Earlier today, the House of Representatives passed the CARES Act, the $2 trillion coronavirus relief package that passed the Senate on Wednesday night. The bill will now be delivered to the President who will sign it into law in short order. Links to the bill as passed by the Congress together with summaries of key sections of the bill can be found below.
Division B – Emergency Appropriations
Summaries:
CARES ACT Small Business Relief Summary – SBA Paycheck Protection Program and Other Programs
Curtis R. Hearn, Gina M. Jacobs, Joshua DeCuir, and Elisabeth B. LeBlanc
CARES ACT Emergency Relief Fund Program
Daniel H. Burd
Summary of Federal Reserve Credit Facilities Announced
Robert L. Carothers, Jr.
CARES ACT Tax Provisions Summary
Rudolph R. Ramelli and B. Trevor Wilson
CARES ACT Provisions Impacting Employers and Retirement Plans
Timothy P. Brechtel and Alex H. Glaser
CARES ACT – Healthcare Provisions Summaries
William W. Horton and Meredith Guthrie Maxwell
- Healthcare Provider Funding
- Improvements to Supply Chain
- Telehealth and Greater Insurance Coverage
- Workforce Improvement & Training