Earlier this week, the U.S. Senate approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a massive legislative package that includes $2 trillion in funding for businesses, individuals and the health care industry. The bill is expected to pass the U.S. House of Representatives today and quickly be signed into law.
Notably, the CARES Act includes $350 billion for forgivable loans to small businesses who maintain their payroll during this emergency, as well as numerous tax credit and deferrals. Congress is now expected to turn its attention to additional “stimulus” legislation aimed at boosting the economy and employment.
Please read ASA’s detailed response to the Senate’s COVID-19 relief bill and what it means for recreational fishing and our industry.
Here are some updates we added this week to ASA’s COVID-19 response webpage:
- A number of state natural resource agencies have updated their COVID-19 response plans. Use the map on ASA’s webpage to check for your state’s response.
- The Recreational Boating & Fishing Foundation (RBFF) has good information about communications and marketing best practices that could help your efforts.
- Install the RBFF website plugin on your home page to help get your customers on the water.
- Read an article that highlights what Minnesota’s governor said to inspire people to get into the great outdoors.
If you have any comments or questions, please visit ASA’s COVID-19 page or email us.
