US House Passes $1.9 Trillion Relief Package

“On Saturday AM (Feb. 27), the House narrowly passed the White House-backed coronavirus relief bill (219-212 vote). Local governments of every size would receive dedicated allotments. Funds would be available until expended, awarded directly from Treasury within 60 days of enactment, and subject to eligible uses including to replace revenue lost, delayed, or decreased as a result of the pandemic including $19.53 billion for municipalities with populations of less than 50,000. The bill expands eligibility for lost revenue (sec. 5001). The bill also contains $500 million to assist low-income households in paying their water bills under the U.S. Department of Health and Human Services. In awarding funding to states, the department must consider the percentage of households under 150 percent of the federal poverty line and the percentage that pay more than 30 percent of income on housing (sec. 3303)”. The bill can be read here: 2021.02 US COVID Relief Bill (Reported-in-House).

The bill now moves to the US Senate, where opposition is expected to be greater than in the House.

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