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Money

Yesterday, the U.S. House of Representatives passed a bill providing additional funding into existing programs to assist small business in response to the COVID-19 pandemic. The President is expected to sign the bill into law today. The legislation authorizes $310 billion into the Paycheck Protection Program (PPP), the loan program designed to keep employees on small company payrolls. The initial $350 billion provided into PPP, created last month as part of the $2 trillion Coronavirus Aid, Relief, and Economic Security…

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Responsible Recreation

Several outdoor organizations have come together to crowdsource #ResponsibleRecreation as a way to inform the public on the need to act responsibly when recreating outdoors in the era of COVID-19. The goal is to keep the public from breaking social distancing regulations, thus stopping further access closures on our public lands and waters, which has been the reaction of some state and many local governments. Please help us promote #ResponsibleRecreation in your social media, on your website and other communications…

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Taxes and Calculator

The COVID-19 pandemic is having a significant negative impact on the nation’s economy, including the sportfishing industry. Any and all forms of relief are needed, which is why the American Sportfishing Association recently asked the US Treasury Department for a 90 day delay in the payment due date for the federal excise tax (FET) on sportfishing equipment. Please call your Congressional delegation and urge them to support this request. The Treasury Department has our request, but with so much going…

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Governor

Amid growing closures and restrictions related to the COVID-19 pandemic, the American Sportfishing Association (ASA) recently sent letters to each of the fifty governors requesting that they keep recreational fishing opportunities and businesses open as much as possible. The letters were delivered to the governors’ offices on Friday, March 27. “In no way do we want to stand in the way of states’ efforts to limit the spread of COVID-19 and we recognize that in certain cases fishing access restrictions…

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Capitol At Sunset

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…

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