COVID-19 News & Updates

H.R. 133 Consolidated Appropriations Act, 2021

H.R. 133, or Consolidated Approprations Act, 2021, became law on December 21, 2020.  This Act provides $900 billion in additional emergency funding for businesses and indidviduals. 

Of the $900 billion, $300 billion will be allocated to supporting businesses, $48 billion to buying and distributing vaccines, $25 billion to assisting renters, $10 billion to childcare assistance, plus $13 billion for SNAP and child nutrition benefits, $82 billion to schools and colleges, $7 billion to increase broadband access to assist with keeping Americans connected remotely during the pandemic, in addition to expanded tax credits for businesses.

Additionally, this Act provides $600 direct payments to most adults and children based upon the same income and age parameters that were established by the CARES Act, as well as an unemployment insurance benfit of $300 weekly for 11 weeks.  Further information can be found via the link below.

https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-116HR133SA-RCP-116-68.pdf 

H.R.6201 Families First Coronavirus Response Act

H.R.6201, or Families First Coronavirus Response Act, became law on March 18, 2020. According to Congress.gov, the bill provides paid sick leave and free coronavirus testing, expands food assistance and unemployment benefits, and requires employers to provide additional protections to health care workers.
https://www.congress.gov/bill/116th-congress/house-bill/6201/text

H.R. 6074 Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020

H.R. 6074, or Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, became law on March 6, 2020. This bill provides $8.3 billion in emergency funding for federal agencies to respond to the coronavirus outbreak.
https://www.congress.gov/bill/116th-congress/house-bill/6074/text

 

Additional Resources for Coronavirus Updates: 

Internal Revenue Service: https://www.irs.gov/coronavirus

U.S. Small Business Administration: https://www.sba.gov/

CDC Guidance for Businesses and Employers: https://www.cdc.gov/coronavirus/2019-ncov/community/organizations/businesses-employers.html

U.S. Department of Labor Coronavirus Resources: https://www.dol.gov/coronavirus

Oregon Health Authority COVID-19 Updates: https://govstatus.egov.com/OR-OHA-COVID-19

COVID-19 Related Business Layoffs, Closures, and Unemployment Insurance Benefits: https://www.oregon.gov/employ/Pages/COVID-19.aspx

Oregon Coronavirus Information & Resources: https://govstatus.egov.com/or-covid-19

Oregon Department of Revenue: https://www.oregon.gov/dor/Pages/COVID19.aspx

Federal Reserve: https://www.federalreserve.gov/covid-19.htm

Department of Education: https://www.ed.gov/news/press-releases

 

Reid, Hanna, Johnson & Company CPAs LLC

1101 Siskiyou Boulevard
Ashland, OR 97520-2238

Telephone: 541-482-3711
Fax: 541-482-3714
E-Mail: Reception@reidhanna.com

For more information click here