Monday, May 4 Recap
Note – We believe this is the most up-to-date information available at this time, but it is subject to change as circumstances warrant. Also, all finalized resources can be found on the COVID-19 Resource Center page of Hall Render’s website.
From the FDA
- The FDA authorized the first serology, or antibody, test where the results of a new independent validation effort by the U.S. Government provided the scientific evidence used to support the authorization.
- The FDA released a new blog, Insight into FDA’s Revised Policy on Antibody Tests: Prioritizing Access and Accuracy, which explains today’s update to a policy on antibody tests for COVID-19.
SBA Issues Additional Guidance on PPP
- The Small Business Administration issued additional guidance clarifying certain implementations of the Paycheck Protection Program, including specific answers for hospitals.
Sen. Braun Introduces Safeguarding Small Business Act Focusing on PPP
- The Safeguarding Small Business Act, authored by Sen. Mike Braun (R-IN), makes a technical correction to the CARES Act to remove all tax liability associated with loan forgiveness under the Paycheck Protection Program. The bill is expected to be introduced tonight. A one-page summary can be found here.
DOL Issues New Guidance
- The Department of Labor issued additional guidance regarding Title II, Subtitle A of the CARES Act. This guidance concerns 100 percent federal reimbursement of certain state Short-Term Compensation (“STC”) payments, as well as other changes to STC programs.
Congressional Outlook
- The Senate resumed its session today while the House remains in recess until a date that has yet to be determined. There are no scheduled votes on coronavirus-related legislation.
For more information, please contact:
- John Williams III at (202) 370-9585 or jwilliams@wp.hallrender.com;
- Andrew Coats at (202) 370-9587 or acoats@wp.hallrender.com;
- Abby Kaericher at (202) 780-2989 or akaericher@wp.hallrender.com; or
- Your regular Hall Render attorney.
Hall Render’s attorneys and professionals continue to maintain the most up-to-date information and resources at our COVID-19 Resource page, through our 24/7 COVID‑19 Hotline at (317) 429-3900 or by contacting your regular Hall Render attorney.
Hall Render blog posts and articles are intended for informational purposes only. For ethical reasons, Hall Render attorneys cannot—outside of an attorney-client relationship—answer specific questions that would be legal advice.
