Congress is moving quickly to draft a fourth economic stimulus bill that will expand on the CARES Act that was enacted in late March.
We have been pleased that the original CARES Act included the nonprofit sector – a first in federal relief legislation. However, according to our partner the National Council of Nonprofits, many implementation challenges have arisen with federal agencies and private entities that undermine the intent of the law to provide economic relief for nonprofits.
Negotiations on the new legislation are going on right now. While the Council is working the issue with congressional leaders in Washington D.C., Foraker has been talking with the Alaska delegation about including certain provisions to benefit nonprofits. Those include:
You can read more about these provisions here.
Although Congress is currently in recess, lawmakers will return in May and take up the new CARES legislation. You can contact our delegation and register your support on their websites.
We also encourage you to sign-up for bulletins from the National Council of Nonprofits. Council staff in Washington D.C. are on the front line advocating for nonprofits and sharing information as they receive it.