Stimulus Bill: The American Recovery and Reinvestment Act of 2009
On February 17, 2009 President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA), more commonly referred to as the stimulus bill. The legislation is an estimated $787 billion package of spending provisions and tax incentives created to aid with the financial and economic crisis currently facing the United States.
How will this legislation affect you and your business? To assist our clients in interpreting and evaluating the 1,200 pages of text that outline the stimulus bill, Ice Miller has gathered a team of attorneys and professionals to analyze the ARRA and its impact on various industries. View summary components of the bill presented in an easy to use chart.
Along with information regarding each area listed below, you will find news articles, bulletins and links to various resources to assist you along the way. In addition there is a link to a team member for each category should you need further advice or guidance.
Agriculture and Rural Development
Debt Restructuring Tax Relief Included in Stimulus Package
Treasury Issues Guidance on "Involuntary Termination" for COBRA Subsidy Purposes
DOL Issues New Model COBRA Notices for Subsidy
IRS Publication 15-T and the "Making Work Pay" Tax Credit
The New COBRA Challenge: Subsidies, Notices, and a Second Bite at the COBRA Apple
Additional Obligations on Certain Employers Hiring New H-1B Workers
Stimulus Bill Impacts Employers
Summary of Bond Provisions of the Recovery Act Applicable to Indiana School Corporations
Summary of Bond Provisions of the Recovery Act Applicable to Illinois School Districts
Economic Stimulus through Municipal Bonds – The American Recovery & Reinvestment Act of 2009
