Stimulus Bill Money For States

After months of negotiations lawmakers finally settled on a 900 billion coronavirus relief bill in late december that included a follow up round of stimulus checks more unemployment and rental.

Stimulus bill money for states. President joe biden s 1 9 trillion stimulus plan will be introduced into the house of representatives on feb. Trump put off signing the covid relief bill for nearly a week calling the overall package a disgrace and demanding that congress raise the 600 per person payments for a second stimulus check. After months of negotiations republicans and democrats finally came to an agreement on a 900 billion covid 19 stimulus bill monday night but the bill includes much more than just relief for americans.

New stimulus bill includes 25 billion in rental assistance. In 2016 income tax accounted for more than 23 of state revenue. Biden s american rescue plan includes.

Institutions can use the stimulus money for lost revenue reimbursement for expenses technology costs due to the shift to online learning financial aid for students and more. That s a whole lot of money especially if you re. President donald trump on friday afternoon signed a 2 trillion stimulus deal aimed at softening the economic impact of the novel coronavirus.

That means they won t be able to count on that money for the current fiscal year which in most states ends on june 30th. 1 house speaker nancy pelosi said thursday. States have been instructed to prioritize very low income applicants whose income is at 50 or less of a given area s median income.

In response to continued inaction on capitol hill a handful of states have implemented their own covid 19 relief programs ranging from direct stimulus payments and small business relief to.