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The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. 111–5 (text)), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.
Illinois taxpayers may have already received a paper check as part of the state’s $1.83 billion tax relief package. The legislation calls for individuals who earned less than $200,000 in 2021 to ...
The three giant federal stimulus payments in 2020 and 2021 made big headlines, but many states got into the act in 2022 and 2023 as well. Mortgage Interest Rate Forecast for 2023: When Will Rates ...
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The Act also extends some provisions from the American Recovery and Reinvestment Act of 2009 (ARRA or 'the Stimulus'). The act also includes several other tax- and economy-related measures intended to have a new stimulatory effect, mostly notably an extension of unemployment benefits and a one-year reduction in the FICA payroll tax , as part of ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
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Authorized through the American Rescue Plan Act, the third stimulus payment of $1,400 was made available to eligible individuals and dependents. Couples who file jointly could get up to $2,800.