• Stop the Surprise Tax on the PPP

    Stop the Surprise Tax on the PPP

    Stop the Surprise Tax on the PPP
    Taking Action is as easy as 1, 2, 3!
    The House Finance Committee is hearing testimony on Wednesday, April 7, 2021 at 4:30 p.m. on the Governor's budget includes a proposal which would tax PPP loans in excess of $150,000.  This is a direct tax on small businesses.
    Take three easy steps to stop the surprise tax on PPP:
    Step One
    Sign the petition asking the Committee to reject the Governor's proposal and support H.6170, which would prohibit the taxation of any PPP funding. SIGN THE PETITION HERE
    Step Two
    Send an email to your legislator asking them to vote against the Governor's proposal to tax the PPP. CLICK HERE TO CONTACT YOUR LEGISLATORS
    Step Three
    Sign up to testify at the House Finance Committee hearing on Wednesday. Testimony is done via the phone. Click here to sign up.
    Bill Number: 6121
    Article Number: 2
    For or against bill: Opposed
    We have been told that we need a large outcry from the business community to stop this surprise tax from moving forward.

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