Launched less than two weeks ago, the Paycheck Protection Program managed through the Small Business Administration (SBA) has funded nearly $248 billion in more than one million loans to small businesses across the country. As of Monday, April 13, Mississippi banks have helped process a total of 14,209 loans valued at $1.9 billion to Mississippi […]

Governor Tate Reeves recently announced further efforts to support homeowners and first responders who are being stretched thin during the COVID-19 outbreak. Working with the Mississippi Home Corporation (MHC) and Mississippi Department of Human Services (MDHS), Governor Reeves is providing mortgage assistance for homeowners and emergency childcare for essential personnel and first responders to help […]

Today, Governor Tate Reeves announced that schools in Mississippi will remain closed for the rest of the school year to slow the spread of COVID-19. To ensure that Mississippi students’ education continues through the remainder of the school year, Governor Reeves is asking every school to submit distance learning plans to mitigate and enhance their […]

Congressional leaders are looking to allocate up to $250 billion more for the Small Business Administration’s Paycheck Protection Program this week, according to the American Bankers Association. Senate Majority Leader Mitch McConnell said he hopes to see more funding provided as soon as Thursday, using parliamentary procedures allowing the Senate to pass uncontroversial legislation. The […]

Governor Tate Reeves today issued a shelter-in-place order for the state of Mississippi through an executive order. The order goes into effect at 5:00 p.m. on Friday, April 3, and will remain in place until 8 a.m. on Monday, April 20. The Mississippi Economic Council and Mississippi Manufacturers Association have released a joint statement regarding […]

President Donald Trump has signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which provides $2 trillion of relief funds. The U.S. House passed the legislation early Friday afternoon. This is the third phase of federal relief for businesses, states, and individuals that passed the U.S. Senate late Wednesday evening. Among the provisions in […]

While Mississippi has not issued a statewide stay at home order, Gov. Tate Reeves has issued an executive order providing definitions of critical infrastructure and essential businesses. The defining essential businesses order provides guidance to local officials to ensure no essential services are closed. The order does not require providing your employees, contractors, or vendors […]

The 2020 Legislative session will remain suspended beyond April 1. On March 18, the Mississippi Legislature put its work on hold due the impact of COVID-19. The hope was to return on April 1, but the suspension resolution gave the Lt. Governor and Speaker the authority to make a determination if the return date needed […]

SBA Offers Disaster Assistance to Mississippi Small Businesses Economically Impacted by the Coronavirus Governor Tate Reeves announced disaster assistance for Mississippi small businesses and their employees impacted by the current outbreak of COVID-19. The U.S. Small Business Administration will offer low-interest federal disaster loans for working capital to Mississippi small businesses suffering substantial economic injury […]

MISSISSIPPI ECONOMIC COUNCIL STATEMENT REGARDING THE OFFICIAL FLAG OF THE STATE OF MISSISSIPPI The Mississippi Economic Council has a long-standing position that the state flag should be changed. The presence of the Confederate Battle Flag as a component of the 1894 flag is offensive to many, not representative of all Mississippians, and perpetuates negative stereotypes […]