Download Client Alert: Shumaker Advisors Florida Coronavirus Update
Shumaker Advisors Florida is focused on keeping you up to date on valuable information relating to COVID-19. We are monitoring the local, state, and federal activities as they are changing quickly. We are here to help you navigate this crisis and to address any questions or concerns you have. Please reach out to us if we can be of any service. If you have questions about this report or anything related to the Coronavirus crisis, Shumaker has established a hotline to assist its clients.
CALL OUR 24/7 SHUMAKER COVID-19 LEGAL AND LEGISLATIVE HELPLINE AT 1.800.427.1493. For the most up-to-date legal and legislative changes, please visit our Shumaker COVID-19 Client Resource Center as well.
https://www.shumaker.com/client-resource-center
WHAT TO KNOW NOW:
Florida COVID-19 Update
Monday, March 23, 2020
Coronavirus in Florida by the numbers:
1,007 total cases in Florida
13 Floridians have died
State figures show more than 9.700 people have tested for the virus
Closures and Essential Worker & Business Guidance Information:
All county beaches and public beach parking closed at 11:59 p.m. Friday, March 20, 2020 and plan to stay
closed until April 4, 2020.
Last week, Governor Ron DeSantis issued an Executive Order that directed all restaurants and food establishments in the state to suspend on premise food and alcohol for consumption. Many are offering pick up and some delivery. Please continue to support local businesses when you can. Additionally, gyms and fitness centers were ordered closed throughout the state.
Florida has not yet issued a shelter in place, nor has Florida indicated that only essential businesses will remain open. Ohio joined New York, California, New Jersey, Kentucky, Louisiana, Pennsylvania, Illinois, and a few other states to establish versions of ‘shelter in place’ for citizens. Many states are beginning to outline guidance for essential business. Shumaker Advisors is tracking guidelines for essential businesses so we can best support clients. Feel free to call us with questions. The Department of Homeland Security defines 14 employment categories as Essential Critical Infrastructure. Those include:
- Health care and public health workers
- Law enforcement, public safety, and first responders
- Food and agriculture workers
- Energy employees
- Water and waste management
- Transportation and logistics
- Public works
- Communications and information technology
- Other communication-based government operations and essential functions
- Critical manufacturing
- Hazardous materials
- Chemical workers
- Defense industrial base
- Financial services
During certain situations, the federal government provides a list of essential business that may remain open. States utilize these guidelines. The following link provides an example of essential businesses provided by the state of Pennsylvania. These may vary by state. View the list of essential businesses that may remain open here.
Federal Reserve Changes as of Today – (Source: CNBC)
The following emergency steps have been announced
today:
$300 billion in lending program backed by the Treasury
Will purchase finance corporate bonds, asset-backed securities, municipal bonds
Will purchase commercial mortgage backed securities
Main Street Lending program- The Federal Reserve expects to announce soon the establishment of a Main Street Business
Lending Program to support lending to eligible small and medium sized business
Additional sites for your use can be viewed here.
Governor DeSantis Recent Executive Orders can be viewed here.
If you or a loved one thinks you are ill, please follow this link here.
Please reach out to us individually should you need anything.
Ronald A. Christaldi, Partner, Management Committee
Member, President/CEO Shumaker Advisors Florida, LLC
rchristaldi@shumaker.com | 813.221.7152
Amy Maguire, Principal, Shumaker Advisors Florida, LLC
amaguire@shumakeradvisors.com | 813.676.7279
Congressman David Jolly, Executive Vice President & Principal, Shumaker Advisors Florida, LLC
djolly@shumakeradvisors.com | 813.676.7277
Carlye Morgan, Principal, Shumaker Advisors Florida, LLC
cmorgan@shumakeradvisors.com | 813.676.7222
Patrick Baskette, Principal, Shumaker Advisors Florida, LLC
pbaskette@shumakeradvisors.com | 202.744.1547
Mike Hamby, Senior Advisor, Shumaker Advisors Florida, LLC
mhamby@shumakeradvisors.com | 813.229.7600
For the most up-to-date legal and legislative information related to the coronavirus pandemic, please visit our Shumaker COVID-19 Client Resource Center at shumaker.com. We have also established a 24/7 Legal & Legislative Helpline at 1.800.427.1493 monitored by Shumaker lawyers around the clock.