RISE Act of 2021

The RISE Act of 2021, also known as Bill 117 hr 4786, is a piece of legislation introduced in the US Congress aimed at addressing the economic impact of the COVID-19 pandemic. The bill focuses on providing relief to individuals and businesses that have been negatively affected by the pandemic.

One of the key provisions of the RISE Act is the establishment of a grant program to provide financial assistance to small businesses that have experienced a significant decline in revenue due to the pandemic. These grants are intended to help businesses cover operating expenses and retain employees during this challenging time.

Additionally, the bill includes measures to support individuals who have lost their jobs or experienced a reduction in income as a result of the pandemic. This includes extending unemployment benefits and providing additional financial assistance to those in need. The RISE Act also includes provisions to support healthcare providers and essential workers who have been on the front lines of the pandemic response. This includes funding for personal protective equipment, testing and vaccination efforts, and mental health support for healthcare workers. Overall, the RISE Act of 2021 is a comprehensive piece of legislation aimed at providing much-needed relief to individuals and businesses impacted by the COVID-19 pandemic. It addresses a wide range of issues related to the economic impact of the pandemic and seeks to support those most affected by these challenging times.