This bill provides $8.3 billion in emergency funding for federal agencies to respond to the coronavirus outbreak.
- Provide funding for the research and development of vaccines, therapeutics, and diagnostics
- Provide funding for the prevention, preparedness, and response efforts – at the federal, state, and local levels
- Provide funding for medical supplies and health-care preparedness
- Provide funding for international COVID-19 response
TITLE II – SMALL BUSINESS ADMINISTRATION, DISASTER LOANS PROGRAM ACCOUNT (INCLUDING TRANSFERS OF FUNDS)
Provides additional amount of $20M for administering the disaster loan program, which grants economic injury disaster loans
Broken down organizationally, the bill provides emergency supplemental
funding for the following departments and agencies with the United States Department of Health and Human Services:
- Food and Drug Administration
- Centers for Disease Control and Prevention
- National Institutes of Health
- Public Health and Social Services Emergency Fund.
Outside of HHS, the bill provides additional funding for:
- Small Business Administration
- Department of State
- U.S. Agency for International Development.
Complementary policy responses
- Families First Coronavirus Response Act
- Coronavirus Aid, Relief, and Economic Security Act