Nov 3, 2021 | Firm Overview Articles, Nonprofit & Charitable Organizations Law News
In 2021, Nebraska enacted LB 521, which creates a potential pitfall for Nebraska non-profits. Under Nebraska law, an organization seeking tax-exempt status for its real or personal property must apply for an exemption with the County Assessor on or before December 31... read more
Jun 7, 2021 | Firm Overview Articles, Business & Corporate Law News, Nonprofit & Charitable Organizations Law News
The purpose of the Shovel-Ready Capital Recovery and Investment Act (“Act”) is to assist qualified nonprofit organizations with capital projects that have been delayed due to COVID-19 by providing grants to said organizations. Beginning July 1, 2021,... read more
Jan 7, 2021 | Firm Overview Articles, Business & Corporate Law News, Nonprofit & Charitable Organizations Law News
Title III of Division N of the Consolidated Appropriations Act, 2021 appropriates $15 billion in grants for “Shuttered Venue Operators.” The Small Business Administration (SBA) is tasked with providing grants (Hard Hit Grants) under the Economic Aid to Hard-Hit Small... read more
Oct 21, 2020 | Firm Overview Articles, Business & Corporate Law News, Energy & Renewable Energy Law News, Nonprofit & Charitable Organizations Law News
Governor Pete Ricketts announced a new package of pandemic relief grants available to Nebraska businesses, charities, livestock producers, public healthcare providers, hospitality industries, and others. The relief package includes: (1) grants first made available... read more
Jul 28, 2020 | Firm Overview Articles, Business & Corporate Law News, Nonprofit & Charitable Organizations Law News
The Federal Reserve has released Frequently Asked Questions (FAQs) on the Main Street Lending Program’s expansion to support greater access for nonprofit organizations. Key highlights include: Main Street loans are not forgivable but may be reduced in the event... read more
Jul 20, 2020 | Firm Overview Articles, Nonprofit & Charitable Organizations Law News
On Friday, the Federal Reserve announced two new loan options under the Main Street Lending Program. The options make loans available to accommodate a wider range of nonprofit organizations that are ineligible for Paycheck Protection Program loans. The minimum... read more
