Skip to content

CARES Act

News / Economy / State

Governor announces reallocation of $300 million to prevent larger tax increases for state businesses

Gov. Kay Ivey on Thursday announced the reallocation of $300 million in federal CARES Act funds to prevent businesses from having to pay exorbitant unemployment insurance tax rates. The $300 million is to be transferred to the state’s Unemployment Insurance Trust Fund and used to offset “shared costs” which are distributed to tax-paying employers, according … Continued
/
September 11, 2020

Barry Moore: Trump is “doing what he can to counteract the Democrat’s stonewalling”

Congressional candidate Barry Moore, a former Republican state representative from Enterprise, said that the president is “doing what he can to counteract the Democrat’s stonewalling,” referring to President Donald Trump’s recent executive orders extending unemployment payments, student loan relief, protection from eviction and a payroll tax deferral for persons making less than $100,000 a year. … Continued
/
August 12, 2020

Aderholt pushes for CARES fund flexibility to improve rural broadband

Congressman Robert Aderholt, R-Alabama, on Friday released a statement after leading a bipartisan Congressional letter with Rep. Peter Welch, D-Vermont, to House and Senate leadership urging them to take immediate and necessary actions regarding rural broadband funding from the CARES Act. “The Coronavirus pandemic has put a spotlight on the unacceptable reality of rural broadband … Continued
/
August 10, 2020

Payroll Protection Program deadline has been extended to Saturday

Congresswoman Martha Roby, R-Montgomery, this week reminded business owners that the deadline to apply for the Payroll Protection Program, knowns as the PPP, has been extended to Saturday. “The Small Business Administration’s Paycheck Protection Program (PPP) application deadline was recently extended to Saturday, August 8,” Roby wrote in an email to constituents. “Do not forget … Continued
/
August 5, 2020