News & Analysis as of

Unemployment Benefits Paycheck Protection Program (PPP) CARES Act

ArentFox Schiff

Investigations Newsletter: Contractor to Pay Over $4 Million to Settle FCA Violations

ArentFox Schiff on

CEO of Defunct Medical Testing Lab to Pay $1.1 Million to Settle FCA and AKS Case - Jae Lee, the former CEO of defunct Northwest Physicians Laboratory (NWPL), agreed to pay $1.1 million to resolve allegations that he...more

ArentFox Schiff

Investigations Newsletter: The Department of Justice Continues to Aggressively Pursue COVID-19 Related Fraud

ArentFox Schiff on

In addition to the ever-growing number of fraud charges brought in connection with the SBA’s PPP program, recent indictments issued across the country in connection with Covid-19 unemployment benefits and economic injury...more

Eversheds Sutherland (US) LLP

Third time’s the charm: Congress provides stimulus round three in American Rescue Plan Act of 2021

On March 11, 2021, the American Rescue Plan Act of 2021 (the ARPA), the third set of legislation aimed at assisting individuals and businesses during the COVID-19 pandemic, was signed into law by President Biden. Along with...more

Lowenstein Sandler LLP

Paycheck Protection Program: FAQs For Microbusinesses - UPDATED March 2021 #2

Lowenstein Sandler LLP on

On December 27, the President signed into law the Consolidated Appropriations Act, 2021. The Act includes a roughly $900 billion COVID-19 relief package, known as the “Economic Aid to Hard-Hit Small Businesses, Nonprofits and...more

Holland & Knight LLP

Real Estate Relief in the American Rescue Plan Act of 2021

Holland & Knight LLP on

On March 11, 2021, President Joe Biden signed H.R. 1319, the American Rescue Plan Act of 2021, into law. The $1.9 trillion COVID-19 relief bill, which passed in the U.S. Senate by a narrow 50-49 vote on March 6 and in the...more

Polsinelli

ARPA Summary

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On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”). The ARPA provides an estimated $1.9 trillion in stimulus to aid in the COVID-19 pandemic....more

Hogan Lovells

Coronavirus: The Hill and the Headlines, March 2021 # 9

Hogan Lovells on

In Washington: President Biden on Thursday signed a $1.9 trillion American Rescue Plan Act into law. Biden, who signed the bill alongside Vice President Harris in the Oval Office, characterized the measure as historic...more

Roetzel & Andress

The American Rescue Plan Act Of 2021

Roetzel & Andress on

Update: President Biden signed The American Rescue Plan Act on March 11, 2021- On Wednesday afternoon, Congress passed The American Rescue Plan Act of 2021, a broad, comprehensive policy response to the challenges brought...more

Hogan Lovells

Congress passes, and the President signs, a sweeping $1.9 trillion COVID-19 relief package

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In his first significant legislative achievement in office, President Biden quickly signed the American Rescue Plan, legislation passed by Congress providing $1.9 trillion in coronavirus relief to Americans and businesses...more

Morgan Lewis

Initial Key Takeaways from the American Rescue Plan Act of 2021

Morgan Lewis on

President Joseph R. Biden signed the American Rescue Plan Act of 2021 on March 11, which provides $1.9 trillion in relief funds across a broad spectrum of categories, including additional support for vaccine distribution,...more

Parker Poe Adams & Bernstein LLP

Coronavirus Relief Bill Includes Variety of Changes Impacting Employers

On December 27, President Donald Trump signed the latest coronavirus relief package into law. Among the more than 5,000 pages of text are three provisions that will impact employers in 2021....more

Laner Muchin, Ltd.

COVID-19 Relief Bill Will Have A Significant Impact On Employers And Employees

Laner Muchin, Ltd. on

On December 27, 2020, the President signed a bill passed by Congress providing additional COVID-19 related relief and stimulus.  The key provisions impacting employers and current and former employees are summarized below,...more

Pillsbury Winthrop Shaw Pittman LLP

Bipartisan Breakthrough: Congress Passes and President Trump Signs $900 Billion Stimulus

After months of deadlock, a $900 billion stimulus package promises direct payments, unemployment benefits and small business aid. On December 27, President Trump signed into law a $900 billion COVID relief package and a...more

Maynard Nexsen

It’s a Roll of the Dice: The Fate of the CARES Act and FFCRA Under Congress’s New Stimulus Bill

Maynard Nexsen on

As 2020 comes to an end and we seek to close the books on what can only be described as an unprecedented, exhausting year, many employers are wondering what happens to the COVID-19-related benefits provided through the...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Congress Includes COVID-19 Economic Relief Provisions for Employers and Individuals in Federal Government Funding Bill

On December 21, 2020, Congress passed a massive bill (H.R. 133) that would fund the federal government for the remainder of fiscal year (FY) 2021 while also providing $900 billion in COVID-19 economic relief for employers and...more

Benesch

Key Provisions for Employers in the Consolidated Appropriations Act

Benesch on

Late on December 21, 2020, Congress passed a $900 billion pandemic relief package (referred to herein as the “Act”), which extends and modifies several provisions of the Coronavirus Aid, Relief, and Economic Security Act...more

Ballard Spahr LLP

New Stimulus Deal: Overview of Major Provisions Impacting Businesses and Individuals

Ballard Spahr LLP on

Congress passed additional COVID-19 relief legislation (H.R. 133) on Monday evening, December 21, 2020. Today, President Trump is expected to sign the deal, which includes a $900 billion economic stimulus package that will...more

Foley & Lardner LLP

Federal COVID Relief Bill passed by Congress - December 2020

Foley & Lardner LLP on

On December 21, 2020, Congress passed a long-anticipated additional round of COVID relief legislation as part of the Bipartisan-Bicameral Omnibus COVID Relief Deal. This relief bill provides much-needed stimulus to...more

Chambliss, Bahner & Stophel, P.C.

More Help Is On The Way—Congress Passes Another Stimulus Round

Last night (Dec. 21, 2020), the U.S. House of Representatives and then the U.S. Senate passed a long-debated $900 billion stimulus package as part of broader overall government funding legislation. The bill now goes to the...more

Pillsbury Winthrop Shaw Pittman LLP

“Job One” for Congress: What to Expect in the Next COVID-19 Relief Bill

Senator Mitch McConnell expresses new interest in passing a COVID-19 relief package in the lame-duck session. Despite agreeing on the need for a COVID-19 relief package, Republicans in the Senate and Democrats in the House...more

Farrell Fritz, P.C.

Forget Congress: The IRS Needs To Reverse Course On The Deduction Of Business Expenses Paid With PPP Loan Proceeds

Farrell Fritz, P.C. on

Round Two- “Painful social lockdowns in Europe and some American states helped blunt the coronavirus. Now, amid a fitful reopening, the pandemic is once again surging.” So begins an article on the front page of last...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – September 2020 # 14

Hogan Lovells on

In Washington - Treasury Secretary Steven Mnuchin said Thursday that he and House Speaker Nancy Pelosi (D-CA) have agreed to revive negotiations over a stalled follow-up coronavirus relief bill. Speaker Pelosi has...more

Manatt, Phelps & Phillips, LLP

CARES, HEROES and HEALS, Oh My! Phase 5 Federal Funding Developments

As the country continues to suffer from the health and economic effects of the COVID-19 pandemic, congressional Democrats and Republicans and the White House are still worlds apart on the next phase of much-needed relief...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – August 2020 #3

Hogan Lovells on

In Washington - Negotiations on the next COVID-19 relief bill continued behind closed doors Wednesday in meetings between Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, House Speaker Nancy...more

Hogan Lovells

Coronavirus: The Hill and the Headlines – COVID-19 D.C. Update – August 2020 #1

Hogan Lovells on

In Washington - The divide between Democrats and Republicans continues as talks today have still resulted in no deal on a new coronavirus stimulus package. House Speaker Nancy Pelosi (D-CA), Senate Minority Leader Chuck...more

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