UPDATE: The $2.2 trillion relief bill has been passed by the House and President Trump has tweeted he has signed the bill. Missouri Congressman Sam Graves said the bill did hit a brief snag after it had received a voice vote to pass.
Graves said there is a lot in the 880 page historic relief bill.
The bill allows for individual relief based on last years tax filing (see below).
There are guidelines written up inside the bill. Information for filing will soon be released. Graves said his office is available for questions.
The Treasure Department is trying to work up the criteria for how money will be dispersed. You can follow the COVID-19 outbreak numbers on Worldometer.
UPDATE: After initial reports that the House has passed the historic bill, Government officials say they have hit a last minute snag.
Missouri — The House Friday release that they have passed the $2.2 trillion dollar COVID-19 historic relief bill. The measure that was passed by the Senate late Wednesday will now go the President for his signature, which he said he would sign when he received it. The House elected to go to a voice vote.
The Cares Act has provisions for individual American’s of up to $1,200, provides grants and loans to small businesses to meet payroll and pay rent. This bill allows for $367 billion in low costs loans to affected businesses, $500 to industries most impacted by the novel coronavirus pandemic.
The bill also provides funding for increased testing, support treatments, and investments into vaccine development. Congressman Sam Graves (Mo-06) says this coronavirus pandemic has already cost hundreds of Americans their lives, and millions more their livelihoods.
“We still have a lot more work to do, to protect our rural communities and strengthen our rural hospitals,” Graves said. “By putting politics aside and working together, we will get through this. I’m confident that we will emerge from this a stronger, more resilient America.”
KMZU is waiting on return calls for further information on benefit eligibility and timeline of benefits once the President signs.