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On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2.2 trillion economic stimulus package legislated to provide immediate relief for nonprofits, businesses, individuals and state and local governments in response to the COVID-19 pandemic.

On Friday, March 27, 2020, the President signed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or Act).