CARES Act Funding & Resources

Overview

The emergency relief bill that a bipartisan Congress passed and President Trump signed into law, in response to the pandemic, is the largest such measure in U.S. history. The CARES Act (Coronavirus Aid, Relief and Security Act) injects two trillion dollars into the economy and is targeted at helping small businesses and individuals stay afloat. The complex legislation raises legal, financial, tax and regulatory issues critical for our clients to understand and get out in front of. Our cross disciplinary teams are at work identifying opportunities and challenges created by the CARES Act to help our community navigate these unprecedented times.

CARES Act Funding & Resources

Overview

Contacts

Distressed Industries and Federal Reserve Loans

Partner

Education

Partner

Partner

Healthcare Response

FDA and Product Development

Timothy R. Franson, M.D.

Principal - Faegre Drinker Consulting

Healthcare Workforce

Principal - Faegre Drinker Consulting

Health Insurance Regulations

Eileen M. Considine

Partner

Medicaid (non-relief provisions)

Steve Lokensgard

Partner

Medicare (non-relief provisions)

Tricia A. Beckmann

Principal - Faegre Drinker Consulting

Telehealth

Megan S. Herber

Principal - Faegre Drinker Consulting

Jennifer R. Breuer

Partner

SBA Loans

Partner

Insights

Insights

Reminder to Higher Education Institutions of October 30 Deadline for CARES Act HEERF Institutional Fund Reports

Revised Higher Education Reporting Requirements for CARES Act Emergency Financial Aid Grants to Students

The Lost Wage Assistance Program Provides Relief After the CARES Act $600 Weekly Benefit Expired

Senate Republicans Introduce COVID-19 Relief Proposals: How Does It Compare to Democrats’ Priorities?

Treasury Waives Main Street Lending Program Restriction on Capital Distributions for Tribal Business Concerns

IRS Expands and Clarifies Relief Provided for CARES Act Retirement Plan Distributions

New Supplemental Guidance and Deadlines Issued for Higher Education Emergency Relief Funds Under the CARES Act

CARES Act: Updated Main Street Lending Program Summary

Main Street Nonprofit Organization Loan Facilities: Summary of Proposed Terms and Considerations

COVID-19 Joint Agency Relief Part 3: COBRA and Special Enrollment Extensions

COVID-19 Joint Agency Relief Part 2: Guidance for Implementing Claim-Related Deadline Extensions

The HEROES Act: Policy Overview and Political Prospects for the Latest COVID-19 Relief Bill

COVID-19 Joint Agency Relief Part 1: ERISA Enforcement Relief for Retirement Plans

IRS Releases Coronavirus-Related FAQs for Retirement Plans and IRAs – Some Guidance Still Forthcoming

U.S. Department of Education Requires Higher Education Institutions to Post CARES Act Funding Information on Websites

HHS Begins Distribution of Provider Relief Funds to Hospitals With High COVID-19 Admissions and to Rural Providers

HHS Issues Guidance on COVID-19 Uninsured Reimbursements

CARES Act: Updated Main Street Lending Program Summary

U.S. Department of Education Releases Additional Details on CARES Act Funds for Minority Serving Institutions, Institutions Serving Low-Income Students and Other Institutions with the Greatest Unmet Coronavirus Needs, and State Discretionary Grants

Consider Near- and Long-Term Issues Before Implementing CARES Act Provisions

Tracking Telehealth Policies Implemented During the COVID-19 Public Health Emergency

U.S. Department of Education Releases $13 Billion for K-12 Schools Through CARES Act Emergency Funding Provisions

A Tale of Two Loan Repayment Changes

U.S. Department of Education Releases Additional Details on CARES Act Emergency Assistance for Higher Education Institutions and Students

Congress Closer to Expanding Popular CARES Act Programs

CARES Act Relief Fund Payments to Health Care Providers: Key Requirements and Compliance Risks

FAQs: Are Component Part Manufacturers Entitled to Immunity Under the PREP Act, the CARES Act or the DPA?

HHS Announces Over $40 Billion in Additional Distributions From the Provider Relief Fund

CARES Act Expands Liability Protections Under the PREP Act

CARES Act: Main Street Lending Program Summary for Small and Mid-Sized Businesses

FAQs on COVID-19 Group Health Plan Coverage Implementation

U.S. Department of Education Releases Details on CARES Act Emergency Assistance for Higher Education Students

CARES Act: Revisions to the Treatment of Substance Use Disorder (SUD) Records

How to Determine Eligibility Under SBA Affiliation Rules for the CARES Act Paycheck Protection Program

Calculating Plan Loan Limits under the CARES Act: Application of the One-Year Lookback

Expanded Unemployment Insurance Access and Benefits: 4 Key Takeaways From the CARES Act

New SBA Regulations Provide Clarity on the Application of the CARES Act Paycheck Protection Program to Tax-Exempt Nonprofit Organizations

The CARES Act: Relief for Health Care Providers

The CARES Act and HUD Program Participants: Takeaways and Questions Raised

CARES Act Provides Aid and Regulatory Relief to Students and Educational Institutions

CARES Act Brings Much-Needed Relief (and New Obligations) for Benefit Plans

Key Takeaways for Indian Country From the Coronavirus Relief Package

Labor and Employment Issues in the CARES Act

The Impact of the CARES Act Upon Nonprofit Organizations

CARES Act: Key Business Provisions in the Coronavirus Aid, Relief, and Economic Security Act

Tax Relief for Businesses Included in the CARES Act

Congress Nears Passage of $2 Trillion COVID-19 Relief Package

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