The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) passed both the Senate and the House and was then signed by the President.
As expected, within a few hours after the House of Representatives approved the historic $2 trillion stimulus package that passed the Senate earlier this week, President Donald Trump signed the bill into law.
Today, the House of Representatives approved the historic $2 trillion stimulus package that passed the Senate earlier this week, overcoming last-minute drama by using an unusual procedural move to thwart a demand by a conservative Republican to force members to vote in person.
The Senate passed a historic $2 trillion coronavirus relief package late Wednesday night to provide a jolt to an economy reeling from the coronavirus pandemic, capping days of intense negotiations that produced one of the most expensive and far-reaching measures Congress has ever considered.
Today we have set forth how major federal and state legislation, both long standing and recently enacted, come into play during this pandemic.
On March 20th, Governor Phil Murphy signed a package of bills into law aimed at alleviating the economic impact that the coronavirus may have on New Jersey businesses and residents.
Yesterday, the New Jersey State Legislature sent Governor Phil Murphy a number of bills aimed at alleviating the economic impact that the coronavirus may have on New Jersey businesses.
The United States Treasury and the IRS confirmed today that due to the Coronavirus pandemic individuals and businesses will be allowed to defer their 2019 tax payments for up to 90 days (ie, from April 15, 2020 to July 15, 2020).
The Senate approved a multi-billion dollar emergency aid package Wednesday that will provide paid sick and family leave for many Americans while also offering free testing for the coronavirus and bolstering unemployment insurance.
On Monday, the New Jersey General Assembly approved the COVID-19 bill package to help businesses and New Jersey residents mitigate the economic challenges they may face due to the COVID-19 outbreak.