Economic Stimulus Information

Information related to the American Recovery and Reinvestment Act of 2009 (ARRA) and the government’s responses to the economy will be posted here. Please check back often as it will be updated as soon as information becomes available.  Please note you will be leaving the KSBDC site and going to sites that the KSBDC does not control.

Government Sources

FinancialStability.gov - Outlines plan announced by Treasury Secretary Geithner

Federal Reserve

IRS Information Related to the American Recovery and Reinvestment Act of 2009

Kentucky at Work – Commonwealth’s implementation of the American Recovery and Reinvestment Act (ARRA)

Proposed Kentucky Stimulus Projects

Recovery.gov - Explains the recovery act and will provide transparency to the plan

WhiteHouse.gov – Information on President Barack Obama’s adminstration and his agenda

Publications/Resources

CCH Tax Briefing: American Recovery and Reinvestment Act of 2009

Economic Report of the President (January 2009)

FAQs by Small Business Owners about ARRA

Kentucky at Work Program Fact Sheet

Important Changes to COBRA & I-9 (HR Affiliates)

SBA Disaster Loan Fact Sheet

Latest News

Recovery.gov

U.S. Department of Treasury

Governor Steve Beshear

SBA Lending News (Coleman Publishing)

Media

Recovery Act Expands SBA Microloan Program (8-19-09) – U.S. Small Business Administration

Recovery Act Changes to SBIC Program Mean Increased Funding Available for Small Businesses (7-10-09)- U.S. Small Business Administration

SBA’s New Pilot Loan Program for Dealer Floor Financing Begins Today (7-1-09) – U.S. Small Business Administration

American Recovery and Reinvestment Act of 2009 Provides Energy Incentives for Businesses (6-29-09) – Internal Revenue Service

Changes to SBA 504 Program will Allow Businesses to Refinance Existing Debt, Expand, Create new Jobs (6-24-09) – U.S. Small Business Administration

Small Businesses Can Begin Applying for ARC Loans Today (6-15-09) – U.S. Small Business Administration

SBA will Offer Floor Plan Financing to Auto, RV, Other Dealerships Beginning July 1 (5-28-09) – U.S. Small Business Administration

SBA Launches New 100-Percent Guarantee ARC Loan Program to Help Struggling Businesses (5-18-09) – U.S. Small Business Administration

SBA Expands Eligibility for 7(a) Loans To Spur Recovery Opportunities for Small Businesses (5-1-09) – U.S. Small Business Administration

Four Questions about the Financial Questions (4-14-09) – Speech by Federal Reserve Chairman Ben Bernake

Recovery Act more than Doubles Surety Bond Guarantee Ceiling for Small Business (3-27-09) – U.S. Small Business Adminstration

Unlocking Small Business Credit Press Release (3/16/09) – U.S. Department of Treasury

Statement from SBA Acting Administrator on Recovery Efforts (3/16/09) – U.S. Small Business Administration

Policy Notice Regarding Fee Elimination (3/16/09) – U.S. Small Business Administration

Policy Notice Regarding SBA’s 7(a) Loans (3/16/09) – U.S. Small Business Administration

Scam Alert!  There are no Obama Stimulus Checks or Grants (3/2/09) – SBDCNet

Economic Recovery Plan: The Good, the Bad and the Ugly for Small Business – Buzgate