Prime Cost Management:
The LRA has been working with local, state and national lawmakers and lobbyists to help direct the narrative and push through legislation in support of restaurant companies. We have been heard and supported across the board – with important progress on 2 gateway points:
Our SIF Trustees declared a dividend for 2019 for specific fund years that has historically been distributed in April of the following year. Presently, we cannot confirm the specific date dividends will be processed. We expect they will be made during April and will update our website when the date is determined.
The plan now must go to the House. You can read more here. Details of the plan include:
The LRA has aggressively pushed for inclusion of Senator Rubio’s (R-FL) relief plan, which would use private banks to make quick SBA-backed loans to business. Proposed details include: