blog american-rescue-plan 
Troutman Sanders
AUGUST 22, 2022
Department of the Treasury announced an additional group of four state plans approved under the State Small Business Credit Initiative (SSBCI) for up to $750 million in funds to expand access to capital for small businesses. The American Rescue Plan reauthorized and expanded SSBCI, which was originally established in 2010.
Burr Forman
MARCH 15, 2021
Prior to the passage of The American Rescue Plan Act of 2021 on March 11, 2021 (the “Rescue Act”) the employee retention credit, as amended by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the “Relief Act”), was set to expire for wages paid after June 30, 2021.
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Better Credit Blog
JULY 12, 2021
At the end of 2020, 43 million American borrowers owed a total of about $1.6 The American Rescue Plan that President Biden recently signed into law makes all student loan forgiveness tax-free, meaning you pay no tax on that erased balance no matter what, a new development. Department of Education’s Student Aid website.
Burr Forman
MARCH 23, 2021
On March 11, 2021, President Biden signed into the law the American Rescue Plan Act (“ARPA”) containing $1.9 Though not highly publicized, the ARPA provides important relief related to plan funding for both single employer and multiemployer pension plans. trillion in financial stimulus.
Troutman Sanders
MAY 24, 2021
A part of the American Rescue Plan, this $21.6 billion program seeks to prevent evictions and ensure housing security for millions of Americans impacted by the affordable housing challenges exacerbated by COVID-19. It plans to issue a paper discussing the potential issuance of a digital dollar.
Troutman Sanders
JULY 19, 2021
Department of the Treasury and the Internal Revenue Service announced that they paid about $15 billion dollars to families that include nearly 60 million eligible children in the first monthly payment of the expanded and newly advanceable Child Tax Credit from the American Rescue Plan that passed in March.
Troutman Sanders
AUGUST 16, 2021
Department of the Treasury and the Internal Revenue Service announced that families that include roughly 61 million eligible children received more than $15 billion in the second monthly payment of the expanded and newly advanceable Child Tax Credit from the American Rescue Plan passed in March. million children.
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