Third Relief Bill Expected in Coming Days

On March 6, President Trump signed into law the Coronavirus Preparedness and Response Supplemental Appropriations Act, which provides $8.3 billion in emergency funding for federal agencies to respond to the coronavirus outbreak.

Recent developments involving the spread of COVID-19 have continued to affect congressional and administration efforts on a legislative response, which is changing almost by the hour. Last Thursday, the Capitol building and House and Senate offices buildings closed to the general population, only allowing access for Members, staff and official business visitors. Many offices have implemented telework requirements for staff.

Treasury Secretary Mnuchin, House Speaker Nancy Pelosi (D-CA) and other administration officials and congressional leaders earnestly worked over the last few days to reach a compromise on a second legislative package. That package, the Families First Coronavirus Response Act (H.R. 6201), passed the U.S. House early Saturday morning by a vote of 363 to 40. It is possible that the House will make additional changes to the bill by unanimous consent before sending it to the Senate. The U.S. Senate has cancelled a scheduled recess period to stay in town and consider the legislation.

Additionally, it is anticipated that there will be yet another (third) relief package that could include longer-term relief and could incorporate assistance for various industries impacted by the virus, including the airlines and hotels, and possible infrastructure and tax provisions.

Click here to read the full GT Alert, “Congress Still Considering Second Coronavirus Relief Bill.”