How does the Employ American Workers Act (EAWA) provision related to hiring new employees who are in H-1B nonimmigrant status apply to borrowers for purposes of the TALF?
The EAWA applies to all borrowers under the TALF. In addition, if the eligible borrower is an investment fund, the EAWA also applies to any entity that owns or controls 25% or more of the total equity of the investment fund. For more information on how the EAWA applies to Federal Reserve lending facilities, see Employ American Workers Act: FAQs.
The EAWA applies to all borrowers under the TALF. In addition, if the eligible borrower is an investment fund, the EAWA also applies to any entity that owns or controls 25% or more of the total equity of the investment fund. Please see the “Borrower Eligibility” FAQs for the definition of “control.” For more information on how the EAWA applies to Federal Reserve lending facilities, see Employ American Workers Act: FAQs.
Related Questions
- How does the Employ American Workers Act (EAWA) provision related to hiring new employees who are in H-1B nonimmigrant status apply to borrowers for purposes of the TALF?
- What do The American Disabilities Act (ADA) and Section 504 mean to employers and employees?
- What is the Employ American Workers Act?
