ORLA Proposed Relief Efforts
The concepts below represent priority items for Oregon’s hospitality sector. Our goals as an industry are focused on (1) retaining as many staff as possible in the current environment, (2) creating and preparing operational recovery plans, and (3) bringing as many Oregonians back on payrolls across the state as soon as financially possible.
Commercial Rent Relief & Flexibility for Commercial Mortgage Backed Securities (CMBS)
Assist Oregon Hospitality businesses with retaining cash wherever possible to save jobs still on payrolls around the state.
Oregon Hospitality Recovery & Grant Program
Launch a multi-faceted recovery initiative with expanded emergency grants to broaden access for time-sensitive grants originally made available through Oregon’s Rapid Response Team in the Office of Workforce Investments.
Corporate Activity Tax (CAT) Delay
Assist Oregon Hospitality businesses in avoiding tax payments which will directly impact available cash on hand for fixed costs and employee paychecks.
The most immediate, pressing issue restaurants and lodging properties have today is cash flow. One of the most important actions the Legislature can take is to help businesses keep people employed by passing immediate relief from the new Corporate Activities Tax.
Requiring CAT tax payments in April will be the absolute worst timing possible for struggling businesses during this crisis. Companies will be forced to pay this tax instead of paying employees, meaning more layoffs for the hospitality industry.
We urge you to:
Predictive Scheduling Relief
Provide immediate relief from penalties associated with Oregon’s statewide scheduling law. It is extremely difficult for businesses to predict workforce needs in this uncertain time. To effectively continue and rebuild operations, flexibility in scheduling employees will prove to be crucial.
Allow waiver of ORS 653.428 and ORS 653.450:
SBA No Interest Loans through Business Oregon
No interest loans in addition to available grants will be key to assisting hospitality businesses on their path to recovery. Loans (even with no interest designations) will be difficult to manage for many small businesses. Deferring debt to a later date may help some if long term repayment plans can be established as a glide path to recovery.
Small Business Immediate Loans for Paid Family Medical Leave Act (PFML) and Emergency Paid Sick Leave (PSL)
The following companies have signed on to support the proposed relief efforts:
BUSINESS IMPACT SURVEY
ECONOMIC IMPACT SURVEY