President Trump signed off on $600 stimulus payments as part of the $900 billion COVID-relief package. It includes $284 billion for Round 2 of the Payroll Protection Program and more funding.
COVID-19
$900 Billion COVID-Relief Package Details
Congress has agreed on a $900 billion federal stimulus package, the second largest after the $2 trillion CARES Act passed in March. The proposal now requires the President’s signature for approval.
Governor’s Briefing on COVID-19: December 17, 2020
Marylanders are safer at home this holiday season. Governor Hogan recommends that residents limit all travel to essential purposes only. If traveling outside of Maryland, you must either obtain a negative COVID-19 test result or self-quarantine for 10 days.
Governor’s Briefing on COVID-19: December 15, 2020
Important updates on the vaccine, its distribution and its components as the Maryland death toll reaches 5,000. Plus the Department of Health addressed frequently asked questions.
Governor’s Briefing on COVID-19: December 10, 2020
Emergency business loans to be forgiven and millions more in additional tax relief, affordable housing and diabetes support announced today by Governor Hogan.
Maryland Health Insurance Coverage Protection Commission: December 8, 2020
The Maryland Health Benefit Exchange presented updates to the Maryland Health Insurance Coverage Protection Commission on the reinsurance program, which has monthly premiums down an average of 11.9% for 2021, and recommendations for an individual market state subsidy. Recap here: [link]
Governor’s Briefing on COVID-19: December 8, 2020
Governor Hogan addressed the important topic of vaccines – with first doses expected to deliver as early as next week, 155,000 in the first batch and 300,000 by year end, thanks in part to the work of nearly 40 Maryland companies doing vaccine research.
Health and Government Operations Committee: December 1, 2020
The Health and Government Operations Committee’s Insurance and Pharmaceuticals Subcommittee heard updates on the State Reinsurance Program, Easy Enrollment and COVID-19’s impact; and legislative, budget and staffing updates from the Maryland Prescription Drug Affordability Board.
Governor’s Briefing on COVID-19: December 1, 2020
With 1,583 patients hospitalized and 21 hospitals already at 90% or greater capacity, a surge is expected in the coming weeks. Hogan outlined multiple strategies to expand the healthcare workforce.
Governor’s Briefing on COVID-19: November 23, 2020
Governor Hogan announced new compliance and enforcement efforts with Maryland State Police and new awareness campaigns to further use of prevention measures as the state positivity rate hits 6.88%.
COVID-19 Legislative Work Group: November 18, 2020
The Maryland Department of Health and Public Health Services gave the #COVID-19 Legislative Work Group updates on PPE distribution, nursing homes and hospitals, contact tracing and #masksonmaryland.
Governor’s Briefing on COVID-19: November 17, 2020
New COVID-19 restrictions will impact businesses and residents across Maryland.
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In the Community with The Claire Marie Foundation
With spring on the horizon, it’s a reminder of the importance for skin cancer screenings, especially for adolescents. Tim Braue joined The Claire Marie Foundation as they provided free dermatologist appointments in the Baltimore area.
M&A News: Acquisition of Geiger Pump and Equipment
Nemphos Braue represented Geiger, a distributor of industrial and municipal pump and process equipment, in its acquisition by Wisconsin-based Crane Engineering.
Update Regarding the Corporate Transparency Act
A Federal District Court Judge in Alabama has ruled the CTA “unconstitutional” – what does that mean for businesses?