Stimulus Package Heroes Fund
2020 cares act march 2020 revised heroes act oct.
Stimulus package heroes fund. The new federal fund would partner with entities designated as an eligible employer states localities tribes and certain private sector employers to issue the funds premium payments to eligible workers. The bill would establish a 200 billion heroes fund to ensure that essential workers receive hazard pay. House of representatives flew into town last friday and passed a 3 trillion stimulus package called the health and economic recovery omnibus emergency solutions heroes act on mostly partisan lines.
Similar to the first major coronavirus aid package signed into law in late march the 1 815 page heroes act would provide up to 1 200 in payments or 2 400 for married couples with an extra. 2020 total cost of stimulus package. The more than 1 800 page package includes over 1 trillion in relief for state and local governments around 200 billion in hazard pay for essential workers called the heroes fund and 75.
You might say that the bill has a little of everything but at 3 trillion it s more accurate to say it has a lot of everything. Frontline federal employees would also be granted the new benefit of up to 25 000. In response the house put forward and passed the heroes act which provides a second round of 1 200 stimulus checks and 200 billion in hazard pay for essential workers.