Here’s when we’ll know whether CARES Act provisions—including a stimulus check—will be renewed: by theothersarahh
to help prop up the leisure and tourism industries, which are among those sectors hit hardest by the pandemic. Lawmakers have passed four major pieces of rescue legislation since the coronavirus pandemic reached the United States. The first two bills shored up federal funding for testing and small business loans, established provisions for paid sick leave and expanded unemployment insurance.
The CARES Act is the law that created the Paycheck Protection Program and authorized the IRS to send out the first round of stimulus checks. It was almost immediately followed by another package worth nearly $500 billion that replenished funding for emergency assistance for small businesses.
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