H.R. 133 Offers Relief, Opportunities and Challenges Going into 2021

December 23, 2020

The $2.3 trillion Consolidated Appropriations Act, 2021 (H.R. 133) provides badly needed COVID economic relief, construction market stimulus and a forward-looking prospect for market recovery in public sector infrastructure investments as the pandemic recedes. In a memo to the MCAA Government Affairs Committee, Chair Jim Gaffney provided a summary digest of the items most likely to impact MCAA members and the MCAA policy agenda. The President is seeking greater individual stimulus checks, so there may be an amendment or veto, but this summary will stand for most of what will be the final result. Correction: The latest COVID relief measure signed into law Sunday does not extend the requirement that employers offer paid sick and family leave as required under the Families First Coronavirus Relief Act passed last March as erroneously reported in the MCAA summary published in the Weekly Update on December 28, 2020. The latest COVID bill extends only the availability of the refundable tax credit as under the FFCRA until the end of March 2021 for those employers voluntarily providing such paid leave after December 31, 2020. MCAA regrets the error.

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We are almost there - registration opens on March 8. By moving to virtual, we are able to pack in 3x as many speakers, roundtables and content for a much lower price. But wait, there's more, we are also partnering with @necanet and @SMACNA to make this a full MEP conference.

How much space do you need to fabricate? @NorthMechanical in Indy ran 24 miles of pipe through their 20,000 sf. fab shop last year on one project using technology, organization and determination. Learn more at next week's webinar, free to MCAA members. https://www.mcaa.org/events/calendar/fabrication-virtual-mini-ii-north-mechanical/

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