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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

Building Through the Freeze

January 17, 2026

Construction Employment Increases In Small Majority Of Metro Areas In November; Survey Shows Contractors Have Subdued Expectations For 2026

January 15, 2026

Construction Costs Rise At Fastest Rate Since January 2023 In November, Outpacing Increases In Contractors’ Bid Prices For New Buildings

January 14, 2026

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