FEDERAL · 15 U.S.C. · Chapter 116
Pandemic relief for aviation workers
Current through Pub. L. 119-102
Title 15 — Commerce and Trade·Ch. 116 — CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT)·Subch. III·Pt. C
(a)Financial assistance for employee wages, salaries, and benefits
Notwithstanding any other provision of law, to preserve aviation jobs and compensate air carrier industry workers, the Secretary shall provide financial assistance that shall exclusively be used for the continuation of payment of employee wages, salaries, and benefits to—
(1)passenger air carriers, in an aggregate amount up to $15,000,000,000; and
(2)contractors, in an aggregate amount up to $1,000,000,000.
(b)Administrative expenses
Notwithstanding any other provision of law, the Secretary may use funds made available under section 9072(b) of this title for costs and administrative expenses associated with providing financial assistance under this part.
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Related
Air Excursions LLC v. Janet Yellen
66 F.4th 272 (D.C. Circuit, 2023)
Source Credit
History
(Pub. L. 116–260, div. N, title IV, §402, Dec. 27, 2020, 134 Stat. 2053.)
Editorial Notes
Editorial Notes
References in Text
This part, referred to in subsec. (b), was in the original "this subtitle", meaning subtitle A (§§401–412) of title IV of div. N of Pub. L. 116–260, Dec. 27, 2020, 134 Stat. 2052, which enacted this part and amended sections 9041, 9071, and 9074 of this title. For complete classification of subtitle A to the Code, see Tables.
Codification
Section was enacted as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and also as part of the Consolidated Appropriations Act, 2021, and not as part of the CARES Act which in part comprises this chapter.
References in Text
This part, referred to in subsec. (b), was in the original "this subtitle", meaning subtitle A (§§401–412) of title IV of div. N of Pub. L. 116–260, Dec. 27, 2020, 134 Stat. 2052, which enacted this part and amended sections 9041, 9071, and 9074 of this title. For complete classification of subtitle A to the Code, see Tables.
Codification
Section was enacted as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and also as part of the Consolidated Appropriations Act, 2021, and not as part of the CARES Act which in part comprises this chapter.