Category Archives: Covid-19

5/17: US Chamber Covid Relief Updates

The latest news from U.S. Chamber of Commerce...

What’s Happening (OSCC Political Observations)

It’s crunch time in the Legislature as we move into the final six weeks of the 2021 session.
We keep thinking the pace will pick up anytime now. There is some evidence this is starting to happen. Last Friday was the ‘posting deadline’ for the second chamber. Bills had to be posted for a work session on Friday, May 14th in order to advance out of the second chamber committees. Any bill not posted is considered dead.
Those bills that were posted must be officially voted out of committee by Friday, May 28th, otherwise they too will die.
Policy committees will shut down on May 28th - leaving only Rules, Revenue and the Joint Ways and Means Committees open for business.
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4/28: US Chamber Covid Relief Updates

The latest news from U.S. Chamber of Commerce...

Covid Resources

COVID-19 Vaccination Tax Credit - We've uploaded the recording from Monday’s webinar to discuss the COVID-19 Vaccination Tax Credit.  Click here to view the webinar, plus the White House fact sheet discussed during the event.  Furthermore, recordings from our prior Small Business Update events can be found here.

Learn more about available assistance - The U.S. Chamber, as part of its Save Small Business Initiative, has put together this comprehensive list of guides, resources, and tips available for your small business during the pandemic.  Start exploring here to see how you can get the help you need.

See more resources from CO— - Our teams at CO— have created a one-stop shop for all things coronavirus when it comes to your business.  

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US Chamber Covid Relief Updates

The latest news from U.S. Chamber of Commerce...

Infrastructure

Summary of President Biden’s Infrastructure Proposal - Today, the Biden Administration released their $2 trillion infrastructure plan, which is available here.

U.S. Chamber’s Statement on President Biden’s Infrastructure Proposal - In response to the unveiling of President Biden’s infrastructure plan, U.S. Chamber executive vice president and chief policy officer Neil Bradley released a statement, which can be viewed by clicking here.  Additionally, we issued the following initial reactions to the president’s proposal:

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OSCC Political Observations

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A message from Oregon State Chamber of Commerce…

“The most significant issue of the past week was the final passage of the ‘American Rescue Plan’ federal aid package that will send over $2.6 billion to the Oregon legislature to fill budget holes.
With all this money coming to the state, OSCC sounded the alarm that the Oregon Legislature is still looking to raise taxes on small businesses and working Oregonians. 
OSCC sounded the alarm on the following taxes:

  • SB 137 – Disconnect from Federal CARES Act tax benefits for Oregon businesses
  • SB 139 – Repeal of the Oregon Small Business Tax Cut 
  • HB 2253– Taxing PPP loans
  • HB 2839 – Disconnect from Federal CARES Act tax benefits for Oregon businesses

OSCC also called attention to important tax relief legislation:

  • SB 842 – Eliminates state taxes on federal stimulus checks

Finally, OSCC is looking to Friday, March 19th with a high degree of anticipation, as it is the first major deadline of the 2021 legislative session. All… Read the rest

Commercial Rent Relief Program

A message from Business Oregon…

“The Oregon Legislative Emergency Board on January 8, 2021, allocated $100 million to fund a new Commercial Rent Relief Program to provide financial assistance to small businesses and landlords adversely affected by economic conditions as a direct result of the COVID-19 pandemic.

The program will open for applications on March 8, 2021.

The program targets landlords with tenant businesses with 100 or fewer employees who are behind on lease payments or any forgiven base rent amounts that have been negotiated due to COVID-19. The program will require both business tenant and property owner participation. The program includes additional protections for tenants, such as non-eviction clauses, and a waiver of penalties and interest.”

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