On the Hill

Big ‘I’ Legislative Conference Preview

The 2021 Conference will be held April 13-16 and will include addresses from members of Congress, a legislative update on key independent agent issues and more. Here is a preview of the issues Big “I” members will bring to Capitol Hill.

House Passes Legislation to Extend PPP Deadline

The legislation extends the Paycheck Protection Program to May 31 and provides an additional 30 days for the U.S. Small Business Administration to process loans submitted prior to the new deadline.

House Passes PRO Act

The Big “I” opposes the Protecting the Right to Organize Act in its current form and is working to seek an exemption from the ABC test for insurance agents and financial advisors.

Big ‘I’ Voices Concerns with PRO Act

Among other things, the Protecting the Right to Organize Act seeks to change the definition of “independent contractor” in a way that could cause significant disruption to the financial services and property-casualty insurance industries.