NWRA Calls on Congress to Pass Economic Stimulus Package Swiftly

NWRA Calls on Congress to Pass Economic Stimulus Package Swiftly

Arlington, VA – The National Waste & Recycling Association (NWRA) urges Congress to take up the economic stimulus package and pass it without delay. The legislation includes important financial assistance for businesses—large and small—including loans, tax credits and other provisions aimed at incentivizing employers to keep workers on the payroll during the crisis.

“We urge Congress to move quickly to pass this vitally important legislation. We know from history that without regular waste collection, illness and disease spread. The provisions in the legislation will help our members continue to operate during this health crisis,” said NWRA President and CEO Darrell Smith.

Provisions important to NWRA members include an employee retention credit for employers subject to closure due to COVID-19; delay of payment of employer payroll taxes; modifications for net operating losses that expands carryovers and carrybacks for losses that can help with bad debts incurred when companies continue their services despite non-payment or by providing services that are non-compensated; modifications of limitation on business interest; and loans both through the Small Business Administration and the “Coronavirus Economic Stabilization Act of 2020.”

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ABOUT NWRA
The National Waste & Recycling Association (NWRA) represents the private sector waste and recycling services industry. Association members conduct business in all 50 states and include companies that manage waste, recycling and medical waste, equipment manufacturers and distributors, and a variety of other service providers. For more information about NWRA, please visit www.wasterecycling.org.

Contact
Brandon Wright
National Waste and Recycling Association
bwright@wasterecycling.org
202-364-3706