On December 21, 2020 Congress passed an annual spending bill containing $900 billion in COVID-19 pandemic relief and stimulus measures. President Trump signed this bill into law on December 27, 2020. In addition to approving a budget to keep the federal government operating through September 30, 2021, the bill is intended to provide relief for individuals and certain businesses and funding for vaccine distribution, food assistance, education, and childcare. While the bill contains many provisions on a wide range of topics, we wanted to highlight and summarize the following, which are most important to our clients and contacts:
There is much more in the bill that the Sands Anderson team is analyzing on behalf of our clients. As we have seen throughout this past year, legislation of this size and complexity will generate many questions and additional federal guidance. Our attorneys at Sands Anderson stand ready to answer your questions and guide you through this hectic period.