The United States Government, on March 27
th, has enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to address the challenges brought by COVID-19 and to provide economic assistance to both American enterprise and individuals. With two trillion dollars allocated for business, citizens, federal agencies, and state and local governments, the CARES Act, which is the largest financial assistance bill in the history of our nation, is designed to disseminate capital quickly. Below, please see important information, provided by Leader McConnell, on the
direct payouts to Americans (Rebate Distributions),
paycheck protection program FAQs for small business, and
appropriations and section summaries of the bill.
As we move forward, as a #TeamKentucky, to address and emerge from this challenge, please do not hesitate to make contact with your Association when we can provide any needed assistance.
Thank you, #TeamKentucky,