A Perfect Fit for Some, but Not Others The New York Times

CARES Act

That means direct cash for many, plus expanded unemployment benefits and new rules for things like filing your taxes and making retirement contributions. State and local governments received up to $150 billion in assistance through the new Coronavirus Relief Fund. Of that, $3 billion was reserved for federally administered territories and $8 billion for tribal governments. The plan dramatically expanded eligibility for unemployment benefits just as new unemployment claims were skyrocketing. Nearly everyone except remote online workers and those already on paid leave were eligible.

Too many constraints can be a barrier to successful use of funds.

“…SBA’s Inspector General estimated that more than$200 billion – or at least 17% of the roughly $1.2 trillionin pandemic loans the agency doled out – had been disbursedto “potentially fraudulent actors.” Of the funds provided, not less than $400,000,000 shall be made available to meet the direct needs of tribes. The understanding and trajectory of the COVID-19 outbreak is changing rapidly, as is the response by Congress and the current administration. Some of the provisions in the CARES Act have already been enhanced by regulatory actions, such as telehealth.

Other Programs

The “Respect State Housing Laws Act” would remove this vital and basic protection for tenants. The Biden-Harris Administration is committed to bolstering the health care workforce and ensuring the contributions of workers across the long-term care sector are appropriately valued. CMS is developing a $75 million national nursing home staffing campaign to increase the number of nurses in nursing homes, thereby enhancing residents’ health and safety. Through this campaign, CMS will be providing financial incentives for nurses to work in  nursing homes. Significantly, deficiencies in internal controls can also giverise to multiple legal violations with respect to a single PPPloan. For example, a lender could face liability for submitting aPPP loan application to SBA for an ineligible borrower.

CARES Act

October 14, 2020 Reporting Requirements and Lost Revenue Webinar

For the duration of the public health emergency, allows the Assistant Secretary of Aging to waive the dietary guidelines as set forward by the Secretary of HHS and the Secretary of Agriculture. American Indian reservations, Puerto Rico, Northern Mariana Islands and American Samoa all get additional funds and access to federal nutrition programs. The bill makes major changes to unemployment assistance, increasing the benefits and broadening who is eligible.

CARES Act

Status of State Medicaid Expansion Decisions: Interactive Map – KFF

Status of State Medicaid Expansion Decisions: Interactive Map.

Posted: Mon, 08 Apr 2024 07:00:00 GMT [source]

Under the expansion of this existing Economic Injury Disaster Loan Emergency Advance program (EIDL), small businesses affected by COVID-19 were able to apply for an EIDL of $10,000 that did not have to be repaid. There was another $17 billion to pay the principal, interest, and fees on existing federally guaranteed small business loans for a period of six months. Eligible businesses could receive a Small Business Interruption Loan up to 2.5 times their average monthly payroll, up to a maximum of $10 million. By Sept. 5, 2021, all pandemic-related unemployment benefits had ended, although some states stopped them even earlier. Individuals were able to collect unemployment benefits for an additional 24 weeks (versus the original 13 weeks under the CARES Act).

CARES Act

Tax Breaks and Credits

The loans could be used to cover payroll, benefits, and salaries, as well as interest payments, rent, and utilities. Payments were deferred for a minimum of six months up to one year, and there were no prepayment penalties. Department of Education, reduced interest rates to 0%, and stopped collections on defaulted loans.

CARES Act Coronavirus Relief Fund frequently asked questions

However—and this is especially true in the child care industry—funding is critically needed among businesses with either lower business acumen or fewer funds to dedicate to support. For example, home-based child care businesses and smaller centers may be left out or looked over with traditional funding models, inadvertently excluded for the lack of information and resources. Our team had an inside look at the distribution of over $6 billion in relief funding. The speed at which funds had to be deployed meant mistakes were inevitable, but the experience and resulting insight offer guidance for funding child care in a way that leads to meaningful change.

COVID19 Economic Relief

  • To make sure nursing homes have the time they need to hire necessary staff, the requirements of this rule will be introduced in phases, with longer timeframes for rural communities.
  • With many state and local governments now looking to provide new streams of funding, we have identified several key takeaways.
  • Healthcare for All Ohioans/SPAN Ohio has the “Ohio Health Care Act” in the House as House Bill 174, where the Insurance Committee chair will not have a proponent hearing.
  • However, a grant made by the government of a federally recognized Indian tribe to a member to expand an Indian-owned business on or near reservations is excluded from the member’s gross income under the general welfare exclusion.

“…Strike Force teams have charged more than 3,000defendants with crimes, brought hundreds of civil enforcementactions, and recovered more than $1.4 billion in COVID-19 relieffunds.” Before sharing sensitive information, make sure you’re on a federal government site. Requires the Postal Service to prioritize delivery of postal products for medical purposes and allows it to establish temporary delivery points, in such form and manner as the Postal Service determines necessary, to protect employees of the Postal Service and individuals receiving deliveries from the Postal Service.

If I were on Medicaid, I would not have to be afraid of going to the

MIAMI (TND) — A former Miami police officer is on the wrong side of the law, charged with fraud and corruption. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Now that the appeals court has issued its decision, Borelli says it sets an important precedent and other states across the country should pay close attention. The 4th circuit has seven judges appointed by Republican presidents and eight judges appointed by Democratic presidents. Supporters of Missouri’s ban on gender-affirming care for minors gather on the floor of the statehouse in Jefferson City in March 2023. Cases about transgender people and their rights have been working their way through the court system for years.

Leave a Comment

Your email address will not be published. Required fields are marked *

Welcome, a discount of -10% for all 1-year subscriptions (Gold, Diamond) with the following promo code: 10off
Refferlas offer: Get a free month when you refer a customer for a one-year subscription
Scroll to Top