04/15/2020
Governor Abbott is launching a small business webinar series to provide Texas small business owners and entrepreneurs with timely, relevant and actionable information on COVID-19 recovery resources, such as the Paycheck Protection Program, EIDL Loan Advances, SBA Express Bridge Loans, and SBA Debt Relief. If you can't tune in for today's event, please check for the dates of future webinars in this series here: gov.texas.gov/business/events
The Governor’s Small Business Webinar Series: Central Texas
The Governor’s Small Business Webinar Series will provide Texas small business owners and entrepreneurs with timely, relevant, actionable information on the COVID-19 recovery resources such as:
04/14/2020
The coronavirus pandemic is creating unique challenges for rural areas across the country, including communities throughout the 4th District of Texas. This week, the USDA released a COVID-19 Federal Rural Resource Guide to help address the special needs of people in our nation's rural communities, which is available at the link below.
www.rd.usda.gov
04/13/2020
Today the IRS launched a new web portal where non-filers who are eligible to receive economic impact payments can submit their payment info to ensure they receive their payments. This portal should only be used by:
1) People who did not file a 2018 or 2019 federal income tax return because their gross income was under $12,200 or $24,400 for married couples. This includes people who had no income.
2) People who weren’t required to file a 2018 or 2019 federal income tax return for other reasons.
Please note that most people eligible for economic impact payments will receive them automatically.
Non-Filers: Enter Payment Info Here | Internal Revenue Service
Steps to receive the Economic Impact Payment if you haven't filed a tax return for 2018 or 2019, and aren't receiving Social Security, SS Disability Income or Railroad Retirement benefits. This payment is also referred to as "stimulus checks" or "coronavirus relief."
04/09/2020
The Treasury and SBA have released new guidance to address borrower and lender questions about the implementation of the Paycheck Protection Program. For new FAQs and futures updates, please visit For more information and updates, visit Treasury.gov/CARES or SBA.gov/PayCheckProtection.
How the Treasury Department is Taking Action | U.S. Department of the Treasury
About Treasury General Information Role of the Treasury The Secretary Officials Organizational Chart Orders and Directives Offices Domestic Finance Economic Policy General Counsel International Affairs Management Tax Policy Terrorism and Financial Intelligence Inspectors General Bureaus Alcohol and....
04/03/2020
The Small Business Administration is offering multiple funding options for small business owners seeking relief from the economic impact of coronavirus. Please find more information on how to participate in the Paycheck Protection Program or apply for an Economic Injury Disaster Loan at the link below.
Coronavirus Relief Options
We’re here to help you overcome the challenges created by this health crisis. We offer multiple funding options for those seeking relief. Read more below.
04/01/2020
Distribution of the economic impact payments, which were included in the CARES Act that was signed into law last week, will begin in the next three weeks. For the most part, these payments will be distributed automatically. However, some seniors and others who don't typically file returns will need to submit a simple tax return to receive their stimulus payment. More details are available at the link below.
Economic impact payments: What you need to know | Internal Revenue Service
IR-2020-61, March 30, 2020 — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people.
03/27/2020
As the American people do their part to stop the spread coronavirus, they’ve made enormous personal sacrifices on behalf of the entire country’s health and safety. Over the past few weeks, this deadly pandemic has taken over 1,000 lives in the United States and infected tens of thousands more, with a negative ripple effect plaguing nearly every family and individual to some degree.
During this time, I’ve heard from business owners in Northeast Texas who are worried about how they’ll pay their employees and the possibility of being forced to close up shop for good. I’ve heard from mothers and fathers who are unable to bring paychecks home to feed their children. I’ve heard from health care providers who are struggling to gain access to the medical equipment they need to treat the patients exposed to this highly infectious disease. They asked for their elected representative to step up to the plate and help.
It’s no secret that I don’t ordinarily support sweeping legislative packages that cost trillions of dollars. But this pandemic presents us with dire and sweeping circumstances on a level I hope we’ll never have to face again in our lifetime. Due to the gravity of situation that the coronavirus pandemic has placed us in, I support the Coronavirus, Aid, Relief, and Economic Security Act that passed today. While this bill is certainly far from perfect, it contains critical relief for the people I represent in Northeast Texas and throughout the country, which will help ensure we successfully defeat this invisible enemy in the days, weeks and months ahead.
I’m grateful this critical legislation is finally headed to President Trump’s desk. Let’s get the American people the relief they need, as we continue fighting this battle together.
Rep. Ratcliffe statement on House passage of Coronavirus Aid, Relief, and Economic Security Act
Rep. John Ratcliffe (R-Texas) released the following statement today on the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in the U.S. House of Representatives. The bill previously passed the U.S. Senate 96-0 and is on its way to President Trump’s desk.
03/24/2020
Due to widespread speculation surrounding coronavirus, the Federal Emergency Management Administration has compiled resources to dispel rumors and misinformation.
Please share this official webpage with friends or family members who have questions about coronavirus: https://www.fema.gov/coronavirus-rumor-control.
03/23/2020
To provide relief for families suffering financial hardship during the coronavirus pandemic, the IRS has changed the due date for 2019 federal income tax returns from April 15, 2020 to July 15, 2020. For more information, please visit https://www.irs.gov/coronavirus.
03/20/2020
Governor Abbott just announced that the U.S. Small Business Administration (SBA) has granted his request to include the entire state of Texas in its Economic Injury Disaster Declaration. If you are a small business owner suffering substantial economic injury as a result of the Coronavirus (COVID-19), please visit the SBA’s website to apply for long-term, low-interest loans through the Economic Injury Disaster Loan (EIDL) program:
Coronavirus (COVID-19)
SBA Disaster Assistance in Response to the Coronavirus
03/19/2020
As our nation continues to address the coronavirus outbreak, my staff and I are remaining actively engaged with federal and state entities regarding the latest updates available to constituents of the 4th District of Texas. Please visit the Coronavirus Resources page of my website for detailed information about symptoms and testing, tax relief, small business loans, veterans resources, personal protective equipment for healthcare providers, and more: https://ratcliffe.house.gov/services/resources/coronavirus-resources.htm.