President Donald Trump (R) signed the Consolidated Appropriations Act into law December 27, approving a $900 billion legislative package that included a second round of direct stimulus payments in response to the coronavirus pandemic.
The act, which was introduced as a series of amendments to the United States-Mexico Economic Partnership Act, passed both chambers of Congress on Dec. 21. It is the fifth-longest bill ever to have passed Congress, according to GovTrack.
Among the act’s provisions is a second round of direct stimulus payments. The act calls for individuals who reported an income of $75,000 or less in tax year 2019 to receive a direct payment of $600. The size of the payment decreases as 2019 income increases, with individuals who reported an income of $99,000 or greater in 2019 receiving no direct payment.
President Trump (R) signed a first round of direct stimulus payments of up to $1,200 into law in March.
The act extends several existing federal policies enacted in response to the pandemic, including a moratorium on evictions, federal unemployment assistance, and the Paycheck Protection Program. The act also includes $20 billion in funding for coronavirus testing and $28 billion towards acquiring and distributing doses of the vaccine.
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