On June 29, 2022, Governor Newsom signed Senate Bill 54, the Plastic Pollution Prevention and Packaging Producer Responsibility Act (the “Act”).  The Act is designed to phase out single-use plastics in the state and is the country’s most comprehensive extended producer responsibility bill. The Act passed 67-2 in the State Assembly and 29-7 in the Senate.

The Act requires that by Jan. 1, 2028, at least 30% of plastic items sold, distributed or imported into the state be recyclable. By 2032, that number goes up to 65%. The Act also calls for a 25% reduction in single-use plastic waste ...

The Federal Trade Commission (“FTC”) continued a flurry of activity to put companies on notice of future enforcement activities and safeguard consumer financial information. All businesses that advertise to consumers and that have an online presence should be aware of the FTC’s initiatives.

False Money-Making Claims

On October 26, 2021, the FTC sent a Notice of Penalty Offenses Containing Money-Making Opportunities and Endorsements and Testimonials (the “Notice”) to over 1,100 companies. These companies encompass a wide variety of industries and cover ...

Our previous articles have summarized the Paycheck Protection Program (“PPP”) created under the Federal CARES Act: CARES Act: Paycheck Protection Program Loans, CARES Act: Loan Applications, CARES Act: Loan Forgiveness Applications and Consolidated Appropriations Act: Additional Paycheck Protection Program Loans.

This post provides information regarding California Assembly Bill No. 80 (the “Bill”), which conforms California tax law to Federal tax law on PPP loans.

The Bill received bi-partisan support, passing the California Assembly with a vote of 75-0 and ...

Our previous articles have summarized the Paycheck Protection Program (“PPP”) created under the Federal CARES Act: CARES Act: Paycheck Protection Program Loans, CARES Act: Loan Applications, and CARES Act: Loan Forgiveness Applications. 

This client alert provides information regarding the additional funding and guidelines for the PPP created by the new Consolidated Appropriations Act of 2021 (the “2021 Act”). Given this subject’s urgency and the complexity of the 2021 Act, this is simply a short summary to provide you a starting point for exploring relief that may ...

Our previous articles summarized the new Paycheck Protection Program (“PPP”) created under the Federal CARES Act: CARES Act: Loan Applications and CARES Act: Paycheck Protection Program Loans

This client alert provides new information regarding a key aspect of the PPP program, namely the criteria which must be met to have repayment of all or part of a PPP loan forgiven. This is simply a summary of some key points, so check with your attorney at ECJ for the critical details governing PPP loan forgiveness.

The Treasury Department has published an application form for loan ...

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law, and it includes significant relief provisions for small businesses. Our previous articles summarized the new Paycheck Protection Program (“PPP”) and the expansion of the Economic Injury Disaster Loan (“EIDL”) Program. 

This client alert provides new information regarding PPP loan and EIDL applications. Given this subject’s urgency and the complexity of the CARES Act, this is simply a short summary to provide you a starting point for exploring relief which ...

On March 6, 2020, Congress passed an act deeming the COVID-19 pandemic a disaster eligible for the SBA’s Economic Injury Disaster Loan (“EIDL”) Program.  On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law, providing significant relief provisions for small businesses, including user-friendly modifications to the EIDL Program.   

This client alert briefly summarizes certain provisions which greatly expand, for the period between January 31 and December 31, 2020 (the “Covered Period”), the number of ...

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), signed into law on March 27, 2020, provides significant relief provisions for small businesses. This client alert briefly summarizes certain provisions of a newly-created loan program—the “Paycheck Protection Program”—which may help your business weather this storm. Given this subject’s urgency and the complexity of the Act, this is simply a short summary to provide you a starting point for exploring relief which may be available to you. Check with your attorney at ECJ for the critical details ...