Who We Are

We are a coalition of Minnesota employers who took the Paycheck Protection Program money due to the COVID-19 pandemic. Main street and small businesses have struggled during the past year, and are now being punished for taking out loans to help keep their doors open and Minnesotans employed. If full PPP tax conformity is not passed this session, our business community stands to lose $375 million. We can't afford to wait.

The Issue

When the federal government created PPP loans to help businesses survive the COVID-19 pandemic, they were not intended to be taxed. However, Minnesota businesses will be penalized with a 9.8 percent tax on their forgivable PPP loans if the State Legislature does not act and fully conform to federal tax code this session.

How to Help

Lawmakers must not play political games with more than 100,000 local businesses. They need to hear from you through videos, letters, emails and social media. When businesses come together to share their stories and highlight their impact on the community as employers and neighbors, it will show lawmakers how important full federal conformity is to Minnesota and encourage them to act now before time runs out.