On April 2, 2020, the Department of Treasury and the Small Business Administration (SBA) posted the Interim Final Rule implementing Sections 1102 and 1106 of the CARES Act in advance of its publication in the Federal Register. On April 3, 2020, SBA also released an overhauled Paycheck Protection Program loan application form.
The new
On March 16, 2020, the U.S. House of Representatives passed the Families First Coronavirus Response Act (H.R.6201), after adding a 90-page “technical corrections amendment.” The legislation will now be considered by the U.S. Senate. It contains provisions providing for an Emergency Paid Sick Leave benefit and a Public Health Emergency Paid Leave benefit. A refundable