In a letter sent on Sep. 3, National Automatic Merchandising Association president and chief executive Carla Balakgie urged Congress to add the last quarter of the Employee Retention Tax Credit (ERTC) to the $3.5 trillion budget reconciliation bill.
As passed by the Senate, the Infrastructure Investment and Jobs Act terminates ERTC three months earlier than the Jan. 1, 2022 expiration date set earlier this year.
“The ERTC has been integral to many convenience services employers’ efforts to keep employees on payroll,” Mike Goscinski, senior director of external affairs said.
“Without action from Congress, the hasty move to cut the ERTC short will result in yet another devastating blow to small businesses still reeling from the effects of Federal and State mandated shutdowns," Goscinski underscored.
Operators can support NAMA’s effort by submitting additional letters to their representatives through NAMA’s Action Center.