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Better Your Community By Serving on a City or State Board or Commission

​There’s power in the voices of the business community and our members! Amplify your voice by serving on a city or state board or commission. This is the perfect opportunity for passionate community members to see direct results from their volunteer time.…
There’s power in the voices of the business community and our members! Amplify your voice by serving on a city or state board or commission. This is the perfect opportunity for……
https://www.cedarrapids.org/about-us/news/2020/02/better-your-community-serving-city-or-state-board-or-commission

Federal Reserve Announces Aid to Mid-Size Businesses

​The Federal Reserve announced Thursday, April 9, that it will provide up to $2.3 trillion in loans to support the economy, including $600 billion in loans for businesses through the Main Street Lending Program. This will be provided through banks for bus…
The Federal Reserve announced Thursday, April 9, that it will provide up to $2.3 trillion in loans to support the economy, including $600 billion in loans for businesses through t……
https://www.cedarrapids.org/about-us/news/2020/04/federal-reserve-announces-aid-mid-size-businesses

Congress Eyes Fourth Recovery Package, More Money for the Paycheck Protection Program

​As Congress looks toward a possible fourth recovery package, a recent proposal to add more money to the PPP aimed at small business recovery was blocked. The Economic Alliance, along with our statewide and national partners, will continue to advocate for…
As Congress looks toward a possible fourth recovery package, a recent proposal to add more money to the PPP aimed at small business recovery was blocked. The Economic Alliance, al……
https://www.cedarrapids.org/about-us/news/2020/04/congress-eyes-fourth-recovery-package-more-money-paycheck-protection-program

Additional Funding for Federal Business Relief Programs

​President Trump officially signed a $484 billion bill today that includes $310 billion in additional funding for the Paycheck Protection Program (PPP) and $60 billion in additional funding for the Economic Injury Disaster Loans (EIDL).
President Trump officially signed a $484 billion bill today that includes $310 billion in additional funding for the Paycheck Protection Program (PPP) and $60 billion in additiona……
https://www.cedarrapids.org/about-us/news/2020/04/484b-additional-funding-federal-program-signed-president-trump

​More Questions Answered on the Paycheck Protection Program

The Internal Revenue Service (IRS) released Notice 2020-32 earlier this month which answers question about business deductions for expenses with PPP funds. The Notice provides that businesses will not be able to claim a deduction for expenses paid with PP…
The Internal Revenue Service (IRS) released Notice 2020-32 earlier this month which answers question about business deductions for expenses with PPP funds. The Notice provides tha……
https://www.cedarrapids.org/about-us/news/2020/05/more-questions-answered-paycheck-protection-program

Additional Financial Relief Options for Businesses: Main Street Lending Program and Employee Retention Tax Credit

​Businesses are still able to take advantage of other federal financial relief option if they did not apply or qualify for a PPP. Some of those options include the Main Street Lending Program and the Employee Retention Tax Credit.
Businesses are still able to take advantage of other federal financial relief option if they did not apply or qualify for a PPP. Some of those options include the Main Street Lend……
https://www.cedarrapids.org/about-us/news/2020/05/additional-financial-relief-options-businesses-main-street-lending-program-and-employee-retention-tax-credit

​Next Phase of Federal Financial Aid Package

House Democrats and Senate Republicans continue to separately hash out details on their versions of the next federal stimulus legislation. House Speaker Pelosi announced the House may act as soon as Friday, while Senate Majority Leader McConnell indicated…
House Democrats and Senate Republicans continue to separately hash out details on their versions of the next federal stimulus legislation. House Speaker Pelosi announced the House……
https://www.cedarrapids.org/about-us/news/2020/05/next-phase-federal-financial-aid-package

Governor Reynolds Announces Additional Easing of Restrictions

​Governor Reynolds announced today easing more restrictions for Iowa businesses, including Linn, Benton, Iowa, Johnson and Washington counties. Today’s announcement updates the previous public health proclamation that was set to expire on Friday and furth…
Governor Reynolds announced today easing more restrictions for Iowa businesses, including Linn, Benton, Iowa, Johnson and Washington counties. Today’s announcement updates the pre……
https://www.cedarrapids.org/about-us/news/2020/05/governor-reynolds-announces-additional-easing-restrictions

The Economic Alliance and Business Partnership Release COVID-19 Recovery State Policy Focus

​The Cedar Rapids Metro Economic Alliance and the Iowa City Area Business Partnership’s advocacy strategies remain focused on pro-growth policies as we pivot to a post-pandemic reality. With our members’ recovery needs in mind, and as the Iowa legislature…
The Cedar Rapids Metro Economic Alliance and the Iowa City Area Business Partnership’s advocacy strategies remain focused on pro-growth policies as we pivot to a post-pandemic r……
https://www.cedarrapids.org/about-us/news/2020/05/economic-alliance-and-business-partnership-release-covid-19-recover-state-policy-focus

Iowa’s Hemp Act Approved by USDA, Iowa Farmers Can Grow Hemp in 2020 Growing Season

Hemp production may usher in a whole new industry in Iowa, with impacts reaching far beyond the producers and manufacturers of the crop. As an organization that works to drive economic growth, supporting pro-growth business regulations, as well as clarity…
Hemp production may usher in a whole new industry in Iowa, with impacts reaching far beyond the producers and manufacturers of the crop. As an organization that works to drive eco……
https://www.cedarrapids.org/about-us/news/2020/06/iowas-hemp-act-approved-usda-iowa-farmers-can-grow-hemp-2020-growing-season

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