Second Stimulus Bill 2020 Pdf
On december 27 2020 president trump signed the consolidated appropriation act 2021 the act although it includes 900 billion in stimulus relief in response to the covid 19 pandemic does not extend the paid leave requirements of the families first coronavirus response act ffcra beyond its expiration date of december 31 2020.
Second stimulus bill 2020 pdf. 3 to this act contained in any division of this act shall 4 be treated as referring only to the provisions of that divi 5 sion. Bipartisan emergency covid relief act of 2020 framework summary december 9 2020. The second package brings total support to 189 billion comprising the first stimulus package the reserve bank s initiatives already announced federal government measures to deliver easier access to finance and 66 billion in sunday s announcement.
The coronavirus aid relief and economic security act also known as the cares act is a 2 2 trillion economic stimulus bill passed by the 116th u s. O language prohibiting states from using any funds to support vouchers or tax credit scholarship programs 22 7 billion for the higher education emergency relief fund o 20 2 billion for public and private non profit institutions of higher education including those. After an eight month stop and start test of endurance congress passed a 900 billion covid relief and 1 4 trillion government funding package that gives critical pandemic aid to americans while securing federal agency operations through september 2021.
While no additional state and local aid was provided an extension of the deadline by which the coronavirus aid relief and. Funding to allow to allow the hardest hit small businesses to receive a second forgivable. Act funds will.
3 to this act contained in any division of this act shall 4 be treated as referring only to the provisions of that divi 5 sion. Congress and signed into law by president donald trump on march 27 2020 in response to the economic fallout of the covid 19 pandemic in the united states. B increased eligibility for certain small businesses and organizations 1 i n general during the covered period any business concern private nonprofit organization or public nonprofit organization which employs not more.
6 division a second coronavirus pre 7 paredness and response supple 8 mental appropriations act 2020 9 the following sums are hereby appropriated out of 10 any money in the treasury not otherwise.