Tribal Consultations on CARES ACT Paycheck Protection Program and Employee Retention Credit, Tuesday, April 14 , 2020

U.S. Department of the Treasury Tribal Consultations-CARES Act

Tuesday, April 14, 2020

Tribal Consultation regarding Tribal Employers’
Participation in the CARES Act Paycheck Protection Program

1:30 p.m. ET to 2:30 p.m. ET

Tribal Consultation regarding Tribal Businesses’
Eligibility for the CARES Act Employee Retention Credit

3:00 p.m. ET to 4:00 p.m. ET

The Department of the Treasury (Treasury Department) will hold Tribal Consultations on Tuesday, April 14, 2020, to engage tribal leaders wishing to comment on two provisions of the CARES Act:  1) the Paycheck Protection Program, and 2) the Employee Retention Credit.

These meetings are Tribal Consultations with primary tribal leaders or their designee.  The Tribal Consultations are off the record and not for press purposes.  Primary tribal leaders are invited to provide comments and questions.

The Tribal Consultation on Tribal Employers’ Participation in the CARES Act Paycheck Protection Program will be held Tuesday, April 14, 2020, from 1:30 p.m. ET to 2:30 p.m. ET.  The consultation will be held jointly with the U.S. Small Business Administration (SBA).

Tribes have requested that Treasury and the SBA host a tribal consultation to provide comments regarding tribal employers’ participation in the Paycheck Protection Program administered by the Small Business Administration, in consultation with the Treasury Department.  Treasury and the SBA welcomes the opportunity to hear from tribal leaders about this matter.

Primary tribal leaders are invited to address their concerns to Treasury.  When joining the call, please let the operator know that you are a primary tribal leader and would like to make comments.  All others are invited to join in listen-only mode.

Call-in number and passcode:  1-877 917-4910, code 8047202

Conference number:  1204792

The Tribal Consultation on Tribal Employers’ Eligibility for the CARES Act Employee Retention Credit will be held Tuesday, April 14, 2020, from 3:00 p.m. ET to 4:00 p.m. ET

Tribes have requested that the Treasury Department and the IRS clarify whether tribal businesses are eligible to claim the Employee Retention Credit under the CARES Act.  This tax credit encourages eligible employers not participating in the Paycheck Protection Program and that operated a trade or business to keep their employees on payroll, despite experiencing economic hardship related to COVID-19.  Eligible employers may qualify for a refundable tax credit that partially reimburses them for the wages that they pay their employees, up to specified limits.  Treasury welcomes the opportunity to hear from tribal leaders about this matter.

Primary tribal leaders are invited to address their concerns to Treasury.  When joining the call, please let the operator know that you are a primary tribal leader and would like to make comments.  All others are invited to join in listen-only mode.

Call-in number and passcode:  1-888 957-9845, code 1480655

Conference number:  1204890

If you have difficulty registering or have any other inquiries concerning the Listening Session meeting, please email tribal.consult@treasury.gov.

Written comments are always welcome at tribal.consult@treasury.gov.  If you have any questions, please email us at tribal.consult@treasury.gov.  

Yours truly,

Michael Faulkender

Treasury Point of Contact for Tribal Consultation