Business Bulletin – August 19, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber publishes updates as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

August 19, 2020

FEDERAL

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REGIONAL/LOCAL

Business Bulletin – August 10, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber publishes updates as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

August 10, 2020

FEDERAL

  • President Donald Trump has signed executive orders to extend economic relief after lawmakers were unable to reach an agreement on a new stimulus package.  The orders include extending enhanced unemployment benefits and the federal eviction moratorium, imposing a payroll tax holiday and further suspending federal student loan payments.

STATE

REGIONAL/LOCAL

Business Bulletin – August 3, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber publishes updates as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

August 3, 2020

FEDERAL

  • Congress continues to negotiate over the next Coronavirus Relief bill, as the extra $600 a week in unemployment insurance expires.  Republicans and Democrats are at odds over the continuation of those payments and their size, as well as assistance to local governments to prevent mass layoffs and more.

STATE

  • A small bright spot:  Texas sales tax exceeded expectations in July, with numbers showing a 4.3% increase over July 2019 collections.  The Texas Comptroller has warned the legislature to expect a significant budget shortfall when they reconvene in January.
  • TEA advised school districts, following a letter of guidance from AG Ken Paxton, that a local public health official may not direct the closure of schools as a preemptive measure but only in response to a flareup or identified COVID cases.  State leadership also indicated that AG Paxton’s letter clarified that local school districts must be involved in the decisions of when to open and close schools.

Business Bulletin – July 14, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

July 14, 2020

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REGIONAL/LOCAL

  • Plano ISD released a draft plan for starting classes this fall.  The plan includes a number of new safety protocols, including face masks and health screenings.  While the district will be holding in-person instruction for those that choose to return, they will also offer a virtual option for students who do not.  Families have until July 16th to choose whether they will continue virtual learning or return to campuses.

Business Bulletin – July 6, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

July 6, 2020

FEDERAL

 

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REGIONAL/LOCAL

Business Bulletin – June 29, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

June 29, 2020

FEDERAL

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REGIONAL/LOCAL

Business Bulletin – June 22, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

June 22, 2020

FEDERAL

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STATE

  • Governor Abbott held a press conference today to address the rapid rise in Coronavirus cases underway in Texas.  The Governor detailed the State’s actions to combat the spread, including surge response teams to hotspot areas and he heavily stressed the need for all Texans to wear protective face coverings when out in the public.  The Governor also stressed the need for Texans to adhere to the social distancing guidelines, stating that ‘closing down Texas again will be the last option.’

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REGIONAL/LOCAL

Business Bulletin – June 18, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

June 18, 2020

FEDERAL

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STATE

  • Texas Education Commissioner Morath announced that schools can re-open in the fall. Guidelines for reopening during the coronavirus pandemic are expected to be released Tuesday, June 23rd.
  • Texas Workforce Commission will reinstate work search requirements for Unemployment Insurance beginning July 6th.
  • Runoffs for the Democratic candidate State Representative of District 67 will be held Tuesday, July 14th. Early voting begins Monday, June 29th and continues through Friday, July 10th. Today, Monday, June 15th is the last day to register to vote. Not sure if you’re registered? You can check on the Texas Secretary of State’s website.

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REGIONAL/LOCAL

Business Bulletin – June 11, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

June 11, 2020

FEDERAL

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STATE

  • Statewide sales tax revenues are falling and unemployment rates are rising. The economic impact from the pandemic is expected to create a multi-billion dollar shortfall in the state’s current two-year budget, according the Texas Comptroller Glenn Hegar.
  • Runoffs for the Democratic candidate State Representative of District 67 will be held Tuesday, July 14th. Early voting begins Monday, June 29th and continues through Friday, July 10th. If you are not already registered, Monday, June 15th is the last day to register to vote. Not sure if you’re registered? You can check on the Texas Secretary of State’s website.

 

Business Bulletin – June 8, 2020

In order to keep you informed on the evolving impact of COVID-19 on our local community, the Plano Chamber will be publishing updates on Mondays and Thursdays as the Business Bulletin. We will share the top news items that you need to read to stay up-to-date on important health, community, and business issues as they develop.

June 8, 2020

FEDERAL

  • The current economic downturn has been officially titled a recession by the National Bureau of Economic Research.  Economic activity began to backslide in February as a result of the coronavirus and has only recently show positive signs of improvement with the jobs numbers released for May.  The report noted that it is still possible the recession could be short lived, with some forecasters indicating they expect economic output to begin growing again in the third quarter of 2020.
  • The White House is waiting to see if the next jobs report shows similar booming recovery before determining what the Phase 4 Coronavirus Relief package may include.  May’s job report was the single biggest month-to-month job gains ever for the U.S.  The Labor Department reported Friday that nonfarm payrolls in May rose by 2.5 million and the unemployment rate fell to 13.3%, shocking economists who anticipated that more than 8 million additional jobs had been shed.

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STATE

  • Governor Abbott announced on June 3rd that the State of Texas is entering Phase III of reopening, effective immediately.  Highlights include:
    • Virtually all businesses can increase capacity to 50%;
    • Restaurants can increase their table size from 6 to 10 people and increase capacity to 75% starting June 12;
    • Professional and college outdoor sports can increase to 50% capacity in their stadiums; and
    • Bars can increase capacity to 50% so long as customers remain seated.

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