There is an important tribal reporting deadline at the end of this week: Every tribal government that received a share of the $20 billion Fiscal Recovery Fund (FRF) from the 2021 American Rescue Plan Act must file a report by...more
The U.S. Department of the Treasury released the Final Rule on Jan. 6, 2022, governing the use of Coronavirus State and Local Fiscal Recovery Funds (SLFRF) as established under the American Rescue Plan. To assist…...more
Please note: This alert has been updated with new developments after the enactment of the Infrastructure Investment and Jobs Act. The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized a refundable tax...more
12/7/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
Coronavirus/COVID-19 ,
Employee Retention ,
Infrastructure ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Tax Credits ,
Wages
The $1.9 trillion American Rescue Plan Act allocated $20 billion in Fiscal Recovery Funds (FRF) to tribes. The law required $1 billion to be allocated equally among the federally recognized tribes, and the remaining $19...more
5/21/2021
/ American Rescue Plan Act of 2021 ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Essential Workers ,
Filing Deadlines ,
Interim Final Rules (IFR) ,
Relief Measures ,
Reporting Requirements ,
Tribal Government Programs ,
Tribal Governments ,
U.S. Treasury
The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized a refundable tax credit important to many employers struggling as a result of the COVID-19 pandemic. This credit, known as the Employee Retention...more
5/18/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Employee Retention ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Tax Credits ,
Time Extensions
The U.S. House of Representatives on March 10, 2021, passed the Senate-amended H.R. 1319, the American Rescue Plan (ARP). The ARP provides $1.9 trillion in additional relief to respond to the novel coronavirus (COVID-19)....more
3/11/2021
/ Agricultural Sector ,
American Rescue Plan Act of 2021 ,
Biden Administration ,
Broadband ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Defense Production Act ,
Economic Injury Disaster Loans ,
Economic Stimulus ,
Medicaid ,
Medicare ,
Native American Issues ,
Paycheck Protection Program (PPP) ,
Pending Legislation ,
Popular ,
Public Health ,
Public Schools ,
Relief Measures ,
Residential Leases ,
Residential Property Owners ,
Restaurant Industry ,
Rural Health Care Providers ,
Small Business ,
SNAP Program ,
State and Local Government ,
Tax Credits ,
Transportation Industry ,
Unemployment Benefits ,
Vaccinations ,
Virus Testing
The Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized a refundable tax credit important to many employers struggling as a result of the COVID-19 pandemic. This credit, known as the Employee Retention...more
12/30/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Employee Retention ,
Federal Loans ,
Financial Stimulus ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Credits
The U.S. Department of the Treasury's Office of Inspector General (OIG) released a memorandum on July 2, 2020, that lays out the reporting and document retention requirements that the OIG intends to apply to recipients of...more
Congress has completed three rounds of legislation in response to the COVID-19 pandemic and resulting economic crisis. These include an $8.3 billion supplemental appropriation (round 1) signed into law on March 6, as well as...more
The Treasury Tribal Advisory Committee (TTAC) on March 31, 2020, convened a teleconference instead of meeting in Washington, D.C., to accommodate for the increasing number of stay-in-place and other orders restricting...more
As a result of the coronavirus (COVID-19) pandemic, several legislative and regulatory measures have been promulgated in an effort to assist businesses during the economic downturn. Below is a summary of the most important...more
Congress has completed two rounds of legislation in response to the coronavirus (COVID-19) pandemic and resulting economic crisis. These include an $8.3 billion supplemental appropriation (round 1) signed into law on March 6,...more
Following President Donald Trump's signing of round two legislation, the Families First Coronavirus Response Act, into law, all eyes are on the quickly developing round three legislation that is currently being negotiated....more
Following Senate passage of the Families First Coronavirus Response Act (round two), the Administration and Senate are already busy finalizing measures to be included in round three, which will be focused on economic distress...more
The House of Representatives has passed a corrections bill for H.R. 6201, the Families First Coronavirus Response Act. The bill will now be considered by the Senate. Key provisions that have attracted significant attention...more
3/17/2020
/ Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Emergency Response ,
Employer Responsibilities ,
Family and Medical Leave Act (FMLA) ,
HDHPs ,
Paid Leave ,
Pending Legislation ,
Sick Leave ,
State of Emergency ,
Tax Credits ,
Unemployment Insurance ,
Wage and Hour
After passing $8.3 billion in supplemental appropriations for federal agencies to respond to the coronavirus (COVID-19) outbreak earlier this month, Congress is moving forward with its second legislative response, the...more
3/17/2020
/ Coronavirus/COVID-19 ,
Emergency Response ,
Employer Responsibilities ,
Family and Medical Leave Act (FMLA) ,
HDHPs ,
Paid Leave ,
Pending Legislation ,
Sick Leave ,
State of Emergency ,
Tax Credits ,
Unemployment Insurance ,
Wage and Hour
The Federal Insurance Contributions Act (FICA) imposes a tax on employee wages, and requires contributions from employers in order to fund Social Security and Medicare. Currently, the Social Security portion of FICA tax...more
World health officials are responding to an outbreak of a new respiratory disease called coronavirus disease 2019 (COVID-19). The virus that causes COVID-19 was first detected in China in the final days of 2019, and has now...more
The U.S. House of Representatives' Committee on Education and Labor on March 11, 2020, held a hearing on The Healthy Families Act (H.R. 1784). The bill, which was introduced in early 2019, requires employers to provide at...more