January 29, 2022

Volume XII, Number 29

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January 28, 2022

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January 27, 2022

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January 26, 2022

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Latest Coronavirus Relief Bill Signed Into Law Today

Today, the Paycheck Protection Program and Healthcare Enhancement Act (the Enhancement Act) was signed into law. The Enhancement Act increases amounts authorized and appropriated under the Coronavirus Aid, Relief, and Economic Security Act (Public Law 116–136) (the CARES Act).

The Enhancement Act provides an additional $310 billion for the Paycheck Protection Program (PPP) under section 7(a) of the Small Business Act, $50 billion for the Disaster Loan Program, and $10 billion for Emergency Economic Injury Disaster Loans (EIDL) Grants. $60 billion of the PPP funding will be set aside for loans made by smaller insured depository institutions and credit unions.

The Enhancement Act also appropriates an additional $75 billion in funding for the Public Health and Social Services Emergency Fund of the Department of Health and Human Services (the Relief Fund) for reimbursement to eligible health care providers for health care-related expenses or lost revenues that are attributable to the coronavirus, and appropriates $25 billion to the Relief Fund for necessary expenses to research, develop, validate, manufacture, purchase, administer, and expand capacity for COVID-19 tests.

© 2022 Jones Walker LLPNational Law Review, Volume X, Number 115
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About this Author

Elisabeth LeBlanc, comparative law, corporate, securities, New Orleans, Louisiana, Jones Walker,
Associate

Elisabeth LeBlanc is an associate in the firm’s Corporate & Securities Practice Group in New Orleans. Elisabeth is a 2016 graduate of the Paul M. Hebert Law Center at Louisiana State University where she received her juris doctor degree and a Diploma in Comparative Law, cum laude. During law school, she served as a Judicial Extern to Judge Fredericka Homberg Wicker at the Louisiana Fifth Circuit Court of Appeal. She was also a Law Clerk at a prominent New Orleans litigation firm. Prior to law school, she received her Bachelor of Arts in Anthropology, cum...

504-582-8858
R.Christian Johnsen, Jones Walker Law Firm, Government Relations Attorney
Partner

A partner in the firm's Government Relations Practice Group and a member of its board of directors, Chris Johnsen received his Bachelor of Science in Commerce from the University of Virginia in 1982, and his juris doctor degree, cum laude, from Tulane University Law School in 1985. He was admitted to practice in Louisiana later that year, and has worked continuously with Jones Walker since completing his law degree.

Since opening the firm's Washington, D.C. office in 1990 and being admitted to the District of Columbia Bar in 1991, Mr....

202-203-1012
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