Wednesday, 10 February, 2021
2/10/21 Update on Additional COVID Stimulus Legislation
The House and Senate have taken the first procedural steps to work on President Biden’s request for $1.9 trillion dollars in COVID relief. This process, known as reconciliation, will allow expedited passage of the final legislative package by a simple majority vote, avoiding a possible Senate filibuster. NATA has obtained and analyzed early drafts for possible industry impacts.
As currently proposed, the final legislative package:
provides another round of Payroll Support Program funding, with
$14 billion for air carriers,
$1 billion for contractors, and
$100 million for nonprimary commercial service and general aviation airports;
keeps eligible activities the same as under the CARES Act and the FY21 Appropriations Act; and
requires that airports receiving funding "continue to employ, through September 30, 2021, at least 90 percent of the number of individuals employed (after making adjustments for retirements or voluntary employee separations) by the airport as of March 27, 2020."
As always, NATA is actively working Capitol Hill to advocate for additional stimulus legislation that best supports our members, including securing an amendment to the Transportation Committee’s portion of the bill offered by Rep. Bob Gibbs (R-OH) that would make FBOs eligible for the same assistance available to in-terminal concessionaires.
We will keep you apprised of additional developments and are, as always, available to answer your questions.
For general press inquiries, contact Shannon Chambers at 703-298-1347 or firstname.lastname@example.org.
The National Air Transportation Association (NATA) has been the voice of aviation business for 80 years. Representing nearly 3,700 aviation businesses, NATA’s member companies provide a broad range of services to general aviation, the airlines and the military and NATA serves as the public policy group representing the interests of aviation businesses before Congress and the federal agencies.