• Today, Treasury Secretary Steven Mnuchin announced that taxpayers owing a payment to the IRS may defer the payment for 90 days. Treasury Secretary Mnuchin said individuals can defer up to $1 million, and corporations may defer up to $10 million. No interest and penalties will be charged on these deferred payments. Mnuchin suggested many Americans should still strive to file their returns by April 15th in order to receive any refunds they may be due.  
• We have asked the National Restaurant Association to clarify the SBA Disaster Assistance Fund application process as it seems NY is not listed as an applicable zone. 

• We are working with numerous state legislators to circulate a letter asking them to include a deferment of sales tax in the state budget. 
• Guidance from the SLA was released this morning, they have also added a Q+A section that can be found on our website at nysra.org.

• Con Edison in an email today announced: “We will not shut off electric, natural gas or steam service due to payment difficulties resulting from the health crisis. And we are waiving new late-payment charges for all customers. What’s more, we’re suspending the fee usually charged to a customer who is unable to grant access to their property. Of course, we will continue to shut off service when there is a safety issue.”
• Our members are reporting that FDNY is making the rounds to ensure restaurants are indeed open only for takeaway and delivery.

• NYSRA Staff has begun aggregating all member questions into an FAQ document we will share on the website.
• We have developed a way to track whether each of our members are offering delivery/takeaway or are temporarily closed in our database. You can update your member profile by:  
• Signing in on nysra.org
• Click the blue bar at the top it says “Profile update” (Middle column second option)
• Click “edit my profile” button
• Select last option “update your preferences”
• And then select options
• We apologize, but yesterday’s webinar video is delayed due to technical issues at Zoom. We hope to release it tomorrow with notes.
• Please follow us on social media and send us your questions there, links to our social media pages are at bottom of this email.
• Did press interviews today with Les Echos, The Tokyo, the Buffalo News and the Albany Business Review.
• Issued a press statement about NYS sales tax and our push to get it deferred.
• Provided a quote to Senator Borello’s office for a press release.

• United Healthcare
• The UHC leadership team is in the process of considering an approach to some form of premium grace periods or payment plans.
• Heartland
• NYSRA Board Member Andy Carroll provides us with the following information:
• As your partner vested in the health and success of your business, I want to make you aware that Heartland offers fast access to working capital through our funding partner Lendio. Many businesses - especially seasonal - are preparing for their peak revenue opportunity leading up the summer vacation season. Heartland Capital is here to help with those plans and prepare for whatever's next. Attached is a start to learn how we can help. Contact Andrew Carroll [email protected] directly for more details.