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Recent posts by Johnathan Hladik

Rural location should not prevent business from receiving help

While states are beginning to reopen in the midst of the coronavirus pandemic, businesses are still hurting.

They will be for some time.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress in March was a good first step in helping businesses overcome economic challenges. 

Groups call on Congress to treat rural, urban businesses equally

As lawmakers consider legislation to address the economic fallout of the coronavirus pandemic, a group of 65 small business lenders, including the Center for Rural Affairs, across 32 states are calling on Congress to treat rural and urban businesses equally when it comes to providing relief. 

In a letter to Congress, the group is requesting that any new legislation to address the coronavirus pandemic include six months of principal, interest, and fee payment relief for Rural Microentrepreneur Assistance Program borrowers, similar to that already granted to businesses who borrow through Small Business Administration.

Nebraska Unicameral Update - March 24, 2020

On March 16, as a result of the COVID-19 pandemic, the Nebraska Legislature postponed its 2020 session until it is safe and necessary to call members back. The Legislature did reconvene on Monday after Speaker Jim Scheer announced last week that senators will meet for three legislative days for the sole purpose of addressing needs arising from the spread of the COVID-19 virus in Nebraska. LB 1198, which was amended to provide $83.6 million in emergency funding, advanced to final reading on a unanimous vote. 

Nebraska Unicameral Update- Feb. 25, 2020

The Nebraska Legislature has hit the half-way mark in its “short,” 60 day session. Lawmakers are tentatively scheduled to adjourn on April 23, 2020. Hearings for 482 new bills introduced during the second year of the biennium will wrap up later this week.