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Home ยป 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

Construction Firms Add 15,000 Jobs In June As Hourly Wages In The Sector Rise To $37.20 As Firms Strive To Retain Workers Amid Market Uncertainty

July 3, 2025

U.S. Supreme Court Significantly Limits Nationwide Injunctions

July 3, 2025

Congress Passes One Big Beautiful Bill – AGC Wins and Next Steps

July 2, 2025

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