NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Department of Labor today announced publication of a final rule that expands the ability of private sector employers to communicate retirement plan information online or by email. The rule allows employers to deliver disclosures to plan participants primarily electronically, which will reduce printing, mailing, and related plan costs by an estimated $3.2 billion over the […]
The federal Paycheck Protection Program’s (PPP) rules on how the forgivable business loans can be spent and the unrealistic eight-week timeframe need to be changed to save small businesses from going under as a result of the coronavirus pandemic, NJBIA said Friday. In comments to the U.S. Small Business Administration, which administers the program with […]
The federal bank regulatory agencies today announced temporary changes to their supplementary leverage ratio rule. The temporary modifications will provide flexibility to certain depository institutions to expand their balance sheets in order to provide credit to households and businesses in light of the challenges arising from the coronavirus response. Issued by the Federal Reserve Board, […]
WASHINGTON – U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to coronavirus. “President Trump is working […]
The Department of Health and Human Services (HHS) is processing payments from the Provider Relief Fund to hospitals with large numbers of COVID-19 inpatient admissions through April 10, 2020, and to rural providers in support of the national response to COVID-19, the agency announced Friday. “These new payments are being distributed to healthcare providers who […]
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New Jersey Business & Industry Association
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