Posted on April 2, 2020 by jdooley
The Paycheck Protection Program is a federal initiative providing forgivable loans. This program is aimed specifically at small businesses with 500 or fewer employees, including nonprofit entities (including churches), veterans’ organizations, tribal concerns, self-employed individuals, sole proprietorships and independent contractors. Businesses with more than 500 employees are eligible in certain industries.
The program has a total funding level of $349 billion and is administered by…
Posted on April 1, 2020 by jdooley
HARTFORD – State Rep. Lezlye Zupkus (R-89) along with her House Republican caucus today in a letter to Gov. Lamont offered proposals to provide immediate relief to struggling businesses, idle workers, families and taxpayers coping with the economic consequences of the ongoing health crisis – including breaks on overdue property taxes, for companies facing high unemployment insurance rates and those saddled with student debt.
The proposals could be enacted quickly through executive orders if Lamont…
Posted on March 31, 2020 by jdooley
Dear Friends and Neighbors,
I wanted to share with you some new information regarding Connecticut’s recent approval of Federal Disaster Assistance and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
Connecticut Approved for Federal Disaster Assistance
Yesterday, Governor Lamont announced that the Federal Emergency Management Agency (FEMA) had approved his recent request for a Major Disaster Declaration for the State of Connecticut in response to the COVID-19 pandemic.
This approval…
