Posts by Kirstie Darnall
U.S. Senate passes new relief bill for small businesses
U.S. Senate passes new relief bill for small businesses Courtesy of Kentucky Chamber Bottom Line The U.S. Senate passed a bill providing nearly $500 billion in aid for small businesses and hospitals overwhelmed with seriously ill patients on Tuesday after an agreement was reached by Congress and the White House. According to The Hill, the…
Read MoreBeshear tells Kentuckians to not travel outside Kentucky unless absolutely necessary with new executive order
Beshear tells Kentuckians to not travel outside Kentucky unless absolutely necessary with new executive order Courtesy of Kentucky Chamber Bottom Line Following another increase in cases in the coronavirus in Kentucky, Gov. Andy Beshear announced a new executive order telling Kentuckians to not leave the state unless absolutely necessary. Beshear’s announcement comes after a growth…
Read MoreCongress Passes CARES Act
Congress Passes CARES Act Congress passed the CARES Act late last week that provides $350 billion in loans for small businesses with less than 500 employees, referred to as the Small Business Administration (SBA) 7(a) Payroll Protection Program (PPP). The PPP is a different program than the SBA’s disaster loans previously authorized. Local lenders will…
Read MoreHouse passes $2 trillion coronavirus relief package
House passes $2 trillion coronavirus relief package After heavy negotiating throughout the past week, the House approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act Friday, sending the largest emergency aid bill in U.S. history to President Trump. The President is expected to sign the bill, which aims to provide financial relief to businesses…
Read MoreFEDERAL STIMULUS PACKAGE PASSES SENATE
Federal Stimulus Package Passes Senate After days of intense back-and-forth negotiations, the U.S. Senate passed the emergency relief stimulus package dubbed the Coronavirus Aid, Relief and Economic Security (CARES) Act on Wednesday night. The CARES Act aims to ease financial concerns for small businesses, improve access to health care, provide an emergency increase for unemployment benefits,…
Read MoreContract workers and self-employed Kentuckians can now file for unemployment benefits under new executive order
Contract workers and self-employed Kentuckians can now file for unemployment benefits under new executive order Courtesy of Kentucky Chamber Bottom Line Kentucky is opening unemployment insurance benefits to many across the state that were previously ineligible. Gov. Andy Beshear announced Wednesday evening that business owners, those who are self-employed, independent contract workers, substitute teachers, and…
Read MoreU.S. Senate passes $2 trillion stimulus package
U.S. Senate passes $2 trillion stimulus package After days of intense back-and-forth negotiations, the U.S. Senate passed the emergency relief stimulus package dubbed the Coronavirus Aid, Relief and Economic Security (CARES) Act on Wednesday night. The CARES Act aims to ease financial concerns for small businesses, improve access to health care, provide an emergency increase…
Read MoreClothing, entertainment, sporting good and other non-essential retail to be closed by tomorrow night
Clothing, entertainment, sporting good and other non-essential retail to be closed by tomorrow night At a press conference on Sunday evening, Kentucky Gov. Andy Beshear announced all non-essential retail businesses will need to close to in-person traffic by Monday at 8 PM EST. Non-essential businesses included in this new round of closures include clothing, entertainment,…
Read MoreKentucky Chamber and Kentucky’s Workforce and Education Cabinet announce “COVID-19: Who’s Hiring?” initiative
Kentucky Chamber and Kentucky’s Workforce and Education Cabinet announce “COVID-19: Who’s Hiring?” initiative Courtesy of Kentucky Chamber Bottom Line As COVID-19 continues to develop, many businesses are experiencing layoffs while others are ramping up hiring efforts. To continue supporting Kentucky businesses and citizens in these challenging times, the Kentucky Chamber will be working in partnership…
Read MoreCongress passes bill to supply relief to employees and the economy in response to coronavirus
Congress passes bill to supply relief to employees and the economy in response to coronavirus Courtesy of Kentucky Chamber Bottom Line In response to the coronavirus outbreak and its expected impact on businesses and the economy, the U.S. Senate passed the Families First Coronavirus Response Act. The bill attempts to help employers and employees navigate…
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