IFA Letter to Senate Leadership on COVID-19 Relief

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IFA Coronavirus Updates

Request to improve the House-passed bill containing important provisions that benefit small businesses and employees. Specifically, Division C, “The Emergency Family and Medical Leave Act,” and Division E, “The Emergency Paid Sick Leave Act.”  

While H.R. 6201 includes a 100% retroactive tax credit, the construction of the paid leave mandate and refundable tax credit leaves small businesses with a significant and immediate cash flow crisis for the next six to eight critical weeks.

This request details IFA's solutions to better the aforementioned bill in favor of small businesses and their employees.