The CARES Act contains several provisions related to education. The U.S. Education Department (USED) will receive $30.9 billion total, of which $30.75 billion will go directly to states, local school districts, and institutions of higher education “to help schools, students, teachers, and families with immediate needs related to coronavirus.” Those funds are as follows:

$3

The COVID-19/coronavirus pandemic continues to challenge both companies and governments as they navigate response and relief efforts. Throughout the week, we have continued to update some of the resources we have assembled to detail how both federal and state governments are responding to the outbreak.

The Latest

Early yesterday morning, Senate Majority Leader Mitch McConnell

On March 25, 2020, the Senate passed a $2 trillion economic stimulus bill, the Coronavirus Aid Relief and Economic Security Act (CARES Act). The House is expected to pass the bill on Friday.

Visit the McGuireWoods Consulting website for a full summary of the major business provisions in the bill, including:

  • Direct Financial Support
  • Tax

The McGuireWoods Consulting Emerging Technologies team hopes that this week’s newsletter finds you and your family well during these unusual and difficult times. The COVID-19/coronavirus outbreak presents unprecedented challenges to companies worldwide. Throughout the week, the team has been providing updates and analysis of government responses to the outbreak, both at the federal and state

The coronavirus is impacting us all, both at home and at work. Given the fluid nature of information flowing at both the federal and state levels, McGuireWoods Consulting  is intent on providing our education clients minute-by-minute information to help make timely business decisions.

Federal Update on Education Policy

As it relates to education, the administration

McGuireWoods Consulting has compiled a comprehensive list of facts and resources coming from the federal government in response to COVID-19 as it pertains to employers and businesses across industry sectors. Members of MWC’s federal public affairs team are closely following developments on Capitol Hill, and we will update information as news and insights become available.

Coronavirus Response

Late last night, after the President addressed the nation from the Oval Office, House Democrats unveiled legislation to respond to the coronavirus outbreak. House Democratic leadership was scheduled to bring the bill to the floor this morning, but Speaker Pelosi (D-CA) is continuing to negotiate with the administration through Treasury Secretary Steve Mnuchin.

This week in Washington: CMS develops additional code for coronavirus lab tests, announces actions to address spread of coronavirus; House passes bill to ban e-cigarette flavors; Grassley says updated Senate Finance drug pricing bill saves $80 billion.

House

House Passes Bill to Ban E-Cigarette Flavors, Expand Tobacco User Fees
On Feb. 28, the House passed

FY21 Budget

Senior administration officials will continue to make the rounds on Capitol Hill next week to answer questions from lawmakers on the FY21 budget. The FY21 National Defense Authorization Act (NDAA) process is also moving forward, with the House Armed Services Committee looking towards a late April markup. The Senate will also continue consideration

American Energy Innovation Act

The House and Senate were both in session this week. The Senate took up S.2657, the American Energy Innovation Act (AEIA), a package of more than 50 energy-related bills reported by the Senate Energy and Natural Resources Committee in 2019. On Wednesday, the Senate Judiciary Subcommittee on Crime and Terrorism held