Advocacy News

IBA E-News 7-24-20 STATE GOVERNMENT RELATIONS Holcomb Issues Mask Requirement Gov. Eric Holcomb announced on Wednesday that a mask requirement will go into effect in Indiana on Monday, July 27, requiring face coverings for anyone 8 years old or older in the following places:      •  Public indoor spaces and commercial entities;      •  While using public transportation or other vehicle services, such as taxis or ride shares;      •  Outdoor public spaces when not possible to socially distance from people not in the same household....
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IBA COVID-19 Updates 7-21-20 COVID-19 UPDATES Congress Set to Consider CARES 2.0 Soon Discussions around a Coronavirus Aid, Relief, and Economic Security (CARES) Act 2.0 package are on track for consideration in Congress in the coming weeks. With Congress set to head back to their districts next month due to the August recess, topics like PPP loan forgiveness, more state and local aid funds, extension of unemployment benefits and additional stimulus money will be the focus of House and Senate leadership. SBA Planning PPP Loan-Forgiveness Portal The Small Business Administration will soon release a...
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IBA E-News 7-17-20 STATE GOVERNMENT RELATIONS Holcomb Continues to Delay Entry Into Final Reopening Stage Gov. Eric Holcomb announced on Wednesday that he is extending the already-delayed entry into the final phase of Indiana’s Back on Track reopening plan, Stage 5. He said he plans to continue with newly created Stage 4.5 that still requires certain restrictions on businesses and gatherings. The governor noted that the delay will extend at least through the end of July. Learn more about Stage 4.5     FEDERAL GOVERNMENT RELATIONS Action Alert: Ask the Senate to Simplify...
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IBA COVID-19 Updates 7-14-20 COVID-19 UPDATES SBA Provides Guidance on Monthly Form 1502 Filings; First Report Due July 17 In a procedural notice last night, the Small Business Administration provided guidance on the monthly Form 1502 reports that lenders must file on unpaid or unforgiven Paycheck Protection Program loans. The report is due on the 15th of each month or on the next business day after the 15th if it falls on a weekend or holiday. For this month only, SBA provided a two-day grace period, making the first monthly filing deadline Friday, July 17. Lenders should continue filing monthly...
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