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Press Release: Downing Secures $2.3 Million for Shodair Children’s Hospital Through Employee Retention Credits

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Congressman Troy Downing announced $2.3 million funding for Shodair Children's Hospital through the Employee Retention Credit program.

Quiver AI Summary

Shodair Children’s Hospital has received $2.3 million from the IRS as part of the Employee Retention Credit Program, aimed at assisting organizations affected by the COVID-19 pandemic. The hospital's leadership had previously taken measures to retain staff during the pandemic, including temporary pay cuts to avoid layoffs.

Rep. Troy Downing remarked, “This outcome is a shining example of the impact constituent services can make in our communities,” while Shodair's CEO, Craig Aasved, expressed gratitude for Downing's support, emphasizing the funds will enhance service delivery to families in need.

These funds were reclaimed after nearly two years of processing time. Downing's office facilitated the recovery of the funds after they had been lingering in the IRS for a significant period, highlighting ongoing challenges in healthcare amidst the pandemic's lasting effects.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Troy Downing Net Worth

Quiver Quantitative estimates that Troy Downing is worth $8.9M, as of September 22nd, 2025. This is the 117th highest net worth in Congress, per our live estimates.

Downing has approximately $635.0K invested in publicly traded assets which Quiver is able to track live.

You can track Troy Downing's net worth on Quiver Quantitative's politician page for Downing.

Troy Downing Bill Proposals

Here are some bills which have recently been proposed by Troy Downing:

You can track bills proposed by Troy Downing on Quiver Quantitative's politician page for Downing.

Troy Downing Fundraising

Troy Downing recently disclosed $206.5K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 418th most from all Q2 reports we have seen this year. 70.2% came from individual donors.

Downing disclosed $263.0K of spending. This was the 193rd most from all Q2 reports we have seen from politicians so far this year.

Downing disclosed $163.4K of cash on hand at the end of the filing period. This was the 705th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Troy Downing's fundraising on Quiver Quantitative.

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