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What is in the $900 billion coronavirus relief bill

What is in the $900 billion coronavirus relief bill Naomi Jagoda,Niv Elis and Alexander Bolton © Greg Nash What is in the $900 billion coronavirus relief bill Lawmakers late on Sunday released a long-awaited $900 billion coronavirus relief bill that is expected to be passed by Congress on Monday and signed into law by President Trump. The relief package will be combined with a $1.4 trillion measure to fund federal agencies through the end of September and a package extending expiring tax provisions. Both Democrats and Republicans touted various aspects of the relief package, though Democrats wanted a significantly larger bill. Democrats argue that more relief legislation will need to be enacted once President-elect Joe Biden takes office, though Republicans are already resisting that idea. A state and local aid package and liability protections were left out of the agreement.

Real Estate Industry Alerts Tracker - December 2020 Issue #2 | Kelley Drye & Warren LLP

December 18, 2020 Federal COVID Relief Bill Contains Significant Provisions for CRE and Multifamily Finance On December 14, 2020, a bipartisan group of U.S. Senators released a summary and draft text of the Bipartisan Emergency COVID Relief Act of 2020 ( the Act ). The Act remains under negotiation among the House, the Senate and the White House. CREFC has highlighted important provisions for CRE and multifamily finance as follows: Benefits for CRE and Multifamily Extension of all unemployment assistance for 16 weeks, with supplemental $300 per week. Second Round of Paycheck Protection Program (PPP): $300 Billion Second Round PPP for Small Business, including 501c6 organizations, restaurants, live venues, and EIDL grants;

See what is buried inside the latest coronavirus relief bill

The latest coronavirus bill finally rolling through Congress contains $600 checks for millions of Americans – and a whole lot more tucked inside that has attracted far less attention. Among the later add-ons is billions more funding for President Trump s border wall – following a report that the administration had briefed Biden transition officials on how much could be saved if construction got killed. A $1.4 trillion bill to keep the government running through September, which was combined with the coronavirus bill, contains $1.4 billion in border wall funding. The final deal also includes another provision pushed by the White House: a full deduction for business meals. 

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