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Stimulus Checks Information and Calculator

 

 

 

 

This bill is the third and largest piece of legislation designed to combat the Coronavirus pandemic and protect the American economy from the associated fallout.

 

 

Click here for the stimulus check calculator:

 

 

Key provisions of the legislation include the following:

 

Cash assistance in the form of a check for lower and middle-income U.S. residents of up to $1,200 for individuals, $2,400 for married couples, and an additional $500 for each child. The payments will be available for those with incomes up to $75,000 for individuals and $150,000 for married couples.


A tax credit for small businesses to cover a portion of wages paid to their employees during the pandemic.


Expanded unemployment insurance to cover gig workers, self-employed, and non-profit employees.


Eight weeks of assistance to small businesses in the form of loans to employers who maintain their payroll during this emergency.


A six-month pause on federal student loan payments with no interest accrual.


Increased Medicare payments for hospitals that treat vulnerable coronavirus patients.


Additional funding for Community Health Care Centers and Personal Protective Equipment.


Expanded access to Coronavirus testing and encouraging the use of new telemedicine technologies to protect and contain the further spread of Coronavirus.


It allows the Food and Drug Administration to quickly approve new treatments and advance vaccine research.


A significant temporary expansion of Supplemental Nutrition Assistance, which provides a monthly supplement for purchasing food, to ensure that low-income Americans have access to the food they need to feed their families.


Loans, loan guarantees, and other investments for large corporations, overseen by a Treasury Department inspector general. These loans will not exceed five years and must be paid back to the government.

 

 

 

 

 

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