Maloney Votes to Deliver $70B+ to NYS, Passes American Rescue Plan

Feb 27, 2021
Press Release

WASHINGTON, DC – Today, Congresswoman Carolyn B. Maloney (D-NY), Chair of the Committee on Oversight and Reform, voted to pass H.R. 1319, The American Rescue Plan Act of 2021. Funding and assistance from this bill is expected to deliver more than $70 billion to New York State, its communities, and its families.

As Chair of the Committee on Oversight and Reform, Congresswoman Maloney oversaw the provisions of the package to provide $350 billion in new coronavirus funds for states, localities, Tribal governments, and territories; $117 million for oversight entities to promote transparency and accountability of all federal coronavirus relief funds; and emergency covid-related leave for federal employees and postal workers.

The Congresswoman spoke on the floor late Friday evening, urging all her colleagues to join her in voting to pass the bill. You can read those remarks, as prepared for delivery, here.

After voting to pass the bill, Congresswoman Maloney said, “It has been an incredibly difficult year and we owe a tremendous amount of gratitude to all those working on the frontlines to keep us healthy, safe, and fed and I am hopeful that the American Rescue Plan will give them the tools they need to continue doing that work safely. Having been the epicenter of the pandemic in the early months, our city and state are in desperate need for federal aid and relief – and I’m proud to report that the COVID relief bill that the House passed delivers for New York, our communities, and our families. And this is just the beginning. This is the rescue plan – the life preserver we need as a city, state, and country to stay above water as we fight this virus. Next up is the recovery plan which will enable us to build back better.”

In addition to the provisions provided by the Oversight Committee, included in this bill are direct payments of $1,400 per person which, when coupled with the stimulus payments passed in December, deliver on House Democrats’ promise to provide $2,000 stimulus payments, and legislation to raise the federal minimum wage to $15 per hour.

The bill, among other provisions, also provides $51 billion to expand testing, contact tracing, and other mitigation activities; $130 billion to help K-12 schools safely re-open safely and stay open; and $26 billion for emergency rental assistance. It also expands the Child Tax Credit; extends the Federal Supplemental Unemployment Benefit (FPUC) while also increasing the benefit from $300 to $400 per month, and extends the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs.

Specifically, New York State, its communities, and families are estimated to receive more than $70 billion under the bill’s current provisions:

  • $23.538 billion: Direct Aid (Coronavirus State and Local Fiscal Recovery Funds)
    • NYS: $12.66 billion
    • NYC: $5.947 billion
    • Other localities (Outside NYC): $4.931 billion
  • $1 billion: Medicaid FMAP Increase 
  • $12.32 billion: Education
    • K-12: $9.47 billion
    • Higher Ed: $2.85 billion
  • $8.88 billion: New York Area Transit
  • $418 million: New York Airports
  • $1.8 billion: Child Care
  • $441 million: Homelessness Assistance
  • $483.6 million: State Small Business Lending
  • $12.19 billion: Economic Impact Payments (stimulus checks)
  • $7.03 billion: Child Tax Credit
  • $786 million: Earned Income Tax Credit
  • $1.58 billion: Rental and Homeowners Assistance
    • Rental Assistance: $1.01 billion
    • Homeowners Assistance: $572 million 
  • $1.07 billion: Nutrition Assistance
    • Pandemic EBT Benefits: $810 million
    • SNAP 3-Month Benefit Increase: $227 million
    • WIC: $29 million

A section-by-section analysis of the package can be found here.

 

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