Attached are notes from the Governor’s briefing conducted by cabinet members for the ED community.
- All state agencies are operational, although offices are not open to the public. Most staff is working remotely but adequately supporting services.
- Ports are open. There are no barriers to goods entering or leaving despite rumors to the contrary.
Governor’s Proclamation and Key Guidance:
Louisiana Department of Revenue
Louisiana Economic Development
- https://www.opportunitylouisiana.com/covid-19-assistance for daily updates
- The Governor is addressing the State at 7 p.m. on Louisiana Public Broadcasting.
- Working on a bridge loan program with the Louisiana Bankers Association; optimistic rollout by end of the week at the earliest.
- Louisiana Business Hotline 225 342 4321 (operational 8 a.m. to 8 p.m.) and https://www.OpportunityLa.com (click on COVID Banner); try to direct folks to this site instead of the GOHSEP Emergency Ops Center line as it overloading the system.
Department of Environmental Quality
- Parks to stay open; monitoring impacts to travel and tourism
Issues and Opportunities:
- SBA website crashing – LED responded that Congressional delegation was briefed and steps are being taken to address.
- GNOINC – Michael Hecht reported that they are coordinating support for the Cares Act; also GNOINC is announcing today that they are creating GNO Pivot – a website designed to help local companies shift to address needs (e.g. development of PPE and sanitizer) and match with end-users.
- One Acadiana – hosting two webinars for small businesses; continue with series to be put up on website video libraries; first two navigating disaster loans and partnering with GNOINC to support the bill in the Senate
- Louisiana Restaurant Association – encouraging the use of Open4Biz.com; lra.org – the site has critical information
- LABI – Conducted a call with SBA Personnel and will be posting guidance on loans.
- MidContinentOil – working on securing facemasks onsite at oil refineries to be repurposed for healthcare
- LOGA – Working with members to retrofit services to support the state, coordinating with LED and GOHSEP WebEOC.
Congressional Action: Summary of pending Phase 3 legislation from the US Chamber:
Internal Revenue Service:
IRS Implements Tax Credits for Paid Leave
Program: Small and midsize employers can begin taking advantage of two new
refundable payroll tax credits, designed to immediately and fully reimburse
them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to
their employees, under the Families First Coronavirus Response Act (Act). To see the IRS official announcement and
guidance, click HERE.
Eligible employers are businesses and tax-exempt organizations with fewer than 500 employees that are required to provide emergency paid sick leave and emergency paid family and medical leave under the Act. Employers receive 100% reimbursement for paid leave pursuant to the Act.
- Health insurance costs are also included in the credit.
- Employers face no payroll tax liability.
- Self-employed individuals receive an equivalent credit.
Employers with fewer than 50 employees are eligible
for an exemption from the requirements to provide leave to care for a child
whose school is closed, or child care is unavailable in cases where the
viability of the business is threatened.
Resources available from US Chamber of Commerce:
The U.S. Chamber continues to create, update, and
evolve our various resources—including the Live Blog addressing
daily developments as they occur; Coronavirus
Response Toolkit, Small
Business Guide, and the Coronavirus Workplace
Flyer accessible at these links.