| The Coronavirus Aid, Relief, and Economic Security (CARES) Act has numerous provisions that impact Big “I”members, businesses both large and small, and individuals. This document provides preliminary analysis of the Senate passed legislation and may change as additional information is released. Click here to read a breakdown of the four legislative prioities: deliver aid to small businesses to avoid insolvencies and to keep paychecks flowing, provide recovery checks and unemployment insurance directly to the American people, appropriate additional funding and resources for the healthcare fight against COVID-19, and stabilize key industries to prevent mass layoffs.
Hot off the presses: CARES Flowchart
Click here to read the memo from the Big "I" on how the Act impacts agents and their customers.
Other resouces include:
Click here for the "Paycheck Protection Program FAQs for Small Businesses" published by the U.S. Senate Republican staff. Click here to read additional information from the U.S. Treasury Department regarding the Paycheck Protection Program.
Click here for the "Small Business Owner's Guide to the CARES Act" published by the U.S. Senate Democratic staff.
Watch an outstanding webinar (no charge) on the
Families First Coronavirus Response Act (FFCRA) and the CARES Act by Affinity
HR Group, a Big I Hires partner.
The webinar includes a vast amount of
information important your business, including frequently asked questions from
business on the new laws.
Important information that will answer a number
of questions we have been receiving from agencies. Watch the
Video
|