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The Consolidated Appropriations Act Of 2021: An Update For Tax-Exempt Organizations

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On December 27, 2020, “The Consolidated Appropriations Act of 2021” (H.R. 133) (the “CAA”) was signed into law by the President. The CAA includes various updates to, and additional funding for, programs established under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Programs and changes of particular interest to 501(c)(3) organizations include the Paycheck Protection Program, the Economic Injury Disaster Loan and Grants Program, the Higher Education Emergency Relief...
By: Goodwin

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