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ARTICLE · 23 NOVEMBER 2023

What Is The Cares Act?

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, aka the "CARES Act," which included stimulus programs and regulatory initiatives...

United StatesEmployment and HR

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, aka the "CARES Act," which included stimulus programs and regulatory initiatives in several areas to combat the effects of the pandemic on small businesses and individuals. The CARES Act established several government lending programs, made amendments to federal employment laws and the Bankruptcy Code, and offered mortgage and real estate relief to borrowers, as well as relief to financial institutions, to name a few. The CARES Act is extensive and therefore will not be covered in its entirety in this article. Today, we focus on the Small Business Stimulus Program and expansion of employee rights.

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