The Coalition of Franchisee Associations (CFA) is working alongside the National Restaurant Association (NRA) to broaden a proposed restaurant-only stabilization fund to help the restaurant industry recover from the coronavirus pandemic and the economic devastation it has caused the industry. As we advised a few weeks ago, the newly-created Independent Restaurant Coalition is pushing Congress to adopt a $120 billion recovery program for independent restaurant owners and exclude from its benefits all owners of a franchise location, regardless of how many or few individual stores one may own. Both the CFA and NRA are working closely with the offices of Senators Ron Wicker (R-MS) and Kyrsten Sinema (D-AZ) – as both Senators have expressed interest in sponsoring the Stabilization Fund and bringing it to fruition – to ensure that such a recovery fund is not earmarked to only certain owners within the restaurant industry, but available to all restaurateurs. We’ll keep you advised of new developments.