On Sunday evening December 27, President Trump signed the legislation providing for $900 billion in coronavirus relief, including a $1.4 trillion omnibus spending bill. The measure injects emergency relief funds into the economy and averts a federal government shutdown. The fate of the relief package and omnibus was uncertain since it passed Congress on December …
Continue reading President Signs Coronavirus Relief Package into Law
The U.S. Senate voted 92-7 to pass the coronavirus relief package and merged it with the $1.4 trillion appropriations omnibus to fund the federal government until September 30, 2021. The House passed the omnibus and COVID relief packages earlier in the evening. PIA has actively advocated for several of the provisions contained in the COVID …
On Sunday, December 20, Congress passed a one-day continuing resolution (CR) to keep the federal government running until midnight tonight and unveiled a deal to finalize a $900 billion coronavirus relief package, as well as a federal appropriations omnibus bill that would fund the government for the rest of the fiscal year, until September 30, …
Continue reading House Passes COVID Relief With PIA-Backed Provisions
The U.S. Senate has passed a one-day continuing resolution (CR) to fund the federal government until midnight, Monday, December 21 by voice vote. The U.S. House passed the CR earlier in the evening. Congressional leaders tonight announced a deal to combine a $900 billion COVID relief package with a $1.4 trillion federal government appropriations omnibus …
After months of wrangling over details of a COVID relief deal, and after delaying passage of federal government funding for FY21, tonight both chambers of Congress agreed on this much: they need more time to finalize the language of the agreed-upon terms for both must-pass deals. Lawmakers on both sides announced bipartisan agreement on the …
This evening, December 18, the U.S. House and Senate passed a last-minute continuing resolution (CR) to fund the federal government until Sunday December 20. The action came just hours before the federal government authority was due to expire. The president signed the bill into law before midnight. This averted a temporary shutdown of the federal …
The National Association of Insurance Commissioners’ (NAIC) Executive Committee has adopted language that would allow for some types of “rebates” to be offered to consumers, unanimously approving amendments to Section 4(H) (“Rebating”) of the NAIC Unfair Trade Practices Act (Model #880) (UTPA). The revised language permits insurers or producers to “[o]ffer or give non-cash gifts, …
Continue reading NAIC Adopts Rebating Changes to Unfair Trade Practices Model
Congress has passed a one-week continuing resolution that avoids a federal government shutdown and gives policymakers another week to negotiate a longer funding bill and find consensus on the details of a coronavirus relief package. Funding authority for the federal government will run out at midnight tonight, Friday, December 11, if the president does not …
Continue reading Congress Struggles to Pass Coronavirus Relief Package
While there are still outstanding congressional races left to be decided, and the membership of committees for the next Congress will not be finalized for several more weeks, there will be big changes coming to the leadership of the U.S. House and Senate Agriculture Committees in 2021. Although the next Farm bill is not up …
Continue reading Changes Coming to Agriculture Committees; Vilsack Named Secretary-Designate
PIA National has issued an action alert urging Congress to prevent a surprise tax on Paycheck Protection Program (PPP) loan recipients. Included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act was a provision stating that any portion of a PPP loan that qualified for loan forgiveness “shall be excluded from gross income” for …
Continue reading PIA Calls on Congress to Prevent Surprise Tax on PPP Loan Recipients
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