Crow Votes to Pass American Rescue Plan and Deliver Urgently Needed Relief to Coloradans
WASHINGTON - Rep. Jason Crow (CO-06) voted today to pass the American Rescue Plan Act of 2021, an urgently needed package to address the COVID-19 health and economic crisis. The legislation now heads to President Biden’s desk to be signed into law.
“The American Rescue Plan delivers on the promise we made to the millions of struggling families, workers, and small businesses across the country,” said Congressman Jason Crow. “The American Rescue Plan will help us more quickly get shots into arms, children safely back into schools, businesses reopened, and Americans back to work. This will help make the difference between a summer that looks close to normal or more months of pain and suffering.”
Some important provisions of the American Rescue Plan include:
- Direct payments of up to $1,400 per adult and $1,400 per dependent for individuals making up to $80,000 and joint filers making up to $160,000.
- $300 per week in supplemental federal unemployment benefits through September 6, 2021, and an extension of eligibility for Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs to allow up to 74 weeks of benefits.
- $26 billion in rental assistance, $10 billion to help homeowners struggling to afford their housing, and $5 billion to those most in need to help pay their utility bills.
- $40 billion to support child care center operations and protect access to affordable care, and an increase in the Child Tax Credit to $3,000 per child and $3,600 if the child is under the age of 6.
- $28 billion for a new restaurant assistance fund, $7.25 billion for the Paycheck Protection Program, and $15 billion for Economic Impact Disaster Loans (EIDL), as well as an extension of the Employee Retention Tax Credit.
- $125 billion for schools, including both primary and secondary educational institutions to support safe reopening, teacher and student safety.
- Key investments in food security, including an extension of the 15% increase in SNAP benefits through September.
Specifically, Colorado would receive:
- $6 billion in direct assistance to state and local governments, including $3.9 billion to the Colorado state government and $1.9 billion to local governments;
- $1 billion to safely reopen K-12 schools;
- $466 million to help Colorado child care facilities operate; and
- $495 million for Colorado universities and colleges.