COVID Policy
COVID 19 Response Package #3
Federal Update: March 26, 2020
UPDATE: The third Coronavirus response bill was signed by the president on Friday, March 27.
The $2 Trillion COVID-19 Response Package #3/The CARES Act which was passed by the Senate on Wednesday, March 25 and will hopefully be passed by the House and signed by the President (who has already stated he would sign it) within the next couple of days.
The legislation, the Coronavirus Aid, Relief, and Economic Security Act (The CARES Act), has several provisions that are essential for afterschool providers, including:
- The State Education Stabilization Fund can be used to support afterschool and summer learning programs and their providers.
- The additional funding for childcare can be used by afterschool providers/staff that are continuing to stay open to serve their existing students and/or the children of health care providers and other essential staff.
- It makes it clear that non-profits are eligible for all the resources targeted to small businesses.
- Makes changes to the charitable deduction for tax year 2020 to encourage support of nonprofit organizations.
See more details below and additional information on the Afterschool Alliance blog post.