UMA Recognizes U.S. Senators For Introduction Of CERTS Tax Exemption Act S.1944
In a recent statement, The United Motorcoach Association (UMA) officially thanked U.S. Senators Jack Reed (D-RI) and Marsha Blackburn (R-TN), along with U.S. Senators Susan Collins (R-ME), Bob Casey (D-PA), Steve Daines (R-MT) and Jean Shaheen (D-NH) for their support in introducing the CERTS Tax Exemption Act S.1944 for the first time in the United States Senate.
“The motorcoach industry lost nearly half of its companies due to the pandemic. For the survivors that remain, the bill would correct an unfair disparity in tax treatment of CERTS funds as compared to all other COVID relief funds Congress provided,” according to the UMA statement.
“UMA strongly appreciates the bipartisan support on this issue as the industry continues to recover and rebuild,” UMA President & CEO Scott Michael said.
The UMA statement added: “The motorcoach industry provides essential transportation services to the public and is in our communities’ interest for the industry to be strong and thriving. Employing thousands, motorcoaches move military troops, evacuate people out of harm’s way of natural disasters, provide commuter service, transport kids to field trips and sporting activities, and support travel and tourism across the country. These businesses were some of the first to shut down in 2020 and were among the last to fully recover.”