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For Immediate Release from Association Partners to their Members The COVID-19 pandemic has created a multitude of challenges for all of us. Through all of these issues confronting us today, our recommended partner, Federated Insurance, has worked closely with their customers to help them find their way through these unprecedented times. Federated is a “Value-Add”…

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Today, April 24, the Small Business Administration (SBA), in consultation with the Department of the Treasury, provided additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established under the CARES Act. This PPP Frequently Asked Questions (FAQ) document will be updated on a regular basis. Borrowers and lenders…

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Supplemental funding for the CARES Act has been voted on and approved by the House and Senate and was just signed by the President. The original CARES Act was signed by the President on March 27.  The original CARES Act included $349 billion for the popular Paycheck Protection Program (PPP) and increased funding for the Economic Injury Disaster…

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Your Association has fielded many questions regarding a broad range of employment-related issues facing employers in the wake of the COVID-19 pandemic. Some of those questions include: An employee of ours has tested positive for COVID-19. What should we do? One of our employees has a suspected but unconfirmed case of COVID-19. What should we…

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In a press conference yesterday afternoon, Governor Noem announced the implementation of two executive orders. In the first order, she removed the word “should” from her March 23 order and replaced it with the word ‘shall’. Governor Noem reiterated her original statement, saying, “If you wish to operate [a business in South Dakota], this is…

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Several of our Minnesota Pioneer EDA members have contacted our office and requested a “travel/work permit” that they may use to identify their employee as a critical or essential worker.  The premise is that the document would be provided to the employee and, in the event the employee is pulled over by law enforcement while…

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The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). As of March 21, 2020, small businesses located in all 50 states, the District of Columbia, and the U.S. territories of American Samoa,…

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The deadline for filing tax returns will be postponed three months to July 15 because of the coronavirus outbreak, Treasury Secretary Steven Mnuchin announced. The decision comes after widespread complaints over the administration’s previous plan to give people who owed the IRS an additional 90 days to pay, without penalties or interest, yet still required…

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PRES. TRUMP SIGNS FAMILIES FIRST CORONAVIRUS RESPONSE ACT PREPARE TO PROVIDE PAID SICK LEAVE AND FMLA – APRIL 2 EFFECTIVE DATE Last evening, President Donald Trump, upon final Senate passage hours earlier, signed into law the Families First Coronavirus Response Act. The Act is an economic stimulus plan that attempts to address the impact of…

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© 2020, Ogletree, Deakins, Nash, Smoak & Stewart, P.C., All Rights Reserved. During the early morning hours of March 14, 2020, the U.S. House of Representatives passed the “Families First Coronavirus Response Act,” (H.R. 6201) by an overwhelming vote of 363-40. The bill now heads to the Senate where it is expected to pass sometime…

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