COVID-19 Entertainment Industry Resources
The COVID-19 virus continues to impact all of our businesses, our employees, and the way we live our daily lives in ways we could have never imagined. From our review of the recently enacted CARES Act, we believe the Employee Retention Credit (ERC) and the Paycheck Protection Plan (PPP) are the most relevant aspects of the Act to our clients. In the coming days, Cast & Crew will be sending additional information on how you can leverage these programs. In the meantime, we have compiled a list of resources that provide insight on the CARES Act, loan and business support programs, as well as important information for employers. We hope you find them useful.
CARES Act Information
The CARES Act can help fund your business during the COVID-19 crisis as well as provide additional financial help to employees impacted by permanent or temporary layoffs and hours reductions. For general information on the CARES Act visit:
https://www.govtrack.us/congress/bills/116/s3548
https://www.sbc.senate.gov/public/index.cfm/guide-to-the-cares-act
For additional information on the CARES Act, the following government agencies can offer guidance:
U.S. Chamber of Commerce | Coronavirus
https://www.uschamber.com/coronavirus
Regularly updated resources and guidance on the potential impacts of the virus on your business and assistance in navigating new Federal assistance measures.
https://www.uschamber.com/report/covid-19-emergency-loans-small-business-guide
Assistance understanding and navigating the new emergency loans including the Paycheck Protection Program and the expansion of the Economic Injury Disaster Loan program.
https://www.uschamber.com/report/guide-sbas-economic-injury-disaster-loans
Information on the EIDL program created to assist businesses, renters and homeowners located in regions affected by declared disasters.
U.S. Department of the Treasury | CARES Act & Assistance for Small Businesses
https://home.treasury.gov/policy-issues/top-priorities/cares-act
Provides an overview of the CARES Act and links to further guidance on how this Act may apply to you or your company.
https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses
Provides an overview of how this Act may assist your small business including information on the Paycheck Protection Program.
Small Business Administration
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
Complete overview of the programs available under the SBA to assist your business, including loan application materials.
https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp
Paycheck Protection Program (PPP) provides SBA loans that help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
https://www.sba.gov/disaster-assistance/coronavirus-covid-19
The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans (Economic Injury Disaster Loans) for working capital to businesses impacted by Coronavirus (COVID-19).
Resources for Employees & Employers
- New interim OSHA guidance
https://www.osha.gov/memos/2020-05-19/revised-enforcement-guidance-recording-cases-coronavirus-disease-2019-covid-19 - OSHA | General COVID-19 Information
https://www.osha.gov/Publications/OSHA3990.pdf
- Cal/OSHA COVID-19 Guidance
https://www.dir.ca.gov/dosh/coronavirus/Health-Care-General-Industry.html - Comprehensive California employer and employee resources for information from the California Labor & Workforce Development Agency
https://www.labor.ca.gov/coronavirus2019/
- CDC | COVID-19 Guidance
https://www.cdc.gov/coronavirus/2019-ncov/community/guidance-business-response.html - Comprehensive California employer and employee resources for information from the California Labor & Workforce Development Agency
https://www.labor.ca.gov/coronavirus2019/
- U.S. Department of Labor has resources to help guide workers and employers
https://www.dol.gov/coronavirus - Comprehensive California employer and employee resources for information from the California Labor & Workforce Development Agency
https://www.labor.ca.gov/coronavirus2019/
Unemployment Links
- California Employment Development Department (EDD)
https://www.edd.ca.gov/about_edd/coronavirus-2019.htm - Georgia Department of Labor
https://dol.georgia.gov/gdol-covid-19-information - New Mexico Department of Workforce Solutions | Fact Sheet
https://www.dws.state.nm.us/Portals/0/DM/UI/COVID-19%20UI%20Fact%20Sheet.pdf - New York State Department of Labor
https://labor.ny.gov/unemploymentassistance.shtm - New York City Mayor's Office of Media & Entertainment
www1.nyc.gov/site/mome/index.page
U.S. Department of Labor
The following links contain information regarding the rights of employees and the obligations of employers during the coronavirus pandemic:
- Family and Medical Leave Act
https://www.dol.gov/agencies/whd/fmla/pandemic - Families First Coronavirus Response Act – Emergency Paid Leave and Paid Sick Time
https://www.dol.gov/agencies/whd/pandemic
Employee Retention Credit
- The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on.
https://www.irs.gov/newsroom/irs-employee-retention-credit-available-for-many-businesses-financially-impacted-by-covid-19 - The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is designed to encourage Eligible Employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19, with an employee retention tax credit (Employee Retention Credit).
Local Government Loan Programs
- Los Angeles City Small Business Emergency Microloan Program
https://ewddlacity.com/index.php/microloan-program - New York City Assistance & Guidance for Businesses Impacted Due to Novel Coronavirus
https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page - PGA | Producers Guild Creates Relief Fund During Crisis
https://www.producersguild.org/news/496988/Producers-Guild-Creates-Relief-Fund-During-Crisis.htm
The preceding information is provided for informational purposes only, should not be construed as or relied upon as legal advice and is subject to change without notice. If you have questions concerning particular situations, specific payroll administration or labor relations issues, please contact your counsel.