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AAHOA Releases a Statement on the Passage of the Bipartisan Infrastructure Investment and Jobs Act

| Nov 08, 2021

Over the weekend, the House passed the $550 billion Infrastructure and Jobs Investment Act following the Senate’s passage of the bill back in August. This is a major win for President Biden’s economic agenda and it now awaits his signature to become law. While it is the most substantial long-term investment in America’s infrastructure in decades, AAHOA President & CEO Ken Greene said the following in an official press release: 

“America's hoteliers applaud Congress for working across the aisle to pass this historic infrastructure package. The Biden administration and members of Congress reaffirmed their commitment to our nation’s economic recovery in this long-term investment in the nation’s transportation and utility infrastructure. No bill is perfect and, unfortunately, the measure will terminate the employee retention tax credit once President Biden signs the bill into law... AAHOA maintains staunch opposition to this provision and we are disheartened to see the recovery efforts of small businesses disrupted at the cost of the infrastructure bill passing.”

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