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Home » AGC Scores Major PPP Victories in Year-End Legislation
Labor & HR

AGC Scores Major PPP Victories in Year-End Legislation

Blocks up to 37% Tax Increase by Allowing Deductibility
January 7, 2021Updated:December 4, 2023No Comments1 Min Read
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AGC News: Advocacy
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AGC blocked a surprise federal tax increase of up to 37 percent on Paycheck Protection Program (PPP) loan forgiveness, benefiting tens of thousands of construction firms. AGC was able to secure a provision in the year-end COVID-relief and government funding bill enacted Dec. 27, 2020 that overturned the IRS position...

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Building Federal/Heavy Highway Infrastructure Paycheck Protection Program Utility
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Latest News

Registration Open for AGC Environmental and Sustainability Meetings this Summer

May 8, 2025

Kiewit Infrastructure’s Michael Svoboda Wins Inaugural Bowen Prize For Great Builders For His Field Leadership On Nashville’s Broadway Bridge

May 7, 2025

Granite Construction Awarded For Innovative Tailored AI Training Tool Designed To Pass Along Retirees’ Knowledge

May 5, 2025

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