See our Town Crier blog for a preliminary rundown on some of the items included in the Coronavirus Aid, Relief, and Economic Security Act (the CARES bill), which the Senate passed overnight. This is the 3rd emergency supplemental measure being passed by Congress. The full text of the amended version of S.3548 is not yet available online. The legislation now moves to the House.
We are trying to highlight the items that might be most important to local officials, on the front lines of this battle, and to your citizens. Some of these items will help a specific group of municipalities. Other items will help other groups. This analysis does not cover the $150 billion Coronavirus Relief fund that will provide state, local, and tribal government with additional resources to address this pandemic. We have alerted you that S.3548 does not provide stabilization aid directly to municipalities and you should contact your Member of Congress about that concern.
We will provide more in-depth analysis, once we see the text.
Contact: Jon Moran, Senior Legislative Analyst, jmoran@njlm.org, 609-695-3481 x121.