With the final vote count at 220-211, the House of Representatives has passed a $1.9 trillion relief package. The bill is designed to provide further aide as the COVID-19 pandemic loses some speed but none the less continues on. Everything from stimulus payments, continued unemployment aid, tax credits and funds surrounding the virus vaccine and much more are covered in the bill. President Joe Biden is poised to sign the bill into law on March 12, 2021.

Holbrook & Manter will be breaking down the bill as it moves towards President Biden’s desk. We will have a more detailed breakdown for you to come. In the meantime, this summary from the Journal of Accountancy shares many of the key points:

https://www.journalofaccountancy.com/news/2021/mar/house-approves-coronavirus-pandemic-stimulus-bill.html 

Please reach out to us with concerns and questions you may have on this matter. We are here to help.