COVID-19 Washington Update: March 23, 2020
Kelley Drye Client Advisory
March 23, 2020
Today's federal response to the COVID-19 pandemic included continued negotiations in Congress, as well as additional announcements from the White House, the Federal Reserve, and various federal agencies. Below is a synopsis of today's actions.

Congress
 
  • Over the weekend, Congress and the administration continued intense negotiations on a  “phase three” COVID-19 package, the trillion-dollar Coronavirus Aid, Relief, and Economic Security (CARES) Act put forward by Senate Republicans late last week

  • On Sunday, Majority Leader McConnell unveiled a revised $2 trillion package, building upon the initial proposal and incorporating some changes advocated for by Democrats, including additional funding for hospitals and for unemployment insurance payments
    • Senate Republicans and Democrats also reached a bipartisan consensus on small business provisions totaling about $350 billion

  • Round-the-clock negotiations between Congressional leaders and the administration continue, but an agreement has not yet been reached
    • Congressional Democrats continue to push for additional changes, including more aid to hospitals and more restrictions on aid to corporations

  • Lacking a bipartisan agreement on the Senate proposal, House Speaker Pelosi (D-CA) continues efforts on House Democrats’ “phase three” response and plans to soon unveil the Take Responsibility for Workers and Families Act (rumored to total $2.5 trillion); see her preview here

  • We could see an agreement and / or more legislative text tonight, and will continue to monitor the situation

President’s Schedule Today

12:30PM The President had lunch with the Vice President

5:30PM Members of the Coronavirus Task Force held a press briefing


White House / Agency Activity

White House
 
Department of Homeland Security / Customs and Border Protection
 
Department of Defense
 
Department of Health and Human Services
 
United States Trade Representative
 
… in an effort to keep current on developments in our national fight against the coronavirus pandemic, USTR has opened a docket for members of the public, businesses, and government agencies to submit comments if they believe further modifications to the 301 tariffs may be necessary.  This comment process does not replace the current exclusion process and supplements that process.  Submissions are limited to comments on products subject to the tariff actions and relevant to the medical response to the coronavirus.

Federal Reserve
 
State / Local Activity

Given the plethora of state and local actions, we recommend MultiState’s COVID-19 Policy Tracker as a comprehensive tool to monitor the response

Kelley Drye Resources

COVID-19 “Essential Services” or “Critical Infrastructure” and Navigating Compliance with State Stay-at-Home Orders, March 21, 2020

90-Day Tax Extension Now Covers Filing of Federal Income Tax Returns Otherwise Due on April 15, 2020, But Questions Remain: Update, March 21, 2020

Practical Advice for the Real Estate Industry Affected by Coronavirus, March 23, 2020

COVID-19 and the Defense Production Act: What Does it Mean for Government Contractors and Suppliers?, March 19, 2020

Enacted: Families First Coronavirus Response Act covering recently-enacted paid leave provisions

Upcoming Webinar:

Families First Coronavirus Response Act is Enacted - Now What?
MARCH 24, 2020 AT 1:00PM EST

Is your company ready? Do you have questions about the new law? Join Kelley Drye’s Labor and Employment co-chairs Barbara Hoey and Mark Konkel and senior associate Diana Hamar as they take a deep dive in the new law and the circumstances under which paid sick leave and the expanded family leave will be available to employees, share practical advice and discuss potential hidden issues such as WARN.

CLICK HERE TO RSVP
 

Other:

Link to Last Wednesday's Update

Link to Last Thursday's Update

Link to Last Friday's Update