Issues
U.S. Senators Tom Carper (D-Del), Richard Burr (R-NC), Catherine Cortez Masto (D-Nev), and Debbie Stabenow (D-Mich) introduced the Securing America’s Clean Fuels Infrastructure Act this morning. This legislation would improve and expand the Alternative Fuel Vehicle Refueling Property Investment Tax Credit (ITC) (commonly referred to as 30C). This legislation would lower costs for clean vehicle…
The United States Senate Committee on Small Business held a hearing yesterday entitled “Oversight of SBA’s COVID-19 Relief Programs”. This hearing was intended to evaluate the progress of SBA COVID-19 Relief Programs including the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL) Program, as well as the Shuttered Venue Program and the impending…
Senators Diane Feinstein (D-CA) and Alex Padilla (D-CA), sent a letter this week to President Joe Biden pushing the White House to reinstate the California Clean Air Act Waiver. The waiver, which allows California the authority to set independent greenhouse gas and emission standards, was revoked under the Trump administration. Additionally, the Senators stated their…
Shops Need Data to Repair Customers’ Vehicles The Automotive Service Association (ASA), in partnership with members of the American Alliance for Vehicle Owner’s Rights (AAVOR), submitted comments to the National Highway Traffic Safety Administration (NHTSA) in response to their document “Cybersecurity Best Practices for the Safety of Modern Vehicles”. This document, which is an…
The U.S. House of Representatives voted today to pass the next round of stimulus legislation, titled the American Rescue Plan Act of 2021. The $1.9 trillion plan will now be sent to President Biden for signature, likely this week. The legislation includes additional funding for the Paycheck Protection Program (PPP) and Economic Injury Disaster Advance…
The National Safety Council (NSC) released a preliminary report this week showing an increase in motor vehicle deaths in 2020, even as total vehicle miles travelled dropped drastically due to the pandemic. The report shows an 8% increase in motor vehicle deaths compared to 2019- the highest estimated year-over-year jump since 1924. The report also…
According to new preliminary estimates by the Federal Highway Administration, Americans drove 13 percent fewer miles in 2020 than in 2019. In urban areas, miles driven dropped by 14.1 percent, and there was an 11 percent drop in rural areas. In total, Americans drove 3.3 trillion miles in 2019 and 2.83 trillion miles in 2020.…
This morning, President Biden announced tweaks to the Paycheck Protection Program (PPP) that are intended to focus loans to the smallest businesses that may have been left behind in previous iterations of the program. The most significant of these changes is a 14-day period beginning Wednesday, February 24 when only businesses with fewer than 20…
The U.S. House of Representatives Small Business Committee released their economic stimulus plan proposal this week. Included in the plan is increased eligibility for Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). Additionally, the proposal allocates an additional $7.25 billion for the Paycheck Protection Program, elevating the total program level to $813.7 billion.…
The U.S. Small Business Committee this week held a hearing entitled “State of the Small Business Economy in the Era of COVID-19”. During the hearing, lawmakers questioned four witnesses: Sharon Pinder, President and CEO of the Capital Region Minority Supplier Development Council, Stephen Shoaps, owner of Strother Cinema in Oklahoma, Robert Fairlie, a professor of…