Comprehensive tax reform is a key to Kentucky’s growth.

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…

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…

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,…

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…

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…

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,…

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…

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…