On May 12, The House Democratic Majority unveiled a $3-trillion COVID-19 stimulus bill as part of the next steps to address the pandemic. The great news is that it would expand eligibility for the popular Paycheck Protection Program to include all 501c organizations, including 501c6 orgs and 501c7 orgs.
The inclusion of all 501c orgs in a bill sponsored by the House Democratic majority is welcome news. It indicates that all of GCSAA’s direct and grassroots lobbying efforts have made a difference. While there still has to be negotiation with the Senate, the crisis the country is facing indicates there will be another stimulus bill at some point, most likely after Memorial Day.
This is a first step in what is expected to be a long process. GCSAA and its members will continue to work toward a successful conclusion. GCSAA thanks the members for the continued outreach on this important issue.
The legislation is H.R. 6800, the HEROES Act, and the language can be found on page 821 and 822.