On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), the third and by far the largest stimulus package passed by Congress to respond to the COVID-19 outbreak. As discussed in our main alert, the $2 trillion CARES Act amounts to what will be the biggest economic stimulus package in American history. Below are business and subject specific alerts providing a general overview, key points, and next steps for you to consider. For a compilation of all alerts, please click here.

To read our full alert about the 850-page Act, click here. Or go right to the specific business or subject alert that is of the most interest to you:

Education

• What Educational Institutions Need to Know About the CARES Act
• What Elementary and Secondary Schools with IDEA Students Need to Know About the CARES Act

Employee Benefits 

• The CARES Act: Provisions Affecting Retirement and Health Plans

Energy

• What the Energy Sector Needs to Know About the CARES Act

General Business

• The CARES Act: Tax Relief Provisions
• CARES Act Title IV Loans to Large and Midsize Businesses
• COVID-19 Relief Loans for Small Businesses
• The CARES Act: Data Sharing and Information Technology Provisions
• What Non-Profit Organizations Need to Know About the CARES Act

Healthcare & Life Sciences

• What Healthcare Providers Need to Know About the CARES Act
• What Biopharmaceutical and Medical Device Manufacturers Need to Know About the CARES Act
• What Clinical Labs Need to Know About the CARES Act 
  

Real Estate Development & Transportation |  State & Local Governments

• What the Real Estate Sector Needs to Know About the CARES Act
• What the Transportation Sector Needs to Know About the CARES Act
• What State and Local Governments Need to Know About the CARES Act

Foley Hoag has formed a firm-wide, multi-disciplinary task force dedicated to client matters related to the novel coronavirus (COVID-19). For more guidance on your COVID-19 issues, visit our Resource Page or contact your Foley Hoag attorney.