March 17, 2021 — U.S. President Joe Biden signed the American Rescue Plan Act into law on Thursday, 11 March, almost one year after the CARES Act established the country’s first federal coronavirus relief bill.
The USD 1.9 trillion (EUR 1.6 trillion) American Rescue Plan Act is the largest spending package in U.S. history and contains significantly less relief for the commercial fishing and seafood industries than the CARES Act included, though much of that funding is yet to be distributed.