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From the category archives: Politics & PolicyPolitics & Policy - This is the category that gets pulled into the Politics & Policy landing page.
Wisconsin held its in-person election on April 7, despite numerous primary postponements and some public criticism. Former Vice President Joe Biden won with 62.93% of the vote, bringing his delegate count to 1,293 (1,991 delegates are needed to secure his nomination).
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On April 14, ABC sent an action alert to ABC members asking them to call on their member of Congress to quickly authorize additional funding for the Paycheck Protection Program, which was created under the CARES Act to provide forgivable loans to small businesses. With nearly $350 billion in small business aid estimated to run out this week, ABC is asking Congress to pass a clean bill to increase funds for the PPP, which has been a priority for Majority Leader Mitch McConnell (R) and the White House.
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The recently passed CARES Act, a $2.2 trillion COVID-19 relief bill, provided aid for small businesses and affected industries across the country. However, the bill does not include assistance for 501(c)(6) organizations such as trade associations that are, in some cases, experiencing the same operational challenges that large and small businesses are facing due to the coronavirus pandemic.
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ABC Votes 2020, the one-stop-shop for all voter questions, information and priority issues surrounding the 2020 election cycle, is now live at abcvotes.com.
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The Small Business Administration and the U.S. Department of Treasury confirmed ABC’s interpretation of the IFR and addressed this issue in a release of FAQs for lenders and borrowers. Importantly, this document clarifies that businesses do not have to qualify as both a small business concern and have 500 or fewer employees. ABC continues to urge eligible members in need to apply for PPP loans.
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In response to the COVID-19 pandemic, the U.S. Office of Federal Contract Compliance Programs issued a temporary exemption from certain federal contracting requirements for a period of three months, from March 17, 2020 to June 17, 2020.
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In response to the president’s national emergency declaration, the Federal Motor Carrier Safety Administration has announced a three-month waiver to prevent the possible shortage of commercial motor vehicle drivers and continue to allow intrastate and interstate commercial driver’s license (CDL) and commercial learners permit (CLP) holders to transport critical goods and supplies to businesses and individuals affected by COVID-19.
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On March 16, ABC submitted comments to the Office of Management and Budget on its Request for Information on Improving and Reforming Regulatory Enforcement and Adjudication.
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ABC issued a key vote to the Senate on an amendment submitted by Sen. Ron Johnson (R-Wisc.). The amendment would have replaced the mandated paid leave requirements of the House-passed Families First Coronavirus Response Act that affect employers with fewer than 500 employees with unemployment insurance capped at $1000 per week.
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On March 6, President Trump signed the Coronavirus Preparedness and Response Supplemental Appropriations Act, an $8.3 billion emergency spending bill that, among many other things, gave the Small Business Administration the ability to issue an economic injury disaster loan declaration pertaining to coronavirus.
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