On Wednesday night, the U.S. Senate passed a $2 trillion stimulus bill in response to the coronavirus (COVID-19) pandemic. The legislation for the stimulus package now moves to the House of Representatives, where it is expected to pass in a vote on Friday morning.
If approved, the bill would then go to the desk of President Trump to be signed into law. (The text of the bill is here.) The plan includes numerous steps meant to ease the economic fallout from COVID-19, including direct payments to individuals, a grace period for student loan payments, and billions of dollars for hospitals.
A few of the provisions could be particularly significant for songwriters and musicians, and industry groups including ASCAP and the Recording Industry