Last Chance to Secure an Aviation Payroll Grant!
November 10, 2021 Leave a comment
Your final opportunity to apply for the Aviation Manufacturing Jobs Protection (AMJP) program is coming up right now!
The U.S. Department of Transportation (DOT) re-opened the AMJP program application process one last time, beginning this week, Monday, November 8, 2021 and ending on Monday, December 13, 2021 (at precisely 7:59 p.m. Eastern time).
For those who might not remember, the AMJP provides grants to aviation manufacturers and repair stations to assist in their payroll. For the ASA community members who are performing manufacturing or maintenance, this is an important opportunity to obtain funding that Congress has set-aside specifically for the aviation community.
You can find out more at the program website: https://www.transportation.gov/amjp.
For this final round of applications, DOT will process applications in the order received, so please submit them expeditiously.
Effect of the Employee Retention Tax Credit
DOT has decided to reopen the application process because of continued questions about the relationship between the AMJP and the Employee Retention Tax Credit (ERTC) programs.
Although the American Rescue Plan Act of 2021 authorized the continuation of ERTCs beyond July 1, 2021, it did so through a separate statutory provision, rather than extending the original provision under the CARES Act. ERTCs accrued after July 1, 2021 do not affect DOT’s ability to award an AMJP agreement to an otherwise eligible applicant.
Resources
The following articles provide valuable background information on this program: