What the Latest $1.9 Trillion COVID-19 Relief Bill Means for You and Your Business

On March 11, the American Rescue Plan Act was signed into law by President Biden. The $1.9 trillion bill is the third round of pandemic aid provided by the federal government. While many families and individuals are receiving some much-needed assistance, businesses are benefiting as well. From further funding for small businesses to an extension of the Paycheck Protection Program, the American Rescue Plan Act provides relief to the nation in many different ways. 

As the third stimulus bill, this new law builds upon the two previous rounds of financial aid and takes into account how the nation’s response to the pandemic has changed. With vaccines being administered around the country and schools returning to in-person learning, the bill aims to ensure that the United States can fully and safely reopen soon. The following are the provisions included in the new law that will impact organizations both large and small. 

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