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More stimulus, unemployment money heading to NC What does that mean for you?

More stimulus, unemployment money heading to NC. What does that mean for you? Sophie Kasakove, The News & Observer (Raleigh, N.C.) Dec. 28 After days of delay, President Trump signed a stimulus bill into law that will put $600 relief payments into most North Carolina residents pockets. Popular Searches The bill also adds an additional $300 in unemployment benefits. In North Carolina, the nearly 400,000 people currently receiving unemployment benefits will receive the boost, adding up to an additional $116 million distributed across the state per week, according to the North Carolina Justice Center. Distribution of the funds was supposed to begin this week, but after Trump s delayed signature, it is unclear whether the payments will be delayed until next week. That would effectively reduce the number of available weeks of the extra $300 from 11 to 10.

The stimulus package: What s in it for you

Here’s a closer look at what the legislative package will mean for you. Written By: Tara Siegel Bernard and Ron Lieber / © 2020 The New York Times | 10:19 am, Dec. 28, 2020 × President Donald Trump on Sunday night, Dec. 27, signed an economic relief package that will provide a round of $600 stimulus payments to most Americans and partly restore the enhanced federal unemployment benefit, offering $300 for at least 10 weeks. The agreement also contains provisions related to student loans, rental assistance and medical bills. (Robert Neubecker / © 2020 The New York Times) Another dose of relief is finally on the way for the millions of Americans facing financial distress because of the coronavirus pandemic.

COVID relief bill signed into law

Mon, 12/28/2020 - 10:51am tim Vermont Business Magazine Sunday night President Trump signed the COVID 19 relief bill summarized below. It had passed both the House and Senate last week. It includes extending the unemployment and PUA benefits, including the extra $300 per week, one-time direct payments of $600 to individuals ($1,200 filing jointly) and ensures that PPP forgiveness does not result in taxable income. Among other measures, it includes a second round of PPP. Funding for Dept. of Ed., CDC, Homeland Security and other federal agencies Extends Pandemic Unemployment Assistance (PUA) to March 14, 2021, extends unemployment relief to state and local governments and non-profits and restores the Federal Pandemic Unemployment Compensation (FPUC) supplement to state and federal unemployment benefits at $300 per week

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