News COVID-19

ACA Joins America's Recovery Fund Coalition

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May 4, 2020—The Auto Care Association (ACA) has joined the America's Recovery Fund Coalition, an alliance of more than 100 trade associations and businesses advocating for a grant-based federal assistance program to power the American enterprise, according to an ACA press release.

The coalition believes Congress must urgently create a federal direct assistance fund to provide rapid liquidity to businesses impaired by the COVID-19 national emergency.

The coalition stated:

“Existing programs like the Paycheck Protection Program were a well-intentioned effort to help defray the impact of the COVID-19 economic crisis, but we must build upon the current options and address the overwhelming need for additional capital support to businesses."

 

 

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