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"COVID-19 Economic Relief Primer for the Ground Transportation Industry" details the recently passed federal economic aid packages and offers resources for applying for the various available loans.
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The stimulus includes more aid for small- to medium-sized businesses, with $320 billion added to the Paycheck Protection Program. Of that total, $60 billion is set aside for Small Business Administration loans.
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The Paycheck Protection Program and the Economic Injury Disaster Loan program ran out of money on Thursday. A relief package that could provide billions for each program may soon pass in the Senate.
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Gov. Phil Murphy signed A3904 into law. It obligates school districts and other educational entities to pay for contracted services that they would have received if schools had been open during a school closure of more than three days.
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New York school bus contractor leader Corey Muirhead details the dire situation school bus companies are in due to COVID-19-spurred school closures, and shares arguments against reasons some districts point to for not paying them.
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There is so much uncertainty as we live through this most unprecedented time, but this industry always rises up, goes above and beyond, and shows what it means to “bleed yellow.”
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Convening on April 7, this fleet-specific webinar will address how to access funds, loan forgiveness details, and provide up-to-the-minute federal guidance.
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Components of the stimulus package include one-time payments to individuals, tax incentives, and low-interest loans from the Small Business Administration.
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Senate Bill 751 confirms that schools are permitted to negotiate interim agreements or contract amendments to pay school bus contractors.
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The New York State Bus Distributors Association and the New York Association for Pupil Transportation appeal to Gov. Andrew Cuomo and the state Legislature for support during and after the pandemic to prevent greater financial hardship.
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