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Public Interest Organizations Support Direct Sales and Service of Electric Vehicles A group of public interest organizations including the State PIRG Affiliates, R-Street, and many more, released a letter this week in support of direct sales and service of electric vehicles (EVs). Currently, a patchwork of legislation in the United States prohibit the direct sale…

France Introduces Incentives for Trading in Used Vehicles This week, France announced a new “Cash for Clunkers” program that incentivizes citizens to trade in their used vehicles for a 2,500 Euro ($2975) credit for an electric bicycle. This is the first program in the country that acknowledges a potential need for less vehicles on the…

Paycheck Protection Program (PPP) May Run Out of Money Before Deadline Last month, the Paycheck Protection Program (PPP) was extended from its original deadline of March 31 to its current deadline of May 31. However, the Small Business Administration (SBA) is now warning small businesses that the program may run out of money before the…

U.S. House of Representatives Scheduled to Vote on Gender Pay Equity Bill This Week The U.S. House of Representatives is slated to vote this week on H.R. 7, a bill that would seek to address gender wage discrimination. If passed, this legislation would require employers to demonstrate that any gap in wages between a male…

President Biden Announces American Jobs Plan Proposal Yesterday in Pittsburgh, PA, President Joe Biden announced his proposal for a sweeping infrastructure plan entitled The American Jobs Plan. In his remarks, President Biden stated that this plan would be “the largest American jobs investment since World War II”. The plan includes a proposed $174 billion investment…

U.S. Senate Passes PPP Extension to May 31 The U.S. Senate passed the PPP Extension Act of 2021 today in a vote of 92-7. This legislation extends the deadline for eligible businesses to submit applications for first or second-draw loans to their lender of choice to May 31, 2021. The program was originally slated to…

U.S. Senate Small Business Committee Holds Hearing on SBA Loan Programs The United States Senate Committee on Small Business held a hearing yesterday entitled “Oversight of SBA’s COVID-19 Relief Programs”. This hearing was intended to evaluate the progress of SBA COVID-19 Relief Programs including the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL)…