Federal Update- August 6, 2020

STEP Act: AzLTA joined Senator Kyrsten Sinema in a press release announcing the introduction of the bipartisan STEP Act. This legislation modifies existing Economic Development Administration grant programs to provide direct support to Arizona’s tourism industry and promote economic recovery from the coronavirus.

Additional PPP Guidance Released: The Small Business Administration (SBA) and the Treasury Department released additional Paycheck Protection Program (PPP) FAQs focused on PPP loan forgiveness. This document provides further details on the loan forgiveness process, required documentation, cost eligibility, and forgiveness amount calculations. AHLA will continue to work the Administration and Congress to ensure that the PPP and other pandemic economic relief options meet the needs of the hotel industry.

The Push to Save Hotel Jobs Continues: Please help those who make our industry so special – hotel employees. Without assistance many hotels will close their doors for good and jobs will be lost. Please sign up for HotelsACT. If you’ve already done so, please forward the HotelsACT link to everyone you know in our industry. We must speak loud and clear now or we won’t be included in the next Coronavirus-response legislation. 

AzLTA will continue to work with AHLA and U.S. Travel to advocate for these bills and additional industry priorities.

UNDER CONSTRUCTION

Questions? Email info@azlta.com