UPDATED: Coronavirus relief act signed into law; $114B heading to the transportation sector

The House passed the bill Friday, and President Trump signed it into law later in the day

March 26, 2020
Coronavirus relief act signed into law; $114B heading to the transportation sector

UPDATED - MARCH 30:

Following the passage of the CARES Act by the House of Representatives on Friday, President Trump signed the bill into law later in the day.

 

UPDATED - MARCH 27:

Earlier today, the U.S. House followed the U.S. Senate’s 96-0 vote, by approving the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a more than $2 trillion bill to support individuals and businesses withstand the devastating economic impact of the COVID-19 pandemic.

 

ORIGINAL POSTING:

The U.S. Senate has passed H.R. 748, as amended with the coronavirus aid package, by a vote of 96 to 0, sending the bill to the House of Representatives for final disposition. The Senate will not reconvene until April 20.

A chart outlining the breakdown of funding allocations to various segments within the transportation industry shows $25B allocated to the Federal Transit Administration and $32B for airlines. 

House Majority Leader Hoyer’s office sent out an advisory stating: “Members are advised that the House will convene at 9:00 a.m. on Friday, March 27, 2020 to consider the bill. Members are further advised that due to the limited flight options, Members participating in self-quarantine, and several states mandating stay-at-home orders, we expect the bill to pass by voice vote on Friday.”

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