AGD Joins America’s Recovery Fund Coalition

  • by AGD Staff
  • May 15, 2020
Advocating for the needs of our members remains a top priority. To that end, AGD has joined America’s Recovery Fund Coalition — a wide-ranging group of over 100 entities pressing Congress to make additional capital available for businesses experiencing hardships due to COVID-19. AGD joined this Coalition to support the implementation of another federal funding mechanism that may help provide relief to dental practices.The coalition, which officially launched its campaign May 4, represents 30 business sectors that employ more than 58 million Americans, approximately 45% of the nation’s workforce.

Together, the coalition is advocating for a grant-based recovery fund to provide federal assistance that businesses can spend over an expanded period of time. Funding options like the Paycheck Protection Program (PPP) are well-intentioned, but AGD recognizes there are flaws within the system that make this option unattainable for some of our members. Businesses that receive relief from the recovery fund could cover more expenses in addition to payroll, such as paying rent, adapting to new requirements, meeting certain debt obligations, and paying state and local taxes.

AGD constituent leaders from Missouri, Delaware, Maryland and Oklahoma sent messages to members of Congress from their respective states, urging them to co-sponsor and introduce legislation for the Recovery Fund. The action of these constituents is very much appreciated, and may assist in securing sponsorship for the Recovery Fund Legislation.

Stay tuned for more updates on the coalition, including legislative advances and AGD involvement.

Learn more about the coalition here