There’s Still An Action Alert on PPP Funding

Notwithstanding the current stand-off in Congress, efforts are still underway in the US Senate to appropriate additional funds for the critical Paycheck Protection Program. As we reported last week, the Coalition of Franchisee Associations (CFA) was asking all franchisees to contact Congress to urge the appropriation of additional funds for this program. This week, that…

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Action Alert on PPP

In light of the Senate failure to pass additional funds as detailed above, the House is now working on its own version of legislation to amend the CARES Act and expand the PPP, but party politics will continue to play a role and we need your help to make sure franchisees are protected. The Coalition…

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Health Care Bill Passes the Senate Finance Committee!

On October 13, the Senate Finance Committee voted to approve its bill on health care reform by a vote of 14-9. While lacking wide bipartisan agreement the measure did attract one Republican vote, Sen. Olympia Snowe (R-ME). Senator Snowe joined all the Democrats on the committee to vote in favor of the measure. The Senate Finance Committee proposal requires employers to offer coverage which is “affordable” to employees and which covers at least 65% of their premiums. The definition of affordability will be based on a sliding scale but cannot be more than 10% of an employee’s income.

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