COVID-19 Policy Updates


At this time of global concern, NAMM continues to monitor and post developments related to COVID-19 (coronavirus) and the advisements from the Centers for Disease Control (CDC), the National Institute of Health (NIH) and the World Health Organization (WHO), among others, daily. We encourage NAMM members from outside the USA to contact their domestic business administration institutions and/or Chamber of Commerce, as well as their local music industry associations to learn about assistance available in your countries. 

Please visit this page regularly.


COVID-19 Small Business Relief Part II

Tuesday, March 31, 2020
12 pm PDT/3 pm EDT
Register in advance here.
1,000 seats are available. After registering, you will receive a confirmation email containing information about joining the webinar.

NAMM will host part two of our COVID-19 Small Business Relief Webinars, providing important, time-sensitive employer and employee information in the ‘Coronavirus Aid, Relief and Economic Security’ (CARES) Federal stimulus plan signed by the President on Friday, March 27. The information in the part two webinar will supplement the details provided in our part one webinar hosted on March 24 and recorded here.

Moderated by Public Affairs and Government Relations Director Mary Luehrsen. Guests include Nelson Mullins Managing Director, Public Strategies Group Chris Cushing, Nelson Mullins Managing Director, Federal Strategies Team Jennifer Pharaoh, and Nelson Mullins Policy Advisor Connie Myers.

NAMM COVID-19 Small Business Relief Part I - Webinar Recording

On Tuesday, March 24, NAMM presented important updates regarding the current Federal and State Relief for Businesses impacted by the  COVID-19 crisis. Topics: Federal Aid State of Play, SBA Economic Injury Disaster Loan Program, Expanded Paid Sick and Family leave, Expanded Unemployment Assistance, Tax Filing / Payments Deferral and NAMM Member Resources.  View the recorded webinar here.  


March 20, 2020: Families First Coronavirus Act: paid sick and family leave

On March 18, the Families First Coronavirus Act was signed into law by President Trump.  The Act requires most private employers with fewer than 500 employees to provide paid sick and family leave to employees affected by the Coronavirus.  It also reimburses businesses, through the use of payroll tax credits, to cover the costs of providing such leave.  The Act takes effect on April 2, 2020.  In the meantime, businesses are waiting on the Department of Labor and Department of Treasury to issue more detailed guidance about the new leave program’s implementation.

The expanded sick and family leave requirements are designed to be temporary; the program sunsets on December 31, 2020.  

The Act contains many detailed provisions, including some limited exceptions.  To help you navigate this new law, we have summarized some of its key provisions that may affect your business and your employees.  See also, the Employer’s Quick Guide to the Families First Coronavirus Response Act

March 19, 2020: Treasury and IRS Issue Guidance on Deferring Tax Filing and Payments until July 15, 2020 

Following President Trump’s emergency declaration, the U.S. Treasury Department and Internal Revenue Service (IRS) issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest. The guidance also allows corporate taxpayers a similar deferment of up to $10 million of federal income tax payments that would be due on April 15, 2020, until July 15, 2020, without penalties or interest. A stimulus package being negotiated in the Senate would move that deadline back even further to Oct. 15. NAMM is monitoring this evolving issue and will continue to post updates here.

IRS Guidelines for COVID-19 relief - from easing payment guidelines to postponing compliance actions.

March 17, 2020: SBA’s Economic Injury Disaster Loan Program

The Small Business Administration’s (SBA) disaster loan product that’s being used to provide financial aid during COVID-19 situation is the Economic Injury Disaster Loan Program. Small business owners in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus. 

These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. At an interest rate is 3.75% for small businesses, 2.75% for non-profits, SBA offers terms of up to 30 years.

View the time-line, filing requirements and a list of documents required, Here  For additional information, Members can contact the SBA disaster assistance customer service center. 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail  Small Business Administration Contact Information – Local Assistance Search Tool

March 12, 2020: Unemployment Benefit Expanded to Cover COVID-19 Related Worker Displacement

Unemployment Benefits Guidance was expanded on March 12, giving states the flexibility to expand their unemployment benefits coverage to include COVID-19 related worker displacement. These changes are being made at the state level. Some states have announced their intention to also develop new support for self-employed workers who are not eligible for unemployment benefits. As unemployment benefits are managed at the state level, consult your state department of labor for more details.

NAMM is monitoring this evolving issue and will continue to post updates here. Please visit this page regularly.

Additional Resources


Employees and Independent Contractors

General Information

More Updates

  • Update, 3/17/20: U.S. Chamber of Commerce COVID-19 Resources: Key Messages, Aid Trackers, Social Media Assets, Flyer Templates and more.

    U.S. Chamber of Commerce Resources

    Corporate Aid Tracker: The business community is mobilizing its expertise, capabilities, and community resources to assist with the relief and containment efforts, and the U.S. Chamber is providing a Corporate Aid Tracker, which can be found here.


    Citi is helping customers affected by the Coronavirus outbreak with assistance programs, available 24/7, to help with credit line increases and collection forbearance. Citi has also made a number of enhancements that make it easier to manage your account digitally. Beginning March 9 and for “an initial 30 days” Citibank said it would waive monthly service fees and penalties for early CD withdrawal for regular and small business customers.

    Nextdoor has worked with leading small business organizations to compile top tips to help preparations for the ongoing COVID-19 outbreak. You can find Nextdoors suggested steps here ​​​​​​.​

    The Wells Fargo Foundation announced up to $6.25 million in donations to support domestic and global response to the coronavirus (COVID-19) and to aid public health relief efforts. The philanthropic funding includes $1 million for the National Centers for Disease Control and Prevention’s Emergency Relief Fund and $250,000 to the International Medical Corps for their work in more than 30 countries. The company will also donate up to $5 million at the local level to help address community-specific needs in the coming months...

    US Chamber Coronavirus Toolkit


    Customizable COVID-19 Flyer for the Workplace

    The U.S. Chamber has compiled CDC’s coronavirus recommendations for businesses and workers across the country. We continue to encourage American businesses to follow data-based guidance from the CDC and state and local officials. Below, you’ll find a sharable graphics based on the CDC’s latest guidance for businesses and employees. We encourage you to share these assets on social media, websites, and other channels, and send them to your colleagues and employees. 

    Above the Fold LIVE Coronavirus Blog: Administration Calls for $850B in Emergency Stimulus


    The Trump administration is reportedly asking Congress to approve a massive economic stimulus package of around $850 billion to blunt economic damage caused by the coronavirus pandemic, according to sources cited by The Washington Post. 

    “The package would be mostly devoted to flooding the economy with cash,” The Post reports, including a payroll tax cut or other mechanism, with around $50 billion directed specifically to support the airline industry. 

    The Chamber a day earlier called on the administration and Congress to cancel the payroll tax through May among a series of proposals meant to support businesses and workers. 

    Letter to U.S. Government Leaders on Coronavirus Response Issued March 16, 2020


    • First, enact legislation cancelling the payment of all payroll taxes typically paid by employers for the months of March, April, and May. 
    • Second, enact legislation expanding and streamlining loan programs for small businesses with fewer than 500 employees experiencing revenue loss as a result of the Coronavirus. 
    • Third, enact legislation enabling the creation of credit facilities to provide loans and loan guarantees to employers with more than 500 employees experiencing significant revenue loss as a result of the Coronavirus.
    • Taken together, these three steps, in addition to the other actions outlined in the appendix to this letter, will ensure that businesses of all sizes and across all sectors have increased liquidity and access to necessary financing to help them weather the temporary loss in revenue caused by the Coronavirus.

    U.S. Chamber of Commerce Policy recommendations


    As the economic impact of the virus grows, we are pushing our government leaders here in Washington to quickly take several commonsense steps to aid to businesses and workers alike. Our recommendations include:

    • Advocating for immediate unemployment benefits for those who are displaced from their jobs and lack income to make ends meet.
    • Supporting a tax credit to help businesses continue to pay people even if they can’t be on the job due to quarantines, closings, or limited operations. 
    • Calling for low- to no-interest business loans to cover lost revenue as a result of the outbreak.

    Disaster Relief Helpdesk from the U.S. Chamber of Commerce Foundation: 888-MY-BIZ-HELP


    The Disaster Help Desk for Business advises on:

    • Readiness for minor and major disasters, ranging from fires and floods to massive natural disasters.
    • Relief information for those immediate days and months after a disaster strikes your business, including federal resources.  
    • Long-term recovery advice and connections to others who can help you create a path to re-opening and staying open after a disaster.

    Business Resilience 101 Workbook


    Resilience in a Box is based on best practices and designed to educate newcomers on business resilience. Small businesses are both highly vulnerable and can be without adequate resources to focus on preparedness actions. These resources will guide companies toward addressing preparedness issues while building in flexibility to handle potential business interruptions.

    The Resilience in a Box program is a collaborative partnership between the UPS Foundation, the U.S. Chamber of Commerce Foundation, the World Economic Forum (WEF), and the Disaster Resistant Business (DRB) Toolkit Workgroup.