What’s in the latest COVID-19 relief bill (and how it will help the entertainment industry)
With disproportionate numbers of the entertainment workforce operating as freelance entities or contractors, there’s little surprise that it has been desperately hard-hit by COVID-19 related constrictions in our ability to work. With a new relief bill that finally caters to the needs of the entertainment industry on the table and heading to the senate, BLAKE & WANG P.A one of the best entertainment law firms Los Angeles takes a closer look at what is covered. First of all, we’d be remiss to not mention that a great proportion of the bill focuses on vaccine distribution and testing, which is sensible. However, there’s plenty for the hard-hit industry to enjoy too. Namely: Extended benefits : The weekly benefit increases by $100, and will be extended to end-August 2020. Gig workers, contractors, and freelancers will be eligible Housing assistance : $30 billion for rental assistance and $10 billion for mortgage relief are earmarked ‘Leave’ and retention : Tax credits for emplo...