The CARES Act

The CARES Act, Public Law 116-136 (H.R. 748), enacted 2020-03-27. What the text says, its status by provision, and sources.

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) became Public Law 116-136 on March 27, 2020. Among its provisions, it created a 2020 recovery rebate: a tax credit of $1,200 per eligible individual ($2,400 for joint returns) plus $500 for each qualifying child, for the first taxable year beginning in 2020. This record covers only that provision so far; the Act's other titles have not yet been researched. Economic effects, who was affected and why people disagree are marked as not yet researched where that is so. No person has signed off on this record.

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