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Extending the Paycheck Protection Program to 501(c)(6) organizations
Story Date: 4/17/2020
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Source: SIGNAL DC, 3/31/20
It is critical that the next phase of relief make these 501(c)(6) non-profits eligible to participate in the Program and provide them with the same much-needed relief as was provided to their 501(c)(3) peers. In the next round of COVID-19 relief legislation, Congress needs to support trade associations, chambers of commerce, real estate boards, boards of trade, and other 501(c)(6) tax exempt organizations that are vital to help businesses of all sizes to survive and thrive.
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