News & Analysis as of

Pending Legislation Small Business

Ogletree, Deakins, Nash, Smoak & Stewart,...

Alabama Eyes Portable Benefits for Freelancers and Gig Workers

Certain states have considered enacting legislation facilitating the creation of portable benefit accounts for independent contractors, including gig economy workers. These accounts attach to the individual worker rather than...more

BCLP

The Corporate Transparency Act is Back in Effect - but the New March 21, 2025, Reporting Deadline Remains Uncertain

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As of February 17, 2025, the Corporate Transparency Act (the “CTA”) is back in full force and effect and, along with it, a requirement for most reporting companies to file their beneficial ownership information reports by...more

Perkins Coie

The FY 2024 National Defense Authorization Act: What Government Contractors Should Know

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The Fiscal Year 2024 National Defense Authorization Act (NDAA) includes numerous provisions relevant to government contractors in areas such as artificial intelligence (AI), cybersecurity, supply chain concerns related to...more

Womble Bond Dickinson

Maryland House Economic Matters Committee Considers Senate-Passed Commercial Finance Disclosure Law: Consumer Type Disclosures in...

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We recently reported that the Maryland Senate unanimously approved amended Senate Bill 496 – a broad measure proposed to curb perceived commercial lending abuses in Maryland. The bill has moved on to the House of Delegates...more

Womble Bond Dickinson

Maryland Senate Passes Commercial Finance Disclosure Law: House will Now Consider Consumer Type Disclosures in Commercial Loans

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The Maryland Senate unanimously approved amended Senate Bill 496 last week – a measure proposed to curb perceived commercial lending abuses in Maryland by requiring additional financial disclosures when making loans to small...more

Miller Canfield

The Government's Use of Procedural Hurdles to Disallow Research Credit Refund Claims

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In two recent cases, the IRS has tried to defeat research credit refund claims on procedural grounds, rather than simply litigating whether the substantive nature of the asserted research meets the requirements of section 41...more

Holland & Knight LLP

American Rescue Plan Act of 2021: Summary

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The U.S. House of Representatives on March 10, 2021, passed the Senate-amended H.R. 1319, the American Rescue Plan (ARP). The ARP provides $1.9 trillion in additional relief to respond to the novel coronavirus (COVID-19)....more

Benesch

Key Provisions for Employers in the Consolidated Appropriations Act

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Late on December 21, 2020, Congress passed a $900 billion pandemic relief package (referred to herein as the “Act”), which extends and modifies several provisions of the Coronavirus Aid, Relief, and Economic Security Act...more

Dentons

Pending Bill Extends and Changes PPP

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On December 21, 2020, Congress approved the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Ventures Act. While the act still needs to be signed by the President before it becomes law, it makes some extensions and...more

Benesch

Paycheck Protection Program Round 2

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Although not yet signed into law by President Trump, the house and senate have passed a second stimulus bill that provides for a second round of PPP loans up to an aggregate amount of $284 billion. The second round of PPP...more

Epstein Becker & Green

#WorkforceWednesday: Congress Passes Relief Bill, EEOC's Vaccine Guidance, Return to Work Delayed - Employment Law This Week®

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Welcome to #WorkforceWednesday. This week, Congress finally passes a COVID-19 relief bill as employers make longer-term plans for vaccination programs and return to work. Congress Passes Relief Bill Congress delivers a...more

Pillsbury Winthrop Shaw Pittman LLP

Focus on Forgiveness: The Latest Paycheck Protection Program Regulatory Developments

The SBA has continued its wave of regulations and guidance as PPP borrowers begin to apply for loan forgiveness. New regulations address nuanced, but important, issues such as “owner-employee” compensation and the...more

Downs Rachlin Martin PLLC

Coronavirus (COVID-19) Legal Resources for Business (Updated)

RECENT DEVELOPMENTS - July 20, 2020: A new bill is now pending in the Senate which enhances lender protections and facilitates forgiveness for those PPP borrowers receiving PPP loans of less than $150,000. Proponents of...more

Downey Brand LLP

Senate Passes Paycheck Protection Program Flexibility Act of 2020: What Small Businesses Can Expect

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In the wake of COVID-19, Congress enacted the Coronvairus Aid, Relief and Economic Security (“CARES”) Act which included the Paycheck Protection Program (“PPP”) designed to help businesses fund payroll and other critical...more

Parker Poe Adams & Bernstein LLP

N.C. Legislature Approves $125 Million to Help Small Businesses Through the Pandemic

Over the weekend, the North Carolina legislature passed a nearly $1.6 billion COVID-19 relief package that includes $125 million in funding for small businesses. An earlier version of the bill in the House budgeted $75...more

Smith Debnam Narron Drake Saintsing & Myers,...

House Financial Services Committee Considers Amendments to the FDCPA

On November 14, 2019, the House Committee on Financial Services passed the following bills which would amend the federal Fair Debt Collection Practices Act and tighten consumer protections. The bills will now make their way...more

Burr & Forman

Shelter from the Storm - Bankruptcy Relief Comes in Three's

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A trio of bankruptcy bills are sitting on President Trump’s desk awaiting his signature.  The three bankruptcy bills are the “Small Business Reorganization Act of 2019” (H.R. 3311), the “Honoring American Veterans in Extreme...more

PilieroMazza PLLC

Weekly Update Newsletter - December 2018 #3

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GOVERNMENT CONTRACTING - A former National Aeronautics and Space Administration (NASA) Facility Chief pleaded guilty to receiving illegal gratuities. Steven Eric Kremer, a former Chief of the Range and Mission Management...more

Miles & Stockbridge P.C.

Small Business Runway Extension Act of 2018 Passes the House: One Step Closer to a Five-Year Lookback for Small Business Federal...

On Tuesday, September 25, 2018, the U.S. House of Representatives passed the Small Business Runway Extension Act of 2018 (H.R. 6330). The bill amends the Small Business Act at 15 U.S.C. § 632 to require that the size of a...more

PilieroMazza PLLC

Weekly Update Newsletter - May 2018 #2

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SMALL BUSINESS ADMINISTRATION - Masstech, Richard Lee, and Arnold Lee to Pay U.S. $1.9 Million to Settle False Claims Act Allegations Relating to Small Business Innovation Research Awards - Columbia-based MassTech,...more

PilieroMazza PLLC

Weekly Update Newsletter - March 2018 #2

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GOVERNMENT CONTRACTING - San Diego Communications Company Pays More Than $12 Million to Settle False Claim Act Allegations Regarding Eligibility for Small Business Innovation and Research Contracts - According to a news...more

PilieroMazza PLLC

Weekly Update Newsletter - December 2017 #2

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SMALL BUSINESS - GSA Names 80 Small Businesses to Lead Alliant 2 SB Competition - On December 7, 2017, the GSA released a pre-award list of 80 companies in the running for the five-year, $15 billion Alliant 2 Small...more

Holland & Knight LLP

Private Equity and Other Carried Interest Funds – Federal Tax Policy Tip Sheet: Issue 4

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The House of Representatives on Nov. 16, 2017, voted on and passed their tax reform bill, along party lines (227-205). Passage was expected in the House, where the GOP hold a significant enough majority needed to move the...more

PilieroMazza PLLC

Weekly Update Newsletter - June 2017 #2

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GOVERNMENT CONTRACTING - “GSA Adds Hundreds of Small Businesses to the 8(a) STARS II GWAC Contract.”GSA Press Release, June 15, 2017. Retrieved from gsa.gov. The GSA 8(a) STARS II Governmentwide Acquisition Contract...more

Williams Mullen

Bills to Help Small Businesses Prepare for Cyber Attacks Working Way Through Congress

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On May 2, the U.S. House Committee on Science, Space, and Technology unanimously approved H.R. 2105, the “NIST Small Business Cybersecurity Act of 2017.” The Senate Commerce, Science, and Transportation Committee reported...more

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