Late Wednesday, the Senate passed the Paycheck Protection Program Flexibility Act, which had previously passed the House. The bill is now set for President Trump’s signature.

This legislation amends several provisions of the PPP, the forgivable loan program designed to help small businesses keep their workers on the payroll during the COVID-19 pandemic.

The Payroll Threshold

Cory Lunde

At the direction of the WG board of directors, the association will oppose the “split roll” initiative set to appear on the California ballot in November 2020.

Currently, there are two versions of the ballot initiative. The first version, the California Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative, qualified as an initiated constitutional amendment on October 15, 2018.

Cory Lunde

Nearly $200 billion of the $310 billion authorized for round two of the small business Paycheck Protection Program (PPP) has been exhausted. If your business is planning on applying for the PPP, you are encouraged to do so immediately, as the forgivable loans are allocated on a first-come, first-served basis.

Cory Lunde

Yesterday, Calif. Governor Gavin Newsom issued an Executive Order (EO) that extends temporary workers’ compensation benefits to essential workers who claim to contract COVID-19 at their place of employment (away from home).

The EO is retroactive to March 19, the day the statewide stay at home order was issued, and will be in place through July 5, 60 days from the date the EO was issued.

Cory Lunde

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