Capitol Hill and CERTS Act Update - Amazon Web Services

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Capitol Hill and CERTS Act Update

NATIONAL S CHOOL TRANS P ORTATION AS S OCIATION

CARINA NOBLE

GR COMMITTEE MEETINGS

MARK YOUR CALENDAR

NSTA President-Elect, GR Committee Chair (National Express)

2nd Thursday of each month at 11:00 AM (ET)

Next meeting is scheduled for September 17, 2020 at 12:00 PM (ET)

Interested in joining? Email: info@yellowbuses.org

Government Relations Committee

For Questions –please use the “CHAT BOX”

NATIONAL SCHOOL TRANSPORTATION ASSOCIATION

CAPITOL HILL UPDATE

SEPTEMBER 10, 2020

Coronavirus Economic Relief for Transportation Services (CERTS) S 4150/HR 7642 Senate Leads: Senators Susan Collins (R-ME) and Jack Reed (D-

RI) House Leads: Congressmen Darrin LaHood (R-IL) and Albio Sires

(D-NJ) $10 billion grant/loan program run out of Department of Treasury

for private school bus, private motorcoach and private small US flag passenger vessel industries

50% must be grants Eligibility: Payroll, rent, utilities, insurance, existing debt

service, PPE and Covid expenses

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AlabamaSen. Jones, Doug [D-AL]

AlaskaSen. Murkowski, Lisa [R-AK]Sen. Sullivan, Dan [R-AK]

CaliforniaSen. Feinstein, Dianne [D-CA]

ConnecticutSen. Blumenthal, Richard [D-CT]

DelawareSen. Carper, Thomas R. [D-DE]

HawaiiSen. Hirono, Mazie K. [D-HI]

IllinoisSen. Durbin, Richard J. [D-IL]

IowaSen. Ernst, Joni [R-IA]Sen. Grassley, Chuck [R-IA]

KansasSen. Moran, Jerry [R-KS]

LouisianaSen. Cassidy, Bill [R-LA]

MaineSen. Collins, Susan M. [R-ME]Sen. King, Angus S., Jr. [I-ME]

MarylandSen. Van Hollen, Chris [D-MD]

MassachusettsSen. Warren, Elizabeth [D-MA]Sen. Markey, Ed [D-MA]

MichiganSen. Peters, Gary C. [D-MI]Sen. Stabenow, Debbie [D-MI]

MinnesotaSen. Klobuchar, Amy [D-MN]Sen. Smith, Tina [D-MN]

MissouriSen. Blunt, Roy [R-MO]

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MontanaSen. Daines, Steve [R-MT]

NevadaSen. Rosen, Jacky [D-NV]

New HampshireSen. Hassan, Margaret Wood [D-NH]Sen. Shaheen, Jeanne [D-NH]

New JerseySen. Booker, Cory A. [D-NJ]Sen. Menendez, Robert [D-NJ]

New YorkSen. Gillibrand, Kirsten E. [D-NY]

North CarolinaSen. Burr, Richard [R-NC]Sen. Tillis, Thom [R-NC]

North DakotaSen. Cramer, Kevin [R-ND]

OregonSen. Merkley, Jeff [D-OR]Sen. Wyden, Ron [D-OR]

PennsylvaniaSen. Casey, Robert P., Jr. [D-PA]

Rhode IslandSen. Reed, Jack [D-RI]

VirginiaSen. Kaine, Tim [D-VA]

WisconsinSen. Baldwin, Tammy (D-WI]

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AlaskaRep. Young, Don [R-AK]

ArizonaRep. Gosar, Paul A. [R-AZ]Rep. Schweikert, David [R-AZ]

CaliforniaRep. Aguilar, Pete [D-CA]Rep. Brownley, Julia [D-CA]Rep. Carbajal, Salud O. [D-CA]Rep. Cardenas, Tony [D-CA]Rep. Chu, Judy [D-CA]Rep. Cisneros, Henry [D-CA]Rep. Costa, Jim [D-CA]Rep. Cox, TJ [D-CA]Rep. Davis, Susan A. [D-CA]Rep. Lee, Barbara [D-CA]Rep. Lowenthal, Alan S. [D-CA]Rep. Napolitano, Grace F. [D-CA]

Rep. Panetta, Jimmy [D-CA]Rep. Rouda, Harley [D-CA]Rep. Thompson, Mike [D-CA]

ConnecticutRep. DeLauro, Rosa L. [D-CT]Rep. Hayes, Jahana [D-CT]Rep. Larson, John B. [D-CT]

DelawareRep. Blunt Rochester, Lisa [D-DE]

District of ColumbiaRep. Norton, Eleanor Holmes [D-DC]

FloridaRep. Posey, Bill [R-FL]Rep. Soto, Darren [D-FL]

HawaiiRep. Case, Ed [D-HI]

IllinoisRep. Bost, Mike [R-IL]Rep. Bustos, Cheri [D-IL]Rep. Davis, Rodney [R-IL]Rep. LaHood, Darin [R-IL]Rep. Quigley, Mike [D-IL]Rep. Shimkus, John [R-IL]

IowaRep. Axne, Cynthia [D-IA]Rep. Finkenauer, Abby [D-IA]Rep. King, Steve [R-IA]Rep. Loebsack, David [D-IA]

KansasRep. Estes, Ron [R-KS]Rep. Marshall, Roger [R-KS]

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MaineRep. Pingree, Chellie [D-ME]

MarylandRep. Brown, Anthony G. [D-MD]Rep. Harris, Andy [R-MD]Rep. Ruppersberger, C. A. Dutch [D-MD]

MassachusettsRep. Trahan, Lori [D-MA]

MissouriRep. Long, Billy [R-MO]

MinnesotaRep. Craig, Angie [D-MN]Rep. Emmer, Tom [R-MN]Rep. Hagedorn, Jim [R-MN]Rep. McCollum, Betty [D-MN]Rep. Omar, Ilhan [D-MN]Rep. Peterson, Collin C. [D-MN]Rep. Phillips, Dean [D-MN]Rep. Stauber, Pete [R-MN]

NebraskaRep. Bacon, Don [R-NE]

NevadaRep. Titus, Dina [D-NV]

New HampshireRep. Pappas, Chris [D-NH]

New JerseyRep. Gottheimer, Josh [D-NJ]Rep. Kim, Andy [D-NJ]Rep. Malinowski, Tom [D-NJ]Rep. Pallone, Frank, Jr. [D-NJ]Rep. Pascrell, Bill, Jr. [D-NJ]Rep. Payne, Donald M., Jr. [D-NJ]Rep. Sherrill, Mikie [D-NJ]Rep. Sires, Albio [D-NJ]Rep. Smith, Christopher H. [R-NJ]Rep. Van Drew, Jefferson [R-NJ]Rep. Watson Coleman, Bonnie [D-NJ]

New YorkRep. Brindisi, Anthony [D-NY]Rep. Delgado, Antonio [D-NY]Rep. Espaillat, Adriano [D-NY]Rep. Katko, John [R-NY]Rep. Nadler, Jerrold [D-NY]Rep. Stefanik, Elise M. [R-NY]Rep. Tonko, Paul [D-NY]Rep. Zeldin, Lee M. [R-NY]

9

North CarolinaRep. Butterfield, G. K. [D-NC]Rep. Price, David E. [D-NC]Rep. Rouzer, David [R-NC]

OhioRep. Balderson, Troy [R-OH]Rep. Gibbs, Bob [R-OH]Rep. Ryan, Tim [D-OH]

OklahomaRep. Cole, Tom [R-OK]

PennsylvaniaRep. Cartwright, Matt [D-PA]Rep. Doyle, Brendan [D-PA]Rep. Fitzpatrick, Brian K. [R-PA]Rep. Keller, Fred [R-PA]Rep. Kelly, Mike [R-PA]Rep. Lamb, Conor [D-PA]Rep. Meuser, Daniel [R-PA]

Rep. Reschenthaler, Guy [R-PA]Rep. Scanlon, Mary Gay [D-PA]Rep. Smucker, Lloyd [R-PA]Rep. Thompson, Glenn [R-PA]Rep. Wild, Susan [D-PA]

Rhode IslandRep. Cicilline, David N. [D-RI]

South CarolinaRep. Cunningham, Joe [D-SC]Rep. Wilson, Joe [R-SC]

TennesseeRep. Cohen, Steve [D-TN]Rep. Rose, John W. [R-TN]

TexasRep. Gonzalez, Vicente [D-TX]Rep. Johnson, Eddie Bernice [D-TX]

WashingtonRep. Kilmer, Derek [D-WA]

WisconsinRep. Kind, Ron [D-WI]Rep. Steil, Bryan [R-WI]

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Opposition to industry specific relief Concern about the rising deficit Belief that worst of pandemic is over Belief that Paycheck Protection Program is sufficient Unspent CARES Act funds Some Members don’t think another bill is necessary ELECTION/POLITICS - 54 days to Presidential Election

11

Passed May 15 - $3.5 trillion in total relief

Education: $101 billion for K-12 and higher education - identical 18006 language including

continued payment to employees and contractors to the greatest extent practicable

Sanitation and cleaning of transportation vehicles eligible for funding, in addition to buildings

SBA PPP Reform: Extension of covered period from June 30, 2020 to December 31, 2020 Reserves 25% of PPP loans for companies under 10 employees Extends start of 8-week payroll period for forgiveness from receipt of loan out to 24

weeks or to December 31, 2020 Prohibits SBA from putting a limit on non-payroll portion for forgiveness (nullifies

the 75%-25%) Ensures any PPP is not taxable as gross income Adds eligibility for any refinanced debt

12

Main Street Lending Program Mandates that the Federal Reserve, through the Main Street Lending

Program, shall provide at least one low¬cost loan option that small businesses and small non-profits are eligible for that does not have a minimum loan size, overriding the current $500,000 minimum loan size to participate in the program

SBA Economic Injury Disaster Loan: Additional $10 billion

Hazard Pay: Critical essential workers for hazard pay includes private transportation

of people by bus

Pandemic Unemployment Insurance Extended $600 bonus benefit to January 31, 2020

13

Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act - $500 billion in relief – vote today

Liability protections for businesses and schools Adjustment to pandemic unemployment insurance to

$300 week bonus through the end of the year 2nd dip into PPP for businesses less than 300 employees

and a 35% reduction in gross revenue from 2019 Postal Service reforms $105 billion in education funding ($70 billion for K-12) –

same 18006 language to pay employees and contractors to maximum extent practicable

Additional funding for COVID-19 testing

14

Reviving the Economy Sustainably Towards A Recovery in Twenty-Twenty (RESTART Act)

S. 3814/HR 7481 Senate Leads: Senators Todd Young (R-IN) and

Mike Bennet (D-CO) House Leads: Congressmen Jared Golden (D-ME)

and Mike Kelly (R-PA) 140 House Cosponsors/54 Senate Cosponsors “PPP on Steroids” Has significant momentum

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Long-term loan program with forgiveness features Open to businesses with fewer than 5000 full time employees Six months of fixed operating costs, benefits and payroll to

maximum loan size capped at 45% of 2019 gross receipts or $12 million

7-year term with low interest rate; no payments in first year; no principal in first 2 years

Eligibility: payroll, benefits, fixed operating expenses (rent, utilities, interest on existing debt and mortgage payments) and PPE

Sponsors willing to add insurance to eligibility Share of loan forgivable based on revenue loss comparisons

16

Key Players: Speaker Nancy Pelosi Majority Leader McConnell Minority Leader Schumer Treasury Secretary Mnuchin White House Chief of Staff Meadows

Biggest Issue - Size of Bill: House Democrats $2.2 trillion Senate Majority $1 trillion White House $1.5 trillion

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Funding for State and Local Governments

Pandemic Unemployment Insurance

Limited Liability for Schools and Businesses

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Uncertain if Senate bill will pass today Uncertain if serious negotiations can resume for a bigger

package in next two weeks Bill may have to wait for lame duck session after election Important to continue to build support for CERTS Agreement on clean CR to fund government after October

1, 2020 to December 10, 2020 FAST Act reauthorization expires September 30, 2020 –

will be extended to September 30, 2021 19

Thank You!

Becky WeberManaging Director

202-530-4811becky.weber@prime-policy.com

For Questions –please use the “CHAT BOX”

CARINA NOBLE

GR COMMITTEE MEETINGS

MARK YOUR CALENDAR

NSTA President-Elect, GR Committee Chair (National Express)

2nd Thursday of each month at 11:00 AM (ET)

Next meeting is scheduled for September 17, 2020 at 12:00 PM (ET)

Interested in joining? Email: info@yellowbuses.org

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