As previously announced, The American Rescue Plan Act (ARPA) established $50 billion in aid to small businesses affected by COVID-19. One of the programs that received additional funding was the Economic Injury Disaster Loan (EIDL) program which.
On Monday, February 22, the U.S. Small Business Administration (SBA) released the following press release announcing the changes to SBA's coronavirus relief programs to ensure equity:
The minimum wage in California will be increasing on January 1, 2021. Many cities and counties throughout California, however, have enacted ordinances which establish a higher minimum wage rate for employees working within their local.
On September 17, Governor Newsom signed SB 1159 which establishes two new workers’ compensation presumptions applicable to most employers in California that experience a COVID-19 “outbreak” in the workplace. This has made it easier for employees.
On September 9, 2020, Governor Newsom signed AB 1867, legislation that extends paid sick leave for certain workers.
As schools start resuming classes, many have implemented full or partial online learning programs. This has raised several questions from employers and employees about how leaves permitted under the federal Families First Coronavirus Response Act.
The IRS has announced that the affordability percentage for the upcoming year will be increasing to 9.83 percent. Employer-sponsored health coverage will satisfy the Affordable Care Act (ACA) affordability requirement if next year’s lowest-cost.