Biden, Democrats Outline Next Phase of Spending

As House Democrats work to pass President Biden’s $1.9 trillion COVID-19 relief bill, Biden has started promoting his next massive recovery package which will center on a major investment in infrastructure. Senior Democratic officials told The Washington Post this week that the next bill – the foundation of Biden’s “Build Back Better” program – will… Read more »

House Bill Would Further Expand PPP Access to 501(c) Groups

A bill advanced yesterday by the House Small Business Committee would expand eligibility for the Paycheck Protection Program (PPP) to include most Section 501(c) nonprofit organizations, not just 501(c)(3)s and 501(c)(6) entities. The bill now moves to the House Budget Committee to be included in a nearly $2 trillion COVID relief package sought by congressional… Read more »

Access Recording, Materials from ASAE’s PPP Webinar

If you missed ASAE’s webinar last week breaking down the rules and conditions for associations and other 501(c)(6) organizations seeking to apply for a loan through the Paycheck Protection Program (PPP), the recording and presentation are still accessible. The webinar, titled “Paycheck Protection Program 2.0: Lessons Learned So Far and Considerations for Associations,” was widely… Read more »

House Sets Stage for Swift Action on $1.9T COVID Relief Bill

The House passed a budget bill yesterday on a party-line 218-212 vote that sets the stage for quick passage of President Biden’s $1.9 trillion COVID-19 relief package. The budget bill directs committees to begin drafting budget reconciliation legislation. The Senate is expected to take action on the same legislation this week after a “vote-a-rama,” during… Read more »