Small employers urge passage of ERTCRA legislation

June 3, 2022
NAMA-led group points to bipartisan support, dire need and relative low cost in making case that ERTCRA is most viable option.

A group of 102 NAMA-led coalition partners urged congressional leaders to pass the bipartisan Employee Retention Tax Credit Reinstatement Act (ERTCRA).

In a letter delivered on June 2 to Speaker Pelosi, Leader Schumer, Leader McCarthy, and Leader McConnell, the associations and charitable nonprofits, which represent a wide range of small businesses, made the case that the ERTCRA is the most viable way to help small businesses recover from economic setbacks caused by the COVID-19 pandemic. 

The NAMA-led coalition pointed to:

  • Strong bipartisan support for the legislation across both chambers, 57 Republicans and 46 Democrats.
  • Dire need for passage given inflationary pressure combined with the tax and administrative effects of the retroactive rollback of ERTC.
  • CBO estimate of $8.2 billion cost of Q4 2021 ERTC and the likelihood this number is now smaller given some businesses have now shuttered.

In the letter, the coalition partners said: "While we believe the ERTCRA has a successful path to passage in both chambers as a freestanding bill, there are opportunities for Congress to deliver this much needed aid through other vehicles such as legislation currently in conference (COMPETES and USICA) strengthening supply chains and enhancing U.S. economic competitiveness."


Nama Logo

NAMA issues statement over delay for ERTC fix

March 9, 2022
The National Automatic Merchandising Association (NAMA) released the following statement from Mike Goscinski, senior director, external affairs, regarding publication of the fiscal...
179515243 © Andrii Yalanskyi |
Dreamstime Xxl 179515243
National associations

Trade coalition asks congressional leaders to include ERTC Reinstatement Act in spending package

March 2, 2022
A coalition of trade associations and charitable nonprofits, led by the National Automatic Merchandising Association, delivered this week a letter asking congressional leaders...
Free-Photo / Pixabay
Letterwriting Free Photos Pixabay

Coalition of small businesses urges Congress to ensure Q4 access to ERTC

Sept. 22, 2021
In a letter sent this week, a coalition of 20 small business organizations urged Congress to follow through on its commitment to American small business owners by including the...