What's in the $1.9 Trillion COVID Relief Bill for You?
The $1.9 trillion COVID-19 relief bill provides financial assistance to individuals, families, and businesses affected by the pandemic. Learn what's in the bill and how you can benefit from it.
Save 90% on your legal bills
What's in the $1.9 Trillion COVID Relief Bill for You?
The $1.9 trillion COVID-19 relief bill, also known as the American Rescue Plan, was signed into law on March 11, 2021. The bill provides financial assistance to individuals, families, and businesses affected by the pandemic.
Unemployment Benefits
The bill extends unemployment benefits through September 6, 2021, and provides an additional $300 per week in benefits.
Stimulus Checks
The bill provides a one-time payment of up to $1,400 per person, with an additional $1,400 for each dependent.
Child Tax Credit
The bill increases the child tax credit to $3,000 per child, and provides a refundable credit of up to $1,000.
Health Insurance Subsidies
The bill provides subsidies for health insurance premiums, making it more affordable for individuals and families to purchase coverage.
Small Business Loans
The bill provides additional funding for the Paycheck Protection Program (PPP), which provides loans to small businesses to help them retain employees.
State and Local Government Funding
The bill provides $350 billion in funding for state and local governments, which can be used to support public services and infrastructure.
A National Mask Mandate
The bill requires individuals to wear masks in public settings, including on public transportation and in airports.
A National Testing Program
The bill provides funding for a national testing program, which will help to identify and contain outbreaks of COVID-19.
A National Contact Tracing Program
The bill provides funding for a national contact tracing program, which will help to identify and notify individuals who have been in contact with someone who has tested positive for COVID-19.
In Conclusion
In conclusion, the $1.9 trillion COVID-19 relief bill provides significant financial assistance to individuals, families, and businesses affected by the pandemic. The bill includes a range of provisions, from unemployment benefits and stimulus checks to health insurance subsidies and small business loans. If you're affected by the pandemic, it's important to understand what's in the bill and how you can take advantage of the benefits it provides.
