COVID-19 Update 04/30/2020
- The NCAA board said it supports a rule change that will allow student-athletes to profit from their name, image, and likeness, so long as the college or university they attend does not pay them directly.
- Athletics will not be able to use their schools or conference logo in their promotional materials and a university or college could not pay the athletes directly for using their name, image, or likeness.
- The board’s recommendations are not final and will now go to the different leagues to decide.
- The Fed today made the announcement that it plans to adjust its $600 billion lending program based on public comments and that it is also considering a separate program for non-profit organizations. Currently, nonprofits are not eligible for the Main Street lending program.
- The new change will allow firms up to 15,000 staff or up to $5 billion in annual revenue are now eligible to apply for the program. Minimum loan sizes were reduced and maximum loan sizes were increased. All of the money will be loans and not grants.
- The Fed has not announced a start date yet.
- The Trump administration is planning to send a seven-day supply of PPE to over 15,400 nursing homes that are being coordinated by FEMA.
- Nursing homes do not normally have as much specialized medical equipment on hand as hospitals, but they have been hit extremely hard by the pandemic. In the U.S. over 10,000 residents and staff in long-term care facilities have passed away.
- FEMA will ship gear to nursing homes based on their staffing levels, according to an agency document from late last week. The first deliveries will target metro areas hit hard by the coronavirus, such as New York City, northern New Jersey, Boston, Chicago, and Detroit.
- House Democrats are pushing for an $86 billion broadband expansion to be included in the next Cares package arguing that if the coronavirus pandemic stretches into next fall, students without internet access risk being left behind if schools remain closed.
- Minority Leader Kevin McCarthy has signaled his support for broadband to be included.
- Since the pandemic began spreading in the U.S., House Democrats have tried to recycle all or parts of their Jan. 29 infrastructure framework as part of COVID-19 relief efforts.
Covid-19 Update: 45,763 total COVID-19 cases and 2,292 deaths. 175,602 people have tested negative.
- Today, Republicans in the state legislature have subpoenaed the Wolf administration for documents related to its coronavirus waiver process.
- The Gov and Department of Community and Economic Development Secretary Dennis Davin have until May 8th to produce the documents.
- Auditor General Eugene DePasquale will also be doing an audit of the waiver process.
- Gov. Wolf has directed some state agencies to rescind grant money previously awarded to arts groups. This freeze affects more than 80 grants amounting to about $1.7 million.
- U.S. Senator Bob Casey supports a proposal to provide state and local governments with $500 billion to help them balance their budgets during this pandemic.
- U.S. Senator Pat Toomey however, wants to “see what’s working and what our needs really are” before moving to the next phase of coronavirus legislation.
COVID-19 update: 14,468 cases and 607 deaths.
- Today, Mayor Kenney made the announcement that he wants to increase Philadelphia’s property tax rate to fund the city’s schools and hike the parking tax and wage tax rate for nonresident workers to fill an estimated $649 million budget gap caused by the coronavirus pandemic.
- The Mayor is also implementing a hiring freeze and salary reductions for nonunion employees. There will be no layoffs in the fire or police department, but a new proposal to launch a scholarship for community college students will be delayed and reduced.
- City Council will have the power to make changes to the budget before it needs to be approved by July 1st.
- Today, Councilmember Kendra Brooks announced the Public Health Emergency Leave Bill that would increase the amount of paid sick leave available for workers.
- The federal Families First bill left out a large portion of employees who qualify for sick leave. Under current federal law, operating businesses with more than 500 or fewer than 50 workers are not required to provide paid sick time.
- Councilmember Brooks’ bill would address these shortcomings that would expand the paid sick leave.
Good News of the Day
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