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ARTICLE · 11 JUNE 2020

PPP Fix Enacted (Beltway Buzz, June 5, 2020)

Ogletree, Deakins, Nash, Smoak & Stewart
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On June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act into law, just two days after the bill was approved in the U.S. Senate by unanimous consent. As the Buzz discussed last week, the legislative ...

United StatesEmployment and HR
James J. Plunkett
James J. Plunkett
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The Beltway Buzz is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what's happening in Washington, D.C. could impact your business.

PPP Fix Enacted. On June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act into law, just two days after the bill was approved in the U.S. Senate by unanimous consent. As the Buzz discussed last week, the legislative tweak of the Coronavirus Aid, Relief, and Economic Security (CARES) Act's small business loan program will give borrowers greater flexibility, both in terms of how they spend their loans, as well as the length of time they have to spend it.

Congress Heats Up. Aside from the PPP fix, what is on the horizon in Congress for June? For starters, given the significance of the recent national events concerning criminal justice and discriminatory law enforcement, it is possible that policy debates addressing these issues could force

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