CARES RELIEF ACT

LOCAL GOVERNMENTS AND THE CORONAVIRUS RELIEF FUND

• On March 27, 2020, the President signed into law the U.S. government’s Phase 3 aid package to provide relief due to the novel coronavirus (“COVID-19”) through the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).

• West Virginia received $1.25 Billion dollars from the $150 billion allocated by Congress through the Coronavirus Relief Fund.

• Governor Justice has made available $200 million dollars of this fund to reimburse local governments for expenditures relating to their response to the public health emergency.