In this Capitol Report:
PROCO360 podcast features COVID-19 Crisis Communications
Dave Tabor’s podcast, PROCO360, in its most recent episode, features Paul Raab of member Linhart PR speaking about principles and examples of effective crisis communications during COVID-19. This podcast, along with Coronavirus (COVID-19), A Business Leader’s Guide to Effective Crisis Communications, provides excellent content on the subject. Listen here, or by searching PROCO360 in your podcast app.
U.S. House and Senate Pass Phase III COVID-19 Legislation
This week, Congress passed the third of three federal bills in response to the Coronavirus crisis. The Phase III bill includes a $2 trillion relief package that includes $1,200 checks to certain Americans, additional Unemployment Benefits for those recently unemployed due to the virus and financial relief to businesses and the health care industry that have been hit hard by the crisis. A list of the provisions in the bill are as follows:
- Small Business “Paycheck Protection Program”
- Additional Small Business Provisions
- Changes to SBA’s Economic Injury Disaster Loans (EIDLs)
- Loan Programs and Credit Facilities
- Business Tax Provisions
- Pension and Employee Benefit Requirements
- Banking Relief, Mortgage Forbearance, and Credit Reporting
- Payments & Relief for Individuals
- Unemployment Programs
- Work Sharing Programs
- Paid Leave Changes
- Health Care Provisions
- Student Loans
- Airline Industry Support
- State and Local Aid
The legislation is the result of exhaustive bipartisan negotiations and was passed by the U.S. Senate earlier in the week and passed the U.S. House of Representatives today. It will now be sent to President Trump for signature. The National Association of Manufacturers and the US Chamber of Commerce have been actively involved in the legislation and has provided specific details regarding the Phase III bill here:
- US Chamber Summary of Phase III Bill
- Phase III Bill Summary by National Association of Manufacturers
Please contact Loren Furman at email@example.com with any questions regarding this federal legislation.
COVID-19: How Can Your Businesses Help?
In Colorado, we know that good businesses know how to build and rebuild. Many Colorado businesses are asking not only what assistance is available to their companies, but also how they can help during the COVID-19 pandemic. Governor Jared Polis has announced the Help Colorado Now effort where Coloradans can donate or volunteer, as well as the Colorado COVID Relief Fund with the purpose of raising funds and coordinating the allocation of those contribution to support the needs of communities impacted by COVID-19 in both response and recovery. Read the Governor’s Friday, March 27 Press Release here.
Businesses that can offer goods and services for sale during times of disaster can register their company with the Colorado Division of Homeland Security & Emergency Management website. Examples of categories include:
- Heavy Equipment
- Professional Services
- Temporary Facilities
- Water bottled
- Water bulk
Check the Colorado Chamber’s COVID-19 website regularly for the latest resources for business as well as how business can help. The site is updated daily as information comes online.
You can also contact Lauren Schwartz, director, Investor Relations for more information and to share how your business is adapting to the COVID-19 crisis: LSchwartz@COChamber.com or 303.866.9643. We are open for business and here to serve our members.
“Stay at Home” Public Health Orders Adopted by Cities and Counties Across the State
In addition to Governor’s Statewide Stay at Home Executive Order, many cities and counties across the State have adopted their own public health orders in response to the COVID-19 virus. Below are links to the current orders:
City/County of Broomfield
Tri-County Health (Adams, Arapahoe, Douglas counties)