Regulatory

  • 11.23.20

    PPP and Main Street Lending Programs

    The Small Business Administration (SBA) recently has issued guidance and related information for the Payroll Protection Program (PPP) and the Main Street Lending Programs. For PPP borrowers with loans of $2 million or greater, lenders will be sending a mandatory survey that must be completed within 10 days of receipt. Smaller PPP borrowers, with loans of $50,000 or less, may be eligible to use simplified Form 3508S to apply for forgiveness as well.

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  • 11.02.20

    Advocacy News

    CDC Revises Definition of Close Contact

    The Centers for Disease Control and Prevention (CDC) has revised its Definition of what constitutes a close contact with a COVID-19 infected person. This change makes exposure time cumulative during a 24-hour period (and not just consecutive minutes) and instructs that the wearing of masks generally does not eliminate the risk of a close contact. The CDC now states a close contact to be: Someone who was within 6 feet of an infected person for a cumulative total of 15 minutes or more over a 24-hour period* starting from 2 days before illness onset (or, for asymptomatic patients, 2 days prior to test specimen collection) until the time the patient is isolated.

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  • 10.29.20

    Advocacy News

    Executive Order on Racial Bias

    On September 22, 2020, President Trump issued Executive Order 13950, “Combating Race and Sex Stereotyping.” The Executive Order sets forth the policy of the United States “not to promote race or sex stereotyping or scapegoating” and prohibits federal contractors from inculcating such views in their employees in workplace diversity and inclusion trainings. The U.S. Department of Labor has issued additional Guidance to assist in implementation.

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  • 09.23.20

    Advocacy News

    Executive Order Defers Payroll Tax Withholding

    President Donald Trump has issued an Executive Order intended to financially assist workers as a result of the 2019 novel coronavirus (COVID-19). The memorandum directs the Secretary of the Treasury to defer certain payroll tax obligations with respect to the American workers most in need. This order has been interpreted to be voluntary, although federal workers have been mandated to comply.

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  • 08.26.20

    Advocacy News

    SBA Issues Additional PPP Guidance

    The U.S. Small Business Administration has issued additional guidance concerning the ownership percentage that triggers the applicability of the owner compensation rule for forgiveness purposes and limitations on the eligibility of certain non-payroll costs for forgiveness.

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  • 08.26.20

    Advocacy News

    DOE Proposes Showerhead Revisions

    In 2011, the Obama Administration, through the Department of Energy (DOE), established a showerhead rule interpretation, which changed the definition of a showerhead. The Federal limit for a showerhead is 2.5 gallons per minute (gpm) at 80 pounds per square inch (psi) supply pressure.

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  • 07.29.20

    Advocacy News

    Hassle-Free PPP Forgiveness, Second Shot of PPP for Struggling Businesses in Play

    Congress is in the midst of negotiating the next comprehensive COVID-19 economic relief package. Trump administration officials have been lobbying Congress on several key administration priorities, the top two being a payroll tax cut and automatic forgiveness of Paycheck Protection Program (PPP) loans under $150,000.

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  • 05.06.20

    Advocacy News

    SBA Clarifies Paycheck Protection Program

    The Small Business Administration (SBA) has added an Item 40 to their list of FAQ's expanding on the topic of PPP loan forgiveness. Some employers are finding laid-off workers declining return-to-work offers when those workers are receiving greater pay through un-employment.

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  • 04.28.20

    Advocacy News

    Paid Sick Leave and Family Medical Leave Update

    The U.S. Department of Labor (DOL) has announced it has ended its temporary non-enforcement of the Families First Coronavirus Response Act (FFCRA). The Department had allowed a grace period to allow employers to comply with the Act’s requirements, particularly with the Emergency Paid Sick Leave Act (EPSLA) and the Emergency Family and Medical Expanded Leave Act (EFMELA). A list of updated FAQs clarifies several points.

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  • 03.26.20

    Advocacy News

    The Science of COVID-19

    It seems that today it’s Coronavirus all day, every day, and that has been particularly true at PHCC. Just to add some fact to the issue, here are some science elements from a DHS Master Question List, plus others to consider.

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