The U.S. House of Representatives passed the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act roughly 36 hours after the Senate passed the same legislation. The bill heads to the desk of the president for a signature. President Trump indicated that he will sign the legislation as soon as possible.
The CARES Act includes $25 billion in emergency funding for transit agencies and slightly more than $1 billion in funding for Amtrak. Once enacted, the funds must be distributed within seven days.
For more on the CARES Act, see Mass Transit's write up this week following its passage in the Senate.