A bill to provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.
Coronavirus Aid, Relief, and Economic Security Act or the CARES Act
This bill addresses economic impacts of, and otherwise responds to, the COVID-19 (coronavirus) outbreak.
The bill authorizes emergency loans to distressed businesses, including air carriers, and suspends certain aviation excise taxes.
With respect to small businesses, the bill
The bill also provides funding for $1,200 tax rebates to individuals, with additional $500 payments per qualifying child. The rebate begins phasing out when incomes exceed $75,000 (or $150,000 for joint filers).
The bill establishes limits on requirements for employers to provide paid leave.
With respect to taxes, the bill
With respect to health care, the bill
With respect to education, the bill
The bill also authorizes the Department of the Treasury to temporarily guarantee money-market funds.
Placed on the Union Calendar, Calendar No. 559.
Referred to the House Committee on Ways and Means.
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Referred to the Subcommittee on Health.
Introduced in Senate
Read twice and referred to the Committee on Finance. (text: CR S1834-1859)
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-604.
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Forwarded by Subcommittee to Full Committee by Voice Vote .
Referred to the Subcommittee on Health.
Referred to the Subcommittee on Health.
Read twice and referred to the Committee on Finance.
Read twice and referred to the Committee on Finance.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 288.
Referred to the Subcommittee on Health.
Read twice and referred to the Committee on Finance.
Read twice and referred to the Committee on Finance.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-517.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.