Stimulus Relief Bill Status
This is not a 1 8 trillion stimulus bill.
Stimulus relief bill status. Even if you received a 1200 check in the spring of 2020 you may have. The coronavirus relief bill extends and modifies several provisions first enacted in the cares act congress s 2 2 trillion pandemic relief law that was passed in march. The amount of new money is.
On december 28 the u s. Lawmakers struck a nearly 900 billion covid 19 stimulus deal sunday that includes another round of stimulus checks and badly needed jobless benefits for struggling americans ending a long. Stimulus check qualifications were more generous with a second round than the first and the trend could continue with a third payment.
With this package lawmakers will have responded to the coronavirus and related economic hardship with a record setting 3 trillion of fiscal support. If you qualify for the second stimulus check jan. 15 was the last day for the irs to automatically send the relief checks by direct deposit to bank accounts and as physical checks and eip.
Based on previous stimulus money payouts and assuming congress passes a new relief bill by mid february the checks could arrive in bank accounts by late february although that would likely be a. Here s where eligibility requirements stand right now. Breaking down the 900b stimulus package and 1 4t omnibus bill.
The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass. House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. This is a relief measure half that amount he also says that 908b pricetag includes repurposing 560b in cares.