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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Provisions of the Paycheck Protection Program and Health Care Enhancement Act include the following. Appropriates an additional $320 billion of funding for the Paycheck Protection Program, which provides low-interest loans for payroll costs and other expenses to small businesses that are forgivable under certain circumstances. [19]
The payroll card company performs required "know-your-customer" due diligence as a condition of accepting the application. In the United States, payroll cards are regulated by state wage-and-hour-laws and by a variety of federal laws including the Electronic Funds Transfer Act [2] and the Consumer Financial Protection Act. [3] Businesses may ...
This program began with the first coronavirus stimulus package, passed in March 2020. This round of the PPP provides funding for up to $284 billion in loans. Second Stimulus Bill: Paycheck ...
The Palm Beach County State Attorney's Office in 2023 created a task force to investigate fraudulent Paycheck Protection Program claims, with charges to be pursued at the state level ...
The Federal Employees Health Benefits (FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government. The government contributes 72% of the weighted average premium of all plans, not to exceed 75% of the premium for any one ...
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