Outlining the Main Provisions of the CARES Act

The Coronavirus Aid, Relief and Economic Security Act, known as the CARES Act, is a sweeping federal economic stimulus that will shape the country’s recovery from the fallout of the 2020 Coronavirus pandemic. It provides loans and direct aid to individuals and small and large businesses in various forms, designed to preserve jobs and benefits and broadly encourage the continuation of economic activity. The bill has numerous key provisions, as outlined by the Harris Beach CARES Act Task Force.