Sector Rules for Phase Two Reopening

Posted on June 9, 2020 by admin


Facebooktwitterredditmail

Rules for Phase Two Reopening by Sector

The Lamont administration has released rules for businesses included in the state’s Phase Two reopening plan, which begins on June 17. The documents below contain sector-specific rules for reopening, including requirements for physical distancing, spatial capacity, hygiene and sanitation, personal protective equipment, and more.

Here are the documents by sector:

Please note: If you are a business eligible to reopen on June 17 (Phase Two), you must self-certify prior to reopening. To self-certify, please click here.

Paycheck Protection Program Flexibility Act (PPPFA)

Based on numerous complaints regarding the Paycheck Protection Program (PPP), Congress passed the Paycheck Protection Program Flexibility Act (PPPFA), which has now been signed into law. Generally speaking, this act makes it easier for small businesses to qualify for loan forgiveness in the following ways:

  • Extends from 8 weeks to 24 weeks (or to 12/31/2020 – whichever comes first) the amount of time a business has to spend the loan amount, hence giving them more time to use the funds on expenditures deemed “forgivable”.

  • It decreases, from 75% to 60%, the amount of the loan which owners must spend on payroll expenses. This gives businesses more flexibility to use the funds for other operational costs including mortgage, rent, and utilities.

  • It extends, from 2 years to 5 years, the time a borrower has to pay back any unforgiven amount of the loan. The loan carries a 1% interest rate.

  • It extends the loan repayment deferral period from 6 months to the date when the Small Business Administration reimburses lenders for the forgivable amount of the loans it has provided to borrowers.

  • It extends the deadline for employers to rehire employees they had laid off during the crisis to previous salary levels from June 30 to December 31. This will allow them to avoid a reduction in loan forgiveness.

Nursing Home/Assisted Living Facility Review

Tragically, many nursing home and assisted living facility residents have fallen victim to the COVID-19 pandemic. Today, the governor announced a formal review of the state’s nursing homes and assisted living facilities, which will be conducted by an independent, third-party organization. They will examine measures taken by each facility to prepare for and respond to the crisis. The governor wants the process completed by fall in preparation for a possible second wave.

Click here to read the full press release.

As always, please contact me if you have any questions regarding these updates or if you would like to discuss any other state issues. I am always happy to serve as a resource for you and your family.

Email: Tom.ODea@housegop.ct.gov

Sincerely,

Tom

State Representative Tom O’Dea

125th Connecticut House District

New Canaan & Wilton