UPDATED: Coronavirus relief sends $114B to 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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