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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

Report Shows Urgent Need for Investment in Pennsylvania’s Roads and Bridges

July 16, 2025

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July 16, 2025

DOT Expands TIFIA Financing to Help Get America Building Again

July 16, 2025

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