ABC National sent an Action Alert to members earlier this week on COVID priorities ahead of the end of the year. We encourage all members of ABC Central Ohio to contact their U.S. Senators and Representatives with this Action Alert ASAP. The letter asks for any year-end funding or COVID relief legislation to address liability protection for construction businesses, PPP tax deductibility, expansion of PPP for 501c6 nonprofits, expansion of the employee retention tax credit, and also asks for congress to address the burdensome, newly proposed PPP loan necessity questionnaire for borrowers of $2 million or more in PPP loans.
ABC also sent a letter to House and Senate leadership outlining these critical priorities for the construction industry and also joined a coalition of dozens of business organizations in a letter supporting additional efforts to include tax deductibility of Paycheck Protection Program loans in any year-end legislation.