ILBA INFORMATIONAL UPDATE MAY 13, 2020
COVID19 Disruption – Wednesday, May 13, 2020
LOCAL GOVERNMENTS DEFY GOVERNOR PRITZKER’S EXECUTIVE ORDER ON CLOSURE:
Governor Pritzker will consider withholding Federal Relief Funds to local municipalities that defy the Executive Order. Additionally, the Governor stated today that businesses that violate the Executive Order would be held accountable to state licensing agencies, such as the Illinois Liquor Control Commission.
ILLINOIS GENERAL ASSEMBLY TO MEET IN SPRINGFIELD NEXT WEEK.
The Illinois General Assembly is scheduled to meet in Springfield Wednesday, May 20 through Friday, May 22, 2020 to address the state spending plan and other items. The session next week will have many modifications to fulfill COVID19 social distancing standards.
FEDERAL GOVERNMENT U.S. HOUSE INTRODUCES HEROES ACT (HR 6800) HEALTH AND ECONOMIC RECOVERY OMNIBUS EMERGENCY SOLUTIONS:
A phase 4 $3 trillion COVID19 relief package. This bill provisions include:
- The covered period for PPP loans would be extended from June 30 to December 31, 2020 (page 821)
- Loan terms would be improved from the current 2 years to 5 years to amortize (page 826).
- PPP loans would be calculated on a non-compound basis, which would save borrowers money (page 826).
- 25 percent of existing funds would be for eligible recipients with 10 or fewer employees (page 827).
- PPP loan funds would be extended from 8 weeks to 24 weeks (page 833).
- The 75/25 rule on use of loan proceeds for non-payroll expenses would be eliminated (page 835-836).
- Borrowers unable to rehire during the prescribed timeframe would be held harmless (page 837).
Yes, but: While this is a positive development, it is only a first step. The need for sustained advocacy remains as the legislative process continues in the Senate and with the Administration.
CHECKING EXPIRED ID’S:
The Illinois Secretary of State’s (SOS) offices are closed for in-person license and ID renewals. The SOS is permitting expired licenses to be used until 90 days after the SOS re-opens. However, the ILCC recommends that other forms of ID be used, as well. The link below provides other acceptable forms of ID’s.
ILLINOIS GAMING BOARD SURVEILLANCE DEADLINE EXTENDED AND COVID19 EMAIL UPDATE.
The IGB has extended the deadline for the installation of video surveillance from the current July 1, 2020 to 120 days after the relaunch of video gaming. There is also a new email address for submitting questions to the IGB.
EMAIL SCAMS ARE TARGETING BUSINESSES:
Government programs like the SBA’s Paycheck Protection Program (PPP) are big news. Unfortunately, business owners are not the only people educating themselves about these programs. While you are focused on getting a loan, scammers are looking for ways to trick you into giving them sensitive business information like your bank account numbers, employees’ Social Security numbers, and even your money.
Do not give your information to someone who calls, emails, or texts you out of the blue. If you are unsure about an email, call the person or business using a phone number you know to be valid. Do not respond to the email with your questions or concerns and do not use the phone number listed on the email/invoice. If the email is compromised, you could be contacting the hackers.
Do not click on links or reply to emails or text messages from someone you do not know. If you click on the links, you could download malware to your computer or device or be connected to a scammer or hacker.
Daniel D. Clausner
Illinois Licensed Beverage Association