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Paycheck Protection Program (PPP) May Run Out of Money Before Deadline Last month, the Paycheck Protection Program (PPP) was extended from its original deadline of March 31 to its current deadline of May 31. However, the Small Business Administration (SBA) is now warning small businesses that the program may run out of money before the…

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U.S. House of Representatives Scheduled to Vote on Gender Pay Equity Bill This Week The U.S. House of Representatives is slated to vote this week on H.R. 7, a bill that would seek to address gender wage discrimination. If passed, this legislation would require employers to demonstrate that any gap in wages between a male…

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Biden Faces Decision in ITC Electric Battery Case President Joe Biden faces a decision this week of whether or not to overturn the International Trade Commission decision that ruled that South Korean battery manufacturer SK Innovation misused trade secrets to gain an unfair competitive decision.   In 2019, South Korean battery maker LG Chem accused…

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President Biden Announces American Jobs Plan Proposal Yesterday in Pittsburgh, PA, President Joe Biden announced his proposal for a sweeping infrastructure plan entitled The American Jobs Plan. In his remarks, President Biden stated that this plan would be “the largest American jobs investment since World War II”. The plan includes a proposed $174 billion investment…

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U.S. Senate Passes PPP Extension to May 31 The U.S. Senate passed the PPP Extension Act of 2021 today in a vote of 92-7. This legislation extends the deadline for eligible businesses to submit applications for first or second-draw loans to their lender of choice to May 31, 2021. The program was originally slated to…

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Bipartisan Coalition Introduce Securing America’s Clean Fuels Infrastructure Act U.S. Senators Tom Carper (D-Del), Richard Burr (R-NC), Catherine Cortez Masto (D-Nev), and Debbie Stabenow (D-Mich) introduced the Securing America’s Clean Fuels Infrastructure Act this morning. This legislation would improve and expand the Alternative Fuel Vehicle Refueling Property Investment Tax Credit (ITC) (commonly referred to as…

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U.S. Senate Small Business Committee Holds Hearing on SBA Loan Programs The United States Senate Committee on Small Business held a hearing yesterday entitled “Oversight of SBA’s COVID-19 Relief Programs”. This hearing was intended to evaluate the progress of SBA COVID-19 Relief Programs including the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL)…

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Sen. Feinstein and Sen. Padilla Urge White House to Reinstate California Clean Air Waiver Senators Diane Feinstein (D-CA) and Alex Padilla (D-CA), sent a letter this week to President Joe Biden pushing the White House to reinstate the California Clean Air Act Waiver. The waiver, which allows California the authority to set independent greenhouse gas…

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ASA Joins AAVOR in NHTSA Vehicle Data Access Comments Shops Need Data to Repair Customers’ Vehicles   The Automotive Service Association (ASA), in partnership with members of the American Alliance for Vehicle Owner’s Rights (AAVOR), submitted comments to the National Highway Traffic Safety Administration (NHTSA) in response to their document “Cybersecurity Best Practices for the…

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U.S. Congress Passes American Rescue Plan The U.S. House of Representatives voted today to pass the next round of stimulus legislation, titled the American Rescue Plan Act of 2021. The $1.9 trillion plan will now be sent to President Biden for signature, likely this week. The legislation includes additional funding for the Paycheck Protection Program…

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