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COVID-19 Relief Bill Provides $300M For U.S. Fisheries Participants

March 27, 2020 — The United States Senate voted 96-0 on March 25 to pass a $2 trillion coronavirus relief package. The bill will now head to the House of Representatives, who are set to vote on the Coronavirus Aid Relief and Economic Security (CARES) Act, HR 748 bill on Friday.

This will mark the largest economic stimulus package in the history of the country and it includes $500 billion in funding for various U.S. industries including $4 billion to cargo carriers, which helps the seafood industry in moving product in and out of the country. Many Americans will also receive $1,200 in relief (Find the full bill here).

Read the full story at Seafood News

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