COVID-19 Relief Law Decoded: What Clients Need To Know Now

On December 27, 2020, the Consolidated Appropriations Act of 2021 (the “CAA”) passed into law. The CAA includes long-anticipated measures in response to the COVID-19 pandemic and resulting economic crisis. The CAA supplements and extends measures enacted earlier this year, including the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), the Families First Coronavirus Response Act (the “FFCRA”) and the Paycheck Protection Program Flexibility Act of 2020 (the “PPPFA”).

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