On March 11, 2021, President Joe Biden signed H.R. 1319, the American Rescue Plan Act of 2021, into law. The $1.9 trillion COVID-19 relief bill, which passed in the U.S. Senate by a narrow 50-49 vote on March 6 and in the...more
On March 11, 2021, President Joe Biden signed into law the American Rescue Plan Act of 2021 - a $1.9 trillion economic relief package. While the legislation marks the first major legislative victory for President Biden and...more
President Joe Biden has proposed an "American Rescue Plan," which was described as an "emergency legislative package to fund vaccinations, provide immediate, direct relief to families bearing the brunt of the COVID-19 crisis,...more
Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors....more
Just before midnight on December 21, 2020, Congress passed the Consolidated Appropriations Act of 2021 (the “Act”), a nearly 5,500 page stimulus bill allocating roughly $900 billon of much needed relief to United States...more
Congress passed a $2.3 trillion legislative package (H.R. 133), the second-largest economic rescue package in U.S. history, on December 21 as part of a massive year-end spending bill that contains appropriations for Fiscal...more
In April, we wrote about the Georgia Attorney General's Office's warnings against deceptive advertising related to COVID-19 stimulus payments. In its guidance, the AG noted the possibility that representations implying that a...more
As the COVID-19 pandemic has wreaked havoc on our personal, financial and business lives, the government has responded with legislative and administrative relief. This is a high-level summary of some of the enacted measures...more
The CARES Act was signed into law on March 27, 2020 and approved stimulus payments to individuals to assist with the impact of the COVID-19 pandemic. The IRS issued a news release to provide additional guidance, and created...more
On March 27, 2020, Congress passed a $2 trillion stimulus bill designed to provide relief to individuals and businesses impacted by the coronavirus (COVID-19) outbreak. The Coronavirus Aid, Relief, and Economic Security Act...more
On March 25th, the Senate passed the bill entitled, the “Coronavirus Aid, Relief and Economic Security Act” (the “CARES Act”). This legislation is now before the House of Representatives. The CARES Act is intended to infuse...more
On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act or the “CARES Act”, into law. The CARES Act will provide significant financial relief to individuals and small businesses,...more
On March 25, 2020, the Senate voted 96-0 to approve the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The House is expected to vote on this bill on Friday, March 27....more
The third stimulus effort responding to the COVID-19 pandemic – the CARES Act – has been signed by President Trump and is now law. The $2 trillion stimulus legislation provides much-needed emergency aid to businesses and...more
In a proposal originally penned by the Treasury Department and taken up by Senate Republicans, the Trump Administration seeks passage of a nearly $1 trillion Novel Coronavirus/COVID-19 relief and economic stimulus plan that...more