The new Covid-19 relief bill passed by the House contains relief in the form of extended unemployment benefits for more than five months, giving recipients an extra $400 a week through Aug. 29.
In addition. stimulus checks of $1,400 will be given to adults earning less than $75,000, with $1,400 for children under age 17.
The relief bill now moves to the Senate, where a provision to strike the $15 federal minimum wage provision faces steep opposition from Republican lawmakers. Democrats can still pass the bill with a simple majority using a budget rule called reconciliation.
There’s good news for self-employed, gig workers and others who don’t qualify for state-level assistance. They will be eligible for extra weeks of state benefits to the long-term unemployed under the bill’s provision for Pandemic Emergency Unemployment Compensation The bill would offer PUA recipients a maximum 74 weeks of benefits, up from 50.
The bill also provides an extra $100 a week for certain self-employed workers. Workers are eligible for this if they make at least $5,000 in net self-employment income and aren’t receiving benefits through the Pandemic Unemployment Assistance program.
Individuals with an adjusted gross income (AGI) in 2020 of up to $75,000 (or couples who earned up to $150,000), and heads of households with an AGI up to $112,500, would qualify for the full amount.
The amount would be reduced and could potentially be zero for Americans with higher AGIs.
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