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Texas Capital

A new law taking effect at the beginning of 2022 (HB 390) will require commercial lodging businesses in Wood County and all across the state of Texas to conduct training for their employees pertaining to human trafficking.

Lodging businesses have until December 31, 2022 to train employees hired before 2022, but employees hired on or after January 1, 2022 will have to be trained within 90 days of hiring.

Currently, the Texas Hotel and Lodging Association (THLA) is working with the Texas Attorney General in devising and adopting training programs for local businesses to use to remain in compliance with the law, but no official training programs have been issued as of the writing of this article.

The THLA is currently recommending the following:

  1. Continue your current human trafficking training program protocols.  Be sure to document employees’ training that occurs on or after January 1, 2022.
  2. Download and print the 11×17 version of the OAG signs available via this link and post them in your back-of-house area.

Additionally, HB 390 can be viewed here.

For more information, you can contact the THLA at 1-800-856-4328 or visit their website.

 

 

 

 

The WCEDC Board will be holding its regular meeting on Wednesday, January 19, 2022 at 12:00 p.m. at the Wood County Voting Annex.

200 W. Bermuda St. Quitman Texas 75783

Click HERE to download agenda (available Monday before meeting).

 

Peoples Telephone Cooperative, Inc. is preparing to break ground on a USDA ReConnect fiber project that will deploy broadband in an unserved area of Wood County east of the Wood County Airport.

Read the full press release HERE.

 

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1. All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.

2. All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 18-months from the date of the note.

3. Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers.

4. Borrowers will resume their regular payment schedule with the payment immediately preceding March 31, 2022, unless the borrower voluntarily continues to make payments while on deferment.

5. It is important to note that the interest will continue to accrue on the outstanding balance of the loan throughout the duration of the deferment. 

****Interest will continue to accumulate on all EIDL & Current Disaster Loans during the deferment period.****