Last week, the RV Industry Association sent a letter to the House of Representatives and Senate leadership supporting provisions of the RESTART Act in any future COVID-19 relief package. The industry said it supports this legislation, which aims to enhance the Paycheck Protection Program by ensuring that more of the hardest-hit small- and medium-sized businesses can access vital assistance.
If passed, the RESTART Act would provide funding to cover six months of payroll, benefits, and fixed operating expenses for businesses that have taken revenue hits due to COVID-19. The Senate bill currently has 51 cosponsors while the House bill has 78.
“We applaud Senators Young and Bennet for leading the way to promote principles that will help more businesses with liquidity to get up and running again as the nation recovers,” said RV Industry Association Senior Manager of Government Affairs Samantha Rocci. “The principles included in this Act will help ensure that many small and medium-sized RV businesses can stay afloat as we see more and more Americans expressing an interest in the RV lifestyle.”