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Pension Relief Proposed in New COVID-19 Bill

Among the many provisions under consideration in the newest federal relief package, huge progress has been made to include substantial and long-awaited relief for both single- and multi-employer pension plans.

Speak up: Congress finalizing next relief package

Congress is rapidly advancing a new $1.9 trillion package of COVID-19 relief, building on a proposal by the Biden-Harris Administration, and using the budget reconciliation process to speed approval with a simple majority vote in the Senate.

International Coalition of Performing Arts Organizations Aerosol Study

The third round of preliminary results from the Performing Arts Aerosol Study have been released. Key findings indicate that wearing an appropriate mask and using recommended bell covers can decrease aerosol emissions from between 60 to 90 percent when playing wind instruments, and that using plexiglass partitions can interfere with HVAC systems in rooms.

League Calls for Improvements to Nonprofit Main Street Lending Program

This week, the League submitted comments (PDF) to the Federal Reserve, in coordination with the broader nonprofit sector, to suggest several revisions to the Main Street Lending Nonprofit Organization Expanded Loan Facility and the Nonprofit Organization New Loan Facility, which was proposed on Monday, June 15.