill

Washington Post – The Senate is aiming to vote Wednesday on a $2 trillion stimulus package that is designed to flood the U.S. economy with money in an effort to stabilize households and businesses that have been floored by the coronavirus outbreak, according to an article published in the Washington Post. But Senate leaders were still working […]

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