- Information Current as of January 21, 2021
Late last year, Congress authorized funding including $15 billion in grants through the Shuttered Venue Operators (SVO) Grant Program to provide assistance to businesses or specified representatives involved in performance, entertainment and museum arts. The funding was approved as part of the Consolidated Appropriations Act of 2021 and will be administered through the Small Business Administration (SBA), which as of January 20, 2021 is not yet accepting ...
- Information Current as of January 21, 2021
A week before his inauguration, President Biden released his “American Rescue Plan” in which he envisaged an increase of the federal minimum wage to $15 per hour as part of his stimulus bill to address the pandemic. It’s worth remembering that ideas do not necessarily become law, given the realities of negotiation and compromise. That said, increasing the minimum wage – even if it is not to $15 - is more likely than ever before to become a reality now given ...
- Jan 20 2021
For the past two decades, lawsuits under the Fair Labor Standards Act (“FLSA”) have increased more than 200%. One reason for this rise has been the broad construction of the FLSA’s protections that have been imposed by the United States Department of Labor (“DOL”) and the federal courts, creating a challenge for employers to prove that an employee, even one that is highly paid, falls within one of the FLSA’s overtime exemptions.
- Information Current as of January 19, 2021
As of January 1, 2021, gyms and fitness centers in Georgia have different obligations to maintain under Governor Kemp’s latest Executive Order. The latest Order, which was renewed on January 15 for two weeks, requires gyms and fitness centers to implement additional measures to help slow and prevent the spread of COVID-19, namely, those supporting a new Post-Exposure Quarantine Protocol (PEQP) that affects individuals and many businesses in Georgia.
- The 2020 Corporate Transparency Act Will Soon Require Businesses to Disclose Beneficial Ownership InformationJan 19 2021
On December 11, 2020, as part of the National Defense Authorization Act for fiscal year 2021, the U.S. Senate passed the Corporate Transparency Act (CTA). An earlier version of the CTA was passed by the House of Representatives in October 2019 and it was included in the National Defense Authorization Act.
- Economic Aid Act Second Draw Specific Regulations and Opening of Portal to Accept Applications for Second Draw LoansInformation Current as of January 11, 2021
Eligible borrowers who would like to obtain or increase their Paycheck Protection Program (PPP) funding will be able to act as early as this week, due to recent action by Congress and the U.S. Small Business Administration (SBA). On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (EAA) (included within the Consolidated Appropriations Act of 2021) became law. On January 8, 2021, the SBA announced that the portal to accept ...
- Information Current as of January 11, 2021
As noted in the alert, “Georgia Governor Institutes Post-Exposure Quarantine Requirements for Certain Businesses,” Governor Kemp issued a new Executive Order (covering January 1 - 15, 2021) that imposes a new Post-Exposure Quarantine Protocol (PEQP) under certain circumstances, including in relation to children’s camps. Children’s “Camp” is defined by the Order to apply to any entity offering organized sessions of supervised recreational ...
- Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act) and Expansion of Employee Retention Credit (ERC) enacted by the CARES ActInformation Current as of January 11, 2021
On December 27, 2020, the Consolidated Appropriations Act of 2021 (CAA) became law. The CAA includes the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the Act), which extends and expands the Employee Retention Credit (ERC) enacted by the CARES Act. Thus, thanks to the CAA, eligible employers may still have CARES Act tax credits available to them in 2021 that otherwise would have expired at the end of 2020, or for which they otherwise would not have been ...
- Jan 08 2021
As the Biden administration takes office, significant additions to federal employment laws are on the horizon. Adjustments may include increased scope of federal discrimination laws, higher minimum wages, paid sick leave, modified requirements for federal contractors, enhanced enforcement investigation by OSHA and the EEOC, and cutbacks in non-compete restrictive covenants in addition to a new environment for union activity under the PRO Act. Now that ...
- Jan 07 2021
The election of two Democratic senators from the state of Georgia secures a Democratic majority in both houses of the U.S. Congress, which greatly enhances President-Elect Biden’s and the Democrats ability to achieve their agenda on a host of issues, including pursuing extensive changes in the country’s labor relations and employment laws.