Congress Passes and President Biden Signs American Rescue Plan Act of 2021 Providing Loans, Grants, and Relief for Small Businesses and Others | Practical Law
On March 10, 2021, Congress passed the American Rescue Plan Act of 2021 (ARPA), a $1.9 trillion COVID-19 relief bill that includes financing, grants, and other financial assistance to a variety of small businesses, restaurants, and shuttered venue operators, as well as airlines, airline workers, and other sectors of the transportation industry. President Biden signed ARPA into law on March 11, 2021.