Second Stimulus Bill Text

Cnn congressional leaders on monday released the text of a far reaching 900 billion covid 19 relief package.

Second stimulus bill text. While no additional state and local aid was provided an extension of the deadline by which the coronavirus aid relief and. Background on stimulus congress approved second stimulus bill 900 billion dec 28 th. The bill is the largest economic stimulus.

Text of the new 900 billion stimulus bill the measure is the second largest federal stimulus package after the 2 trillion cares act that congress approved in march. Increases taxable economic activity but state finances in dire straits. The massive legislation is one of the longest bills.

The us capitol building on december 20 2020 in washington dc. The full text of the bill ran almost 5 600 pages. Washington the senate has released the preliminary full text of the 2 trillion stimulus plan to blunt the economic effects of the coronavirus.

That s similar to the cares act but fewer higher earning taxpayers would qualify for the checks under this formula when compared with the earlier bill. A definition of covered period in this section the term covered period means the period beginning on march 1 2020 and ending on december 31 2020. Congressional leaders on monday released the text of a 5 593 page covid 19 stimulus package hours before a midnight government funding deadline.

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. Bill signed after lengthy negotiations stimulus checks small business aid covid 19 recovery possibly laying ground work for further stimulus why does this matter. While the package provides far more money for k 12 schools than the first stimulus bill in march.