Federal Government Action-Federal regulatory agencies have mandated moratoriums on mortgage foreclosures and evictions and instituted loan forbearance programs. Congress passed stimulus legislation impacting small businesses, employees, and individuals. State Government Action-CAI is tracking state government action, and we’ve compiled the following information: Emergency Declarations, State Health Department, State at Home Order, Foreclosure Actions, and Eviction Actions.
As of March 18, NCSL reports 16 states and one territory have postponed their legislative sessions: California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Illinois, Iowa, Louisiana, Minnesota, Nebraska, New Hampshire, New York, Rhode Island, Vermont, Virgin Islands, and Wisconsin. Some are considering scheduling special sessions for later this year. Many of these postponements and suspensions will last until the end of March when legislators will reassess the status of the COVID-19 pandemic.