June 19, 2020

The state's congressional delegation provided positive feedback to our request relative to federal liability protection. Congressman Graves is working on legislation.
On the state side, the Governor has signed into law ACT 336 which will limit businesses, government agencies, trade show organizers and event planners for civil damages for injuries or death from COVID-19 unless they can prove the high legal standard of “gross negligence” or “willful misconduct.”

SBA has released two new versions of the PPP loan forgiveness application: the  standard PPP loan forgiveness application  and the  EZ loan forgiveness application . Both are designed to implement the PPP Flexibility Act (HR 7010).
The EZ application is available to borrowers that:
  1. Are self-employed and have no employees; OR
  2. Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  3. Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%.

You will also find attached further revisions to the PPP interim final rule , the substance of which starts on page 7. 
The Governor has signed SB 189 to distribute $300 million in grants to small Louisiana businesses impacted by COVID19. The fund will be administered by the Treasurer's office. For businesses to qualify, they must be domiciled in Louisiana as of March 1, 2020, have suffered an interruption of business, have a controlling interest by a Louisiana resident, have customers or employees coming to its physical premises, have no more than 50 full-time employees as of March 1 and not be a subsidiary of a larger business, among other requirements.

The $300 million comes from the $811 million allocated for Louisiana parishes from the CARES Act. The remaining $511 million will be allocated to parishes for qualifying expenses. There is a bill currently making its way through the legislative process to

ACEC has released its own Guide to Returning to Work. It reflects what ACEC of Louisiana shared in May but you may want to review.