The Small Business Administration's "loan necessity" questionnaires seek information beyond what was required on PPP loan applications and may be biased against borrowers, according to ASAE and other business groups.
While ASAE and the business community back legislation that would protect groups from business interruption losses resulting from future pandemics, opposition to the Pandemic Risk Insurance Act was evident during a November 19 hearing.
In a letter to the White House this week, ASAE urged the administration to rescind its recent directives to end DEI training sessions for government workers.
As associations host virtual tradeshows due to the pandemic, they are trying to understand how unrelated business income tax regulations may apply to exhibit revenues. To do so, they are relying on guidance issued by the IRS in 2004.
Associations need a federally supported insurance backstop to protect against the financial impacts of the ongoing COVID-19 crisis and future health emergencies, executives told lawmakers.
Associations with fewer than 300 employees would be eligible for PPP funds under the broad COVID-19 relief bill proposed by Senate Republicans this week. But differences with Democrats on many provisions make the bill's future uncertain.
ASAE delivered its sixth letter to House and Senate leaders this week requesting aid for 501(c)(6) associations as they work to cobble together what could be the last COVID-19 relief package before the November elections.
The DC Council is proposing a 3 percent sales tax on advertising as part of its Fiscal Year 2021 budget. ASAE and other DC business groups are asking the council to reconsider it.
ASAE and 2,200 other organizations delivered a sign-on letter to Congress, asking that nonprofit associations affected by the COVID-19 pandemic get access to federal relief programs.
In a letter to the Federal Reserve, ASAE asked the Fed to expand the scope of the Main Street Lending Program to give 501(c)(6) associations the same access to credit during this difficult time.
