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May 14, 2020

The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act contains a reported $3 trillion in new federal fiscal obligations – including substantial tax changes.

May 13, 2020

Executive Summary House Democrats have released the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, an ambitious proposal for the next round of federal aid in response to the COVID-19 pandemic that nevertheless has only limited implications for financial services. HEROES proposes significant revisions to the Paycheck Protection Program, although it does not

May 14, 2020

The HEROES Act extends and expands the financial assistance and legal protections to virtually all renters and mortgage-holders, including prohibiting evictions or foreclosures for non-payment for up to one year.

May 13, 2020

Executive Summary The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, the proposed fourth coronavirus aid package, contains several education provisions that expand upon those that were in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Under HEROES, “economically distressed” student loan holders would see up to $10,000 in outstanding balances forgiven,

May 18, 2020

Many of the provisions of the HEROES Act are targeted at low-income individuals.

May 13, 2020

EXECUTIVE SUMMARY The recently released Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act includes several notable provisions expanding federal regulatory authority. The HEROES Act would require new regulations from the Occupational Safety and Health Administration and the Department of Transportation setting protocols for workplace and transportation safety. The Act expands the federal

May 14, 2020

Executive Summary  House Democrats’ Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act includes a number of provisions related to the labor force. The HEROES Act would extend the federal supplement for unemployment benefits into next year and would give the Department of Labor $3.1 billion mostly for worker training. The HEROES Act also

May 14, 2020

Executive Summary On May 12, Speaker Pelosi released the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, House Democrats’ $3 trillion proposal for a fourth round of COVID-19 pandemic-response legislation, which includes myriad health policy provisions. HEROES would respond to the problem of the newly uninsured by having the federal government cover 100

May 19, 2020

Eakinomics: A Silver Lining to the HEROES Cloud The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act contained a slew of provisions in tax, health, education, finance, housing, labor, energy and other policies, many of them not particularly attractive. As noted by AAF’s Gordon Gray, however, HEROES did represent a modest step forward in dealing with the

May 14, 2020

Executive Summary  House Democrats’ Health and Economic Recovery Omnibus Solutions (HEROES) Act, like coronavirus relief legislation before it, contains only minor provisions related to the energy sector.   The bill aims to ensure utility services remain available throughout the public health crisis and would help those customers in need to make payments.   The bill would provide aid to ethanol producers who produce a component