KYGA20: Budget Update Wednesday, Apr 1 2020 

The General Assembly returns to Frankfort today for the 51st legislative day to take action on the branch budgets and accompanying bills. Yesterday, the House and Senate Chairs of the HB 352 Conference Committee presented a summary of the budget compromise reached between the two chambers. The proposal only budgets...

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GLI’s Guide to Federal Loan Programs for Small Businesses during COVID-19 Tuesday, Mar 31 2020 

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 Tuesday, Mar 31 2020 

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 Monday, Mar 30 2020 

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. A...

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Guest Post: Tax Provisions of the CARES Act – What You Need to Know Monday, Mar 30 2020 

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 Monday, Mar 30 2020 

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 Saturday, Mar 28 2020 

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 Saturday, Mar 28 2020 

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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GLI’s Guide to Unemployment Insurance During the COVID-19 Pandemic Friday, Mar 27 2020 

Many employers and employees who have never had to deal directly with unemployment insurance are now finding it necessary to learn as much as possible in light of the COVID-19 pandemic. The crisis is forcing millions of Americans into unemployment, including many in the greater Louisville region.  To help our...

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KYGA20: Twelfth Week Wrap-Up Friday, Mar 27 2020 

The General Assembly reconvened yesterday for the 50th legislative day of the 2020 Session and for the first time since recessing last Thursday under an amended calendar brought about by the COVID-19 crisis. When the legislature adjourned last night they did so until next Wednesday, April 1. The purpose of...

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