Lexology June 4, 2020
As public protests against police brutality and racial disparity continued to dominate the national policy debate, pushing coronavirus-related news from the front pages, the US Senate has given its approval to legislation passed last week by the US House of Representatives making changes to the Paycheck Protection Program (PPP) created by the March 27 Coronavirus Aid, Relief, and Economic Security (CARES) Act. The legislation now proceeds to the White House, where President Donald Trump will sign it into law.
Topics covered in today’s report include: tax and economic development, health, trade, government oversight and state updates.
The PPP measure, the Paycheck Protection Program Flexibility Act (H.R. 7010), passed the Senate by unanimous consent Wednesday, but not without some drama. Senator...