Commercial landlords will get a tax break on building upgrades under the $2-trillion stimulus package awaiting final approval by the U.S. House of Representatives.
A prominent area bank is launching its own, $5 million small business fund to compliment state and federal efforts aimed at keeping these businesses from going under.
Gov. Charlie Baker said in a Thursday afternoon press conference that local officials had to be satisfied they had the capacity to enforce safe work sites before they could lift construction freezes.
Banks that became subject to CECL this year can delay implementing the standard for two years following an interim final rule issued by federal bank regulators on March 27.
Acting swiftly in an extraordinary time, the House rushed President Donald Trump a $2.2 trillion rescue package Friday, tossing a life preserver to a U.S. economy and health care system left flailing by the coronavirus pandemic.
Banks gave back to their communities in substantial ways in recent weeks.
In the face of surging coronavirus cases in New York City and elsewhere around the world, Gov. Charlie Baker is asking all visitors to Massachusetts and all travelers returning to the state to self-quarantine for 14 days.
Public construction projects statewide will be brought to a temporary halt Friday while contractors review site-specific issues, develop mitigation strategies and communicate to workers about new state guidelines for construction work during the coronavirus pandemic.
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