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      "title": "The Coronavirus Aid, Relief, and Economic Security (CARES) Act\u2014Tax Relief for Individuals and Businesses",
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      "date": "2020-03-31",
      "retrieved": "2020-03-31T22:00:30.856768",
      "title": "The Coronavirus Aid, Relief, and Economic Security (CARES) Act\u2014Tax Relief for Individuals and Businesses",
      "summary": "Congress is considering a number of proposals that seek to mitigate the economic effects of the COVID-19 pandemic. One such proposal, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (S. 3548), was introduced in the Senate on March 19, 2020. On March 22, 2020, an updated version of the CARES Act was circulated, as a proposed amendment to H.R. 748. A cloture vote on a motion to proceed, which was designed to allow consideration of the CARES Act, was rejected on March 22. A third version of the CARES Act was released on March 25, 2020. On March 25, the Senate voted 96-0 to pass H.R. 748, having previously amended it with the CARES Act. \nTax relief for individuals and businesses in the CARES Act includes \na one-time rebate to taxpayers; \nmodification of the tax treatment of certain retirement fund withdrawals and charitable contributions;\na delay of employer payroll taxes and taxes paid by certain corporations; and \nother changes to the tax treatment of business income and net operating losses.\nThis is the latest in a series of legislative packages addressing the COVID-19 pandemic. Two bills have already been enacted into law: the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (P.L. 116-123) and the Families First Coronavirus Response Act (P.L. 116-127). \nOn March 23, 2020, an alternative to the CARES Act, the Take Responsibility for Workers and Families Act (H.R. 6379), was introduced in the House. For more information on the tax provision in this proposal, see CRS Report R46283, The Take Responsibility for Workers and Families Act: Division T\u2014Revenue Provisions, coordinated by Molly F. Sherlock. \nThis report briefly summarizes the major individual and business tax provisions of the CARES Act, as passed in the Senate on March 25, 2020 (Table 1). The report also summarizes tax provisions in earlier versions of the CARES Act, the version released March 22, 2020 (Table 2), as well as Division B of the first version of the CARES Act (S. 3548) (Table 3). Links to CRS resources that offer additional information are provided.",
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      "date": "2020-03-26",
      "retrieved": "2020-03-26T22:04:58.239002",
      "title": "The Coronavirus Aid, Relief, and Economic Security (CARES) Act\u2014Tax Relief for Individuals and Businesses",
      "summary": "Congress is considering a number of proposals that seek to mitigate the economic effects of the COVID-19 pandemic. One such proposal, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (S. 3548), was introduced in the Senate on March 19, 2020. On March 22, 2020, an updated version of the CARES Act was circulated, as a proposed amendment to H.R. 748. A cloture vote on a motion to proceed, which was designed to allow consideration of the CARES Act, was rejected on March 22. A third version of the CARES Act was released on March 25, 2020. On March 25, the Senate voted 96-0 to pass H.R. 748, having previously amended it with the CARES Act. \nTax relief for individuals and businesses in the CARES Act includes \na one-time rebate to taxpayers; \nmodification of the tax treatment of certain retirement fund withdrawals and charitable contributions;\na delay of employer payroll taxes and taxes paid by certain corporations; and \nother changes to the tax treatment of business income and net operating losses.\nThis is the latest in a series of legislative packages addressing the COVID-19 pandemic. Two bills have already been enacted into law: the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (P.L. 116-123) and the Families First Coronavirus Response Act (P.L. 116-127). \nOn March 23, 2020, an alternative to the CARES Act, the Take Responsibility for Workers and Families Act (H.R. 6379), was introduced in the House. For more information on the tax provision in this proposal, see CRS Report R46283, The Take Responsibility for Workers and Families Act: Division T\u2014Revenue Provisions, coordinated by Molly F. Sherlock. \nThis report briefly summarizes the major individual and business tax provisions of the CARES Act, as passed in the Senate on March 25, 2020 (Table 1). The report also summarizes tax provisions in earlier versions of the CARES Act, the version released March 22, 2020 (Table 2), as well as Division B of the first version of the CARES Act (S. 3548) (Table 3). Links to CRS resources that offer additional information are provided.",
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      "date": "2020-03-24",
      "retrieved": "2020-03-25T22:19:34.767658",
      "title": "The Coronavirus Aid, Relief, and Economic Security (CARES) Act\u2014Tax Relief for Individuals and Businesses",
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      "retrieved": "2020-03-22T17:39:02.655939",
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