On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021
1 (ARP Act) into law, which provides approximately $1.9 trillion in financial assistance to individuals and industries impacted by COVID-19. The ARP Act continues certain payroll support programs contained in the Coronavirus Aid, Relief, and Economic Security Act
2 (CARES Act) and the Consolidated Appropriations Act, 2021
3 (CA Act), and provides an additional payroll support program that includes certain other entities in the aviation industry that were previously ineligible for financial assistance.
Specifically, Section 7202 of the ARP Act establishes a $3 billion payroll support program within the Department of Transportation (instead of the U.S. Treasury) that will provide grants to eligible aviation manufacturers and MROs to compensate “eligible employee groups.” Further, as the funds provided under the CA Act’s Payroll Support Programs were expected to be exhausted and the furlough protect
COVID-19: Financial Institutions and Loan Recipients Will See Increased Congressional and Inspector General Investigations on CARES Act Funding | K&L Gates LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Grounded: Some cities lost more than half their flights amid COVID-19
wafb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wafb.com Daily Mail and Mail on Sunday newspapers.
Grounded: Some cities lost more than half their flights amid COVID-19
kfvs12.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfvs12.com Daily Mail and Mail on Sunday newspapers.
Grounded: Some cities lost more than half their flights amid COVID-19
wistv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wistv.com Daily Mail and Mail on Sunday newspapers.