Reimbursement: Know These Important Details on the New PPP Law
See interim final rule clarifications on bonus and hazard pay.
Sifting through all the COVID-19 funding minutiae can be a full-time job. And now the feds have added another law to the pile — with promises of more changes to follow.
Context: On June 5, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act of 2020 into law. The legislation gives “small businesses more time to repay funds and allow[s] more flexibility on how the funds are spent,” summarizes the National Association for Home Care & Hospice (NAHC).
The “critical program … has provided over...
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