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Latest News from GLI Advocacy

Indiana updates and expands Stay-at-home order

Yesterday, Governor Eric Holcomb issued an update to a statewide stay-at-home order from last month. The order extends the stay-at-home provisions of an order from March 23rd, which allowed for individuals to leave their homes for necessities and permitted essential businesses to continue operating, The new order extends these provisions…

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Kentucky General Assembly sends 1-year budget bill to the Governor

The Kentucky General Assembly convened yesterday for the purposes of finalizing action on the “budget” and the various affiliated bills. As was expected they did just that taking action on the bills below and only these bills, all of which are budget related. 

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KYGA20: Budget Update

The General Assembly returns to Frankfort today for the 51st legislative day to take action on the branch budgets and accompanying bills.

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GLI’s Guide to Federal Loan Programs for Small Businesses during COVID-19

There are currently two major federal loan programs for small businesses seeking aid during the COVID-19 crisis offered by the U.S. Small Business Administration (SBA). One is the Economic Injury Disaster Loan Program or EIDL. This program was recently expanded by the CARES Act, the major COVID-19 relief bill passed…

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Kentucky restricts travel across state lines

New travel restrictions will be in place for Kentuckians under an executive order announced by Governor Andy Beshear yesterday afternoon. The order instructs Kentucky residents not to travel across state lines except for the following reasons: When required by employment To obtain groceries, medicine, and other necessary supplies To seek…

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Kentucky receives federal disaster declaration

Over the weekend, President Donald Trump approved Kentucky’s request for a federal disaster declaration. According to a statement from the White House, this declaration will make federal funding available to the Commonwealth and eligible local governments and certain private nonprofit organizations for emergency protective measures, including direct Federal assistance.

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Guest Post: Tax Provisions of the CARES Act – What You Need to Know

Late in the evening on Wednesday, March 25, 2020, the United States Senate unanimously passed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”. The CARES Act was approved by a vote in the House and signed by President Trump on Friday, March 27, 2020….

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KYGA20: Final Days of the 2020 Session

Three legislative days remain in the 2020 Session based on the updated calendar approved in response to the COVID-19 pandemic. The current calendar has the General Assembly returning on Wednesday, April 1st when we anticipate a full day of legislative activity. Passing key bills, such as the biennial budget and…

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GLI’s Guide to the Economic Injury Disaster Loan Program

The Economic Injury Disaster Loan Program, or EIDL, is a major federal loan program designed to support small businesses coping with major crises and disasters. It is administered by the U.S. Small Business Administration (SBA) and was recently modified by the CARES Act, the major COVID-19 relief bill passed by…

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GLI’s Guide to New Small Business Loans under the CARES Act

The CARES Act, the COVID-19 relief bill recently signed into law by President Trump, provides $350 billion of federally guaranteed loans to small businesses. The new program, known as the Paycheck Protection Program, was designed to help small businesses keep their employees on payroll throughout this crisis. The Paycheck Protection…

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