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U.S. Senate Passes PPP Extension through August 8, 2020

July 1, 2020

Last night, the U.S. Senate passed a bill extending the Paycheck Protection Program (PPP) until August 8, 2020 under unanimous consent. The passage of the bill comes hours just before deadline for applications closed at midnight June 30, 2020. Per Politico, Senators had agreed that small businesses would need further…

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CA State Regulators Approve Sales Mandate for Electric Trucks

June 29, 2020

California State Regulators approved a new rule that would mandate truck manufacturers increase the amount of electric trucks they sell in the state through 2035. The California Air Resources Board (CARB) Advanced Clean Truck rule is part of the states’ effort to reduce greenhouse gas (GHG) emissions and improve air…

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U.S. DOT Launches AV Test Initiative

June 22, 2020

Last week the U.S. Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) held a series of webinars to launch the start of the Automated Vehicle Transparency and Engagement for Safe Testing Initiative (AV Test Initiative). NHTSA Deputy Administrator James C. Owens stated that this is the first platform…

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SBA and Treasury Announce New and Revised Guidance Regarding the PPP

June 15, 2020

Per the U.S. Small Business Administration: The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck Protection Program (PPP).  This guidance implements the Paycheck Protection Program Flexibility Act (PPPFA), signed into law by President Trump on June 5,…

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Bipartisan Letter to SBA Regarding EIDL

June 10, 2020

Yesterday, the House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) and Ranking Member Steve Chabot (R-OH) led a bipartisan group of Committee members in a letter to the Small Business Administration (SBA) asking for information regarding issues borrowers have faced with the Economic Injury Disaster Loan (EIDL) Program. In the letter,…

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