Bloomberg Tax
Aug. 4, 2020, 8:46 AM

CARES Act Lobbying Success Paves Way for Companies’ Next Asks

Lydia O'Neal
Lydia O'Neal
Reporter

Companies and trade groups have reported major benefits from provisions in a late-March virus relief package, and their lobbying efforts continued after the law’s enactment.

The next relief legislation, over which Republicans and Democrats recently kicked off negotiations, may not be as sweeping as the $2 trillion CARES Act (Public Law 116-136), but Senate Republicans last week called for continuation of some elements, including checks for American families and forgivable loans for businesses.

Which tax breaks will make it into final legislation that can pass the Democrat-controlled House and the Republican-controlled Senate remains unclear, but lobbying disclosure ...

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