Cares Act 2 Bill Passed. (under the act, the treasury secretary is required to release funds to states within 30 days of the bill’s enactment.) The bill also increases access to food and nutrition support for both children and adults by waiving specific program requirements.
It passed the house earlier friday after getting through the senate on wednesday. (1) i n general.—amounts which have been forgiven under this section shall be considered canceled indebtedness by lenders authorized under section 7(a) of the small business act (15 u.s.c. After a quick turnaround in the house and the senate, the cares act was successfully passed on march 27, 2020—providing some much needed economic relief to a declining american economy.
The cares act, the $2 trillion coronavirus emergency relief bill that serves as phase three of congress's coronavirus relief efforts, has passed the house of representatives.
After a quick turnaround in the house and the senate, the cares act was successfully passed on march 27, 2020—providing some much needed economic relief to a declining american economy. The bill also increases access to food and nutrition support for both children and adults by waiving specific program requirements. After a quick turnaround in the house and the senate, the cares act was successfully passed on march 27, 2020—providing some much needed economic relief to a declining american economy. The coronavirus aid, relief, and economic security act, also known as the cares act, is a $2.2 trillion economic stimulus bill passed by the 116th u.s.