ASAE Continues Push for Association COVID Relief

With Congress and the administration still at an impasse on the next phase of COVID-19 relief, ASAE and its grassroots advocates blanketed Capitol Hill again this week with calls for emergency assistance for Section 501(c)(6) associations that were left out of most provisions of the CARES Act. ASAE’s sign-on letter, updated this week and re-sent… Read more »

COVID-19 Pandemic Impacting Digital Tax Talks

The global economic downturn caused by the coronavirus pandemic is impacting ongoing discussions on how the digital economy will be taxed. While international negotiators continue to seek agreement on a plan created by the Organization for Economic Cooperation and Development (OECD), some participants remain skeptical that consensus can be reached from more than 130 countries… Read more »

CARES 2 Package Taking Shape in the House

With talks breaking down in the Senate earlier today on an interim COVID-19 relief measure, attention is shifting to the House where another large-scale economic stimulus package is taking shape. This bill, which follows the $2.2 trillion CARES Act signed into law two weeks ago, will likely inject another $1 trillion or more into the… Read more »

ASAE to Host Congressional Video Town Hall on COVID Aid

In response to COVID-19, Congress passed the CARES Act to provide $2.2 trillion in financial relief for individuals, small businesses, corporations, hospitals, state and local governments, and certain nonprofit organizations. While associations are included in some of the CARES Act’s provisions, ASAE is very concerned that trade and professional associations experiencing severe revenue losses during… Read more »

COVID Relief Effort Collapses in Senate

The Senate adjourned today after competing proposals to add funding for COVID-19 relief failed to win support. Senate Democrats blocked Senate Majority Leader Mitch McConnell’s bid to add $250 billion to the Paycheck Protection Program designed to assist small businesses, and Republicans rejected Democrats’ counter-offer to add an additional $250 billion for hospitals and local… Read more »