Texas Border Business
WASHINGTON – Today, Congressman Vicente Gonzalez (TX-15) applauded the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act., which will now go to the President’s desk for his signature.
“This latest measure is proof that bipartisan legislating works,” said Congressman Gonzalez. “During this time of stress and uncertainty, every American needs to know that their government is acting decisively to ensure workers and families have the resources they need today and throughout this unprecedented crisis. I am proud to support this historic piece of legislation, which will bring urgently needed relief to our community and every community across the country.”
“This pandemic requires a coordinated, fully-funded, whole-of-government response,” added Congressman Gonzalez. “On behalf of the hard-working families of the 15th District of Texas and all Americans, I will continue to work relentlessly and in a bipartisan way to protect Americans’ health, safety, and economic security.”
Here are just a few of the numerous initiatives in this historic piece of legislation that will benefit the residents of the 15th District of Texas.
- A $150 Billion State and Local Coronavirus Relief Fund: Creates a $150 billion State and Local Coronavirus Relief Fund to provide states and localities additional resources to cope with the coronavirus pandemic. It is estimated that our state of Texas will receive approximately $11.2 billion in desperately needed funds to benefit our state’s residents.
- $260 Billion in Dramatically Expanded Unemployment Benefits: Includes numerous provisions to improve unemployment benefits including providing an additional $600 per week for the next four months, providing an additional 13 weeks of federally funded benefits, and expanding eligibility to include workers in the gig economy and self-employed workers.
- Immediate Direct Cash Payments to Lower and Middle-Income Americans: Provides for immediate, direct cash payments to lower-and middle-income Americans of $1,200 for each adult and $500 for each child, beginning to phase out at an annual income of $75,000 for an individual and $150,000 for a household. These payments will provide individuals with the cash they need right now to survive with much of the economy currently shut down.
- More Than $375 Billion in Small Business Relief: Provides more than $375 billion in small business relief, including $349 billion for forgivable loans to small businesses to pay their employees and keep them on the payroll; $17 billion for debt relief for current and new SBA borrowers; and $10 billion in immediate disaster grants.
- Approximately $200 Billion for Our Hospitals, Health Care Workers, and Health Research: Provides an investment of about $200 billion in our hospitals, health systems, and health research, including expanding funding for the personal protective equipment desperately needed by our health care workers, including ventilators, n95 masks, gowns, gloves, etc.
- More than $30 billion in emergency education funding: the legislation provides students and eliminated income tax on student loan repayment assistance by an employer.
- Unprecedented oversight: the legislation creates an Office of the Special Inspector General for Pandemic Recovery within the Treasury Department to audit and investigates the department’s loans and other activities under the bill. Also prevents the diversion of Department of Defense funds to border wall construction.
More Than $100 Billion in Additional Emergency Appropriations, Including the Following:
- HUD Emergency Solution Grants: Provides $2 billion for HUD Emergency Solution Grants to states that will be distributed by formula. These grants are designed to address the impact of the coronavirus among individuals and families who are homeless or at risk of homelessness, and to support additional homeless assistance, prevention, and eviction prevention assistance. Of this $2 billion, our state will receive $143.5 million. In addition, the bill provides an additional $2 billion for these grants that will be allocated by HUD to the most hard-pressed areas.
- Child Care and Development Block Grant: Supports child care and early education by providing $3.5 billion for the Child Care and Development Block Grant. Our state will receive $368.9 million under this emergency appropriation.
- Low-Income Home Energy Assistance Program (LIHEAP): Provides $900 million to help low-income families pay their heating and cooling bills. Our state will receive $89.2 million for this purpose during this public health emergency.
- Byrne-Justice Assistance Grant Program: Provides $850 million for this program, giving additional support to state and local law enforcement agencies, thereby allowing them, for example, to obtain the personal protective equipment and other medical items they may need during this public health emergency. Our state will receive $68.6 million under this appropriation.
- CDC Coronavirus State, Local and Tribal Grants Minimum Awards: Provides about $750 million in CDC State, Local, and Tribal Grants Minimum Awards to help agencies cope with the public health emergency. The minimum award for our state is $39.1 million. In addition, states can apply for additional funds above their minimum award, based on their needs.
- Election Assistance: Provides $400 million for Election Assistance Grants for states to help prepare for the 2020 elections. Coronavirus is already resulting in the postponement of some primaries and this funding can help states make voting safer for individuals. Funding can be used, for example, to increase the ability to vote by mail, expand early voting, and expand online registration. Our state will receive $24.4 million for these purposes.
 applauded the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act., which will now go to the President’s desk for his signature.){kind=link}