The Consolidated Appropriations Act, 2021 – Direct Aid To Education, Healthcare And Other Sectors May Indirectly Benefit State And Local Governments

The Consolidated Appropriations Act, 2021 (the “Act”) supplements the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”) by providing approximately $900 billion in additional federal aid to combat the COVID-19 pandemic. The Act excludes state and local governments from direct financial relief, a major sticking point in the final weeks of negotiation......
By: Adler Pollock & Sheehan P.C.

Array