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What is in the new COVID-19 relief bill?

The invoice presents $600 direct funds to people making as much as $75,000 per yr or {couples} making $150,000 per yr. An additional $600 might be given per youngster.

WASHINGTON — Congressional leaders have hashed out a large, year-end catchall invoice that mixes $900 billion in COVID-19 help with a $1.Four trillion omnibus spending invoice and reams of different unfinished laws on taxes, vitality, training and well being care.

The massive, still-unreleased invoice is slated for votes on Monday — with lawmakers having just a few hours to learn it earlier than casting their votes.

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Highlights of the measure with general funding quantities and particular quantities for some however not essentially all initiatives:

DIRECT ECONOMIC RELIEF ($286 billion)

Unemployment insurance coverage ($120 billion). Revives supplemental federal pandemic unemployment advantages however at $300 per week — by means of March 14 — as an alternative of the $600 per week profit that expired in July. Extends particular pandemic advantages for “gig” employees and extends the utmost interval for state-paid jobless advantages to 50 weeks.

Direct funds ($166 billion). Supplies $600 direct funds to people making as much as $75,000 per yr and {couples} making $150,000 per yr, with $600 extra funds per dependent youngster.

RELATED: Second batch of $600 stimulus checks confirmed in $1 trillion aid package deal, introduced by lawmakers Sunday night time

SMALL BUSINESS ($325 billion)

Paycheck Safety Program ($284 billion). Revives the Paycheck Safety Program, which supplies forgivable loans to certified companies. Particularly hard-hit companies that obtained PPP grants can be eligible for a second spherical. Ensures that PPP subsidies will not be taxed.

VACCINE, TESTING, HEALTH CARE PROVIDERS ($69 billion)

Delivers greater than $30 billion for procurement of vaccines and coverings, distribution funds for states, and a strategic stockpile. Provides $22 billion for testing, tracing and mitigation, $9 billion for well being care suppliers, and $4.5 billion for psychological well being.

SCHOOLS ($82 billion)

Delivers $54 billion to public Ok-12 faculties affected by the pandemic and $23 billion for faculties and universities; $Four billion can be awarded to a Governors Emergency Training Reduction Fund; practically $1 billion for Native American faculties.

RENTAL ASSISTANCE ($25 billion)

Supplies cash for a first-ever federal rental help program; funds to be distributed by state and native governments to assist individuals who have fallen behind on their hire and could also be going through eviction.

FOOD/FARM AID ($26 billion)

Will increase meals stamp advantages by 15% and supplies funding to meals banks, Meals on Wheels and different meals help. Supplies an equal quantity ($13 billion) in help to farmers and ranchers.

CHILD CARE ($10 billion)

Supplies $10 billion to the Little one Care Improvement Block Grant to assist households with youngster care prices and assist suppliers cowl elevated working prices.

POSTAL SERVICE ($10 billion)

Forgives a $10 billion mortgage to the Postal Service offered in earlier aid laws.

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