CARES in California: New Unemployment Benefits Available Under Federal Law
5/8/20
By: Anastasia Osbrink
With over 3.5 million unemployment
claims in California since mid-March, the state is facing an historic level of
payments that need to be made. In fact, the state has paid out approximately
$4.5 billion, which is entirely …
CARES Section 18006 Encourages Schools to Retain Staff to the “Greatest Extent Practicable”
4/27/20
By: Tia Combs
As many schools around the country make the final decision to remain closed for the school year, it may be tempting to cut back on staff to save money for what is predicted to be a historic …
Los Angeles Mayor Issues Executive Order Requiring Employers To Provide COVID-19 Supplemental Paid Sick Leave For Employees
4/14/20
By: Michelle Harrington
What Does The Executive Order Require: The COVID-19 crisis has employers scrambling to stay on top of legal obligations imposed by recent federal legislation, including the federal Families First Coronavirus Response Act and the CARES Act, and …
COVID-19: Protecting Those Who Protect Us
4/2/20
By: Parisa Saleki
The Volunteer Protection Act of 1997 (Public Law 105–19)
came into effect over two decades ago with a simple goal: promote volunteerism
by limiting, and sometimes eliminating, a volunteer’s risk of tort liability. The
recently enacted Coronavirus …
CARES Act and Paycheck Protection Program
4/1/20
All businesses with 500 or fewer employees, including nonprofits, veterans organizations, Tribal business concerns, sole proprietorships, self-employed individuals, and independent contractors – can apply for loans that may be forgiven. Businesses in certain industries can have more than 500 employees …
Coalition of Insurance and Business Groups Propose the COVID-19 Business and Employee Continuity and Recovery Fund
4/1/20
By: Nicole L. Graham and Zachariah E. Moura
A broad coalition
has urged the federal government to create a recovery fund for businesses hit
hard by the COVID-19 pandemic.
Representatives
of 36 trade groups from real estate, insurance, retail and …
The CARES Act and What It Means for State and Local Governments
3/31/20
By: Jacob Daly
Much of the focus on the Coronavirus Aid, Relief, and Economic Security (CARES) Act has been on the relief it provides for individuals and both large and small businesses, as well as the funding it provides for …
The New CARES Act Allows Pandemic Victims to Borrow from Their 401(k)s and IRAs Without Penalty and Defer Required Minimum Distributions
3/30/20
By: Greg Fayard
The federal Coronavirus Aid Relief and Economic Security (CARES) Act signed into law March 27, 2020, includes retirement tax relief for victims of the pandemic—namely victims’ 401(k)s and IRAs.
Under section 2202 of the $2 Trillion law …