April 15, 2020 In The News, Media

Norcross, Smith want relief for labor, industry groups

New Jersey Globe
April 15, 2020

Reps. Donald Norcross (D-Camden) and Chris Smith (R-Hamilton) and the rest of New Jersey’s delegation called on congressional leaders to expand bailout protections to labor groups and trade associations in a letter sent Wednesday.

“Working families and businesses are hurting right now and need the tools and resources to help weather this difficult time,” Norcross said. “Labor organizations and business trade associations play an integral role, even in good times, in helping workers and businesses wade through the details of federal resources and regulations, something especially important now.”

The $2 trillion bailout package signed into law last month included a $349 billion program meant to provide loans to small businesses so they can continue to pay their employees amid vast restrictions enacted to slow the spread of COVID-19.

But the Paycheck Protection Program does not cover 501(c)(5) or 501(c)(6) organizations, meaning employees of labor organizations and trade associations are not eligible for the aid.

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