U.S. Reps. Brian Fitzpatrick and Seth Moulton introduced the Save Organizations that Serve America Act. The legislation would provide emergency funding for nonprofits and create a universal charitable deduction. The representatives will also advocate for nonprofits of any size to qualify for newly created Small Business Administration loans. The legislation has the support of leading American nonprofits from across the country, who added their voices to call for the legislation’s swift passage.
“Charitable organizations in my community and across our nation are hurting. In times like these, we must support these critically important organizations that serve our most vulnerable citizens,” Fitzpatrick said. “The focus of our efforts to save America’s small businesses must include all of our nonprofit organizations. Our community and our nation, and those most in need, cannot survive without them.”
There are 12 million people working for America’s charities in jobs such as food banks, shelters, domestic violence services, houses of worship, early care and education centers and after-school facilities. They are being called on to feed, house and care for people whose lives have been disrupted by closures, job loss and sickness.
With millions of jobs and services at risk, the SOS America Act would ensure that nonprofits are not left behind in disaster relief legislation by providing $60 billion in emergency assistance and creating a robust universal charitable deduction. Moulton and Fitzpatrick plan to amend the legislation to ensure all nonprofits qualify for the new SBA loans by removing the 500-employee caps.
