Coronavirus Aid Relief and Economic Security Act

NY Metro Coronavirus Relief: 78%, 19%, 3%

Following sometimes contentious negotiations arbitrated by the Federal Transit Administration, the three states touching the New York Metropolitan area—New York, New Jersey and Connecticut—finally agreed on how to allocate $13.98 billion in Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA) and American Rescue Plan Act (ARPA) funds to the New York MTA, NJ Transit and Connecticut DOT.

Amtrak CARES Act Appropriation: $1.02B

The Federal Railroad Administration (FRA) is making more than $1 billion under the recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act available to Amtrak “to support the railroad’s activities to prevent, prepare for, and respond to the spread of COVID-19) in the U.S. and its impacts on operations and business.”

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FTA Offering CARES Act Webinars

The Federal Transit Administration (FTA) will host three webinars to provide information about FTA’s implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. FTA leadership and program staff will discuss funding amounts, eligible expenses and other funding features.

The CARES Act Impacts Railroad Workers

The Coronavirus Aid, Relief and Economic Security (CARES) Act, signed into law by President Trump on March 27, boosts unemployment and sickness benefits for railroad workers impacted by the pandemic.

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APTA: CARES Act Provides $25 Billion, With Conditions

President Trump on March 27 signed H.R. 748, the Coronavirus Aid, Relief and Economic Security (CARES) Act (or Title XII of Division B), into law, following swift passage in the House of Representatives by voice vote, and one day after the U.S. Senate passed the bill in a unanimous 96-0 vote. The CARES Act is a $2 trillion stimulus package that addresses the devastating economic and societal impacts of the COVID-19 pandemic. It includes many funding measures that directly benefit the railway industry—all modes, freight and passenger. In the bill is approximately $25 billion for public transportation. Distribution of the funds is rather complex, and APTA (American Public Transportation Association), which took the lead in working with Congress on the bill’s transit provisions, provided an explanation to its members.

UPDATED MARCH 27: Stimulus Bill—Signed Into Law—CARES For Rail

President Trump on March 27 signed H.R. 748, the Coronavirus Aid, Relief and Economic Security (CARES) Act, into law, following swift passage in the House of Representatives by voice vote, and one day after the U.S. Senate passed the bill in a unanimous 96-0 vote. The CARES Act is a $2 trillion stimulus package that addresses the devastating economic and societal impacts of the COVID-19 pandemic. It includes many funding measures that directly benefit the railway industry—all modes, freight and passenger.