Tag: Legislative Updates

U.S. Congress Near-Unanimously Approve PPP Changes for Small Businesses

Last night, the U.S. Senate unanimously passed legislation that would give Paycheck Protection Program borrowers more freedom in how to use funds and still have loans forgiven. The same legislation, dubbed the Paycheck Protection Flexibility Act, was passed in a near-unanimous vote in the U.S. House of Representatives. The legislation

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U.S. House of Representatives Passes Relief Package Messaging Bill

WASHINGTON, DC — On the evening of May 15, the U.S. House of Representatives passed their $3 trillion coronavirus relief package, the HEROES Act, mostly along party lines with 14 Democratic defections and a handful of Republicans backing the legislation. The Republican controlled Senate is not expected to consider the

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MRAA Priorities for COVID-19 Small Business Stimulus Package

This morning the U.S. Congress is finalizing their $2-trillion economic relief package for businesses to address the severe impact of the coronavirus pandemic on small businesses and their employees’ financial stability. MRAA, along with NMMA, and Association of Marina Industries (AMI), actively engaged with leaders in the U.S. House of

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