Second Stimulus Bill Contents

Funding for schools and child care. The 3 trillion heroes act contains a second round of 1 200 stimulus checks 200 billion in hazard pay for essential. To provide emergency assistance and health care response for individuals families and businesses affected by the 2020 coronavirus pandemic.

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The bill includes 284 billion for first and second forgivable loans from the paycheck protection program ppp which is intended to aid small businesses.

Second stimulus bill contents. And the second sentence of subsection b 2 of section 172. A bipartisan group of senators introduced a 908 billion covid stimulus proposal on tuesday. Congressional lawmakers put the finishing touches on a 2 trillion stimulus bill to respond to the coronavirus pandemic with cash and assistance for regular americans main street businesses and.

The second stimulus will include 15 billion for airline payroll support 10 billion for state highways another 2 billion for airports and related businesses and 1 billion for amtrak. The bill would provide 82 billion in aid for k 12 schools and colleges. Since the 900 billion stimulus bill that includes the second stimulus check won t be altered the irs and us treasury will continue to deliver new payments through direct deposit physical checks.

The bill would reopen the paycheck protection program so that some of the hardest hit small businesses can apply for a second loan. The house successfully passed a fourth stimulus relief package yesterday. The 900 billion second coronavirus stimulus relief bill package provides more economic stimulus for both individuals and businesses.

The program stopped taking applications for the first round of loans in august. What this means is additional measures have been added and existing measures under the cares act have been expanded. The bill would instate a 300 weekly federal unemployment benefit increase aid to small businesses.

The table of contents for this act is as follows. The bill was signed into law on december 27th 2020. The stimulus includes nearly 25 billion for food assistance including nearly 16 billion for snap and nearly 9 billion for child nutrition.

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