Office of Sen. Schatz Updates Details of the American Rescue PlanPosted on Mar 12, 2021 in COVID-19, News
Updated: March 10, 2021
The page https://www.schatz.senate.gov/coronavirus will be updated continuously to reflect the most recent information. This page was last updated on March 6, 2021.
On March 6, the Senate passed the American Rescue Plan, a new COVID-19 relief package which will provide at least $6 billion in new federal funding to help Hawai’i families and local businesses during the pandemic. It is expected to easily pass the House of Representatives and be signed into law by the president in the coming days.
Updated information about these programs will be available in the coming days:
TAX RELIEF: you may qualify for new tax benefits, including the expanded Child Tax Credit, that are available to help cover financial needs during the public health emergency [UPDATED]. Click here to learn more.
EMERGENCY PAID LEAVE: you could now be eligible for emergency paid leave so that you can stay at home and still earn your paycheck [UPDATED]. If you are an employee, click here to learn more. If you are an employer, click here to learn more.
INDEPENDENT CONTRACTORS: if you’re an independent contractor, gig-economy worker, or are self-employed, you could be eligible for new resources to help cover your financial needs. Click here to learn more.
SENIORS: you may be eligible for new protections and assistance programs, including financial relief, retirement savings, tax relief, health, nutrition and support programs for seniors, and housing security [UPDATED]. Click here to learn more.
AGRICULTURE, AQUACULTURE, AND FISHERIES: if you’re a farmer or rancher or work in the agricultural industry, the aquaculture industry, or the fishing industry, you may be eligible for new benefits [UPDATED]. Click here to view resources for agricultural workers, and click here to view resources for aquaculture and fishery workers.
BROADBAND ACCESS: the new relief law offers help connecting to the internet for low-income households, households with residents who became unemployed during the pandemic, minority communities, tribal communities, and unserved communities [UPDATED]. Click here to learn more.
STATE AND LOCAL GOVERNMENTS: the American Rescue Plan allocated billions of dollars in relief funding for state and local governments, including $2.2 billion for Hawai’i [UPDATED]. Click here to learn more.
FINANCIAL INSTITUTIONS: financial institutions may be offered temporary regulatory relief to banks and credit unions in order to encourage them to continue to lend to households and businesses, and to modify existing loans for borrowers facing economic hardship. Click here to learn more.
Congress has passed four laws to respond to COVID-19:
1. Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (enacted into law on 3/6/2020)
2. Families First Coronavirus Response Act (enacted into law on 3/18/2020)
3. Coronavirus Aid, Relief, and Economic Security (CARES) Act (enacted into law on 3/27/2020)
4. Coronavirus Response and Relief Supplemental Appropriations Act (enacted into law on 12/27/2020)
If you have questions or need assistance, please call one of our offices and we will return your call as soon as possible: https://www.schatz.senate.gov/office-locations.