Definitions
Payroll support grants
In general
Apportionments
In general
The Secretary shall apportion funds to eligible air carriers and eligible contractors in accordance with the requirements of this section not later than .
Eligible air carriers
Eligible contractors
section 9093(a) of this titleThe Secretary shall apportion, to each eligible contractor, an amount equal to the total amount such contractor received pursuant to .
In general
Forms; terms and conditions
4
Procedures
The Secretary shall publish streamlined and expedited procedures not later than 5 days after , for eligible air carriers and eligible contractors to submit requests for financial assistance under this section.
Deadline for immediate payroll assistance
Not later than 10 days after , the Secretary shall make initial payments to air carriers and contractors that submit requests for financial assistance approved by the Secretary.
Taxpayer protection
section 9098 of this titleThe Secretary shall receive financial instruments issued by recipients of financial assistance under this section in the same form and amount, and under the same terms and conditions, as determined by the Secretary under .
Administrative expenses
Of the amounts made available under paragraph (1)(A), $10,000,000 shall be made available to the Secretary for costs and administrative expenses associated with providing financial assistance under this section.
Funding
In addition to amounts otherwise available, there is appropriated for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $15,000,000,000, to remain available until expended, to carry out this section.
Pub. L. 117–2, title VII, § 7301135 Stat. 104(, , .)
Editorial Notes
Codification
Section was enacted as part of the American Rescue Plan Act of 2021, and not as part of the CARES Act which in part comprises this chapter.