city council approves distribution of cares act

Aldermen approved measure outlining how city officials plan to distribute $1.1 in stimulus money from Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act.. ... Lightfoot's Budget Director Susie Park told aldermen during committee hearing that the department was..

what the cares act is missing

Under Section 4013 of CARES Act, during the period beginning on March 1, 2020, through the earlier of Dec 31, 2020, or 60 days 2020, under National Emergencies Act, institution may elect to suspend the requirements under U.S. ... The problem with the relief under CARES..

virginia department of elections announces cares act

While funds disbursed to localities may also be used for obtaining personal equipment, Virginia Department of Elections has provided $1 PPE and sanitization supplies utilizing state resources for May local elections and CARES Act funding for June primary elections and is preparing to..

brite bus receives cares act funding

BRITE is receiving $3 million from CARES Act. The funds will ensure drivers have adequate personal equipment and cleaning supplies... ... The million of CARES Act funding awarded to BRITE Bus has allowed the transit system to maintain operations, fare-free trips, and..

need to know more about the cares act?

The newly passed CARES Act includes important relief for small businesses, including emergency grants, forgivable loan program, and changes to rules for expenses and deductions meant to make it easier for small businesses to keep employees on the payroll and open for business. ... By..

the cares act impact on retirement plans

The CARES Act doubles the maximum amount that can be borrowed from 401 from the lesser of $50,000 or 50% of the account balance to the lessor of $100,000 or 100% of the participant's balance. The sponsor will need to make amendment to the plan, and the date to do this has been pushed out..

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