Advocacy News

IBA COVID-19 Updates 7-28-20 COVID-19 UPDATES Senate Stimulus Plan Includes PPP Reforms Senate Republicans have released initial proposals for the next round of stimulus legislation that include several industry advocated provisions. The HEALS Act (Health, Economic Assistance, Liability Protection and Schools Act) includes Paycheck Protection Program reforms including safe harbor protection for PPP lenders, automatic forgiveness for loans under $150,000 with borrower attestation, and a streamlined forgiveness process for loans between $150,000 and $2 million.   The legislative package – introduced by...
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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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