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House Passes $3 Trillion Relief Bill, ÃÛ½ÛÖ±²¥ Seeks Improvements Through Legislative Process

Prior to the House passing its more than $3 trillion coronavirus relief bill on May 15, ÃÛ½ÛÖ±²¥ shared with legislators its comprehensive analysis on construction industry priorities missing from and included in the bill. There, the association noted that the legislation failed to include liability protections for good actor construction firms, sufficient investment in infrastructure, and better targeted career and technical education funding for construction trades. On the positive side, the bill includes flexibilities and enhancements to the Paycheck Protection Program and Employee Retention Tax Credit, policies—including the authorization of composite plans—to protect the viability of multiemployer pension plans, and contractual financial protections for direct federal contractors. With action turning to the Senate, ÃÛ½ÛÖ±²¥ remains focused on finding bipartisan solutions that advance the construction industry’s priorities in the next relief measure.