Economic Aid to Hard-Hit Sectors Act

The Economic Aid to Hard-Hit Sectors Act is a government program designed to provide financial assistance to industries severely affected by economic disruptions, such as the hospitality, travel, and entertainment sectors. It aims to support businesses and workers facing hardships, helping them recover and maintain operations. This aid can include grants, loans, or other forms of financial relief, targeting sectors that have experienced significant revenue losses or closures due to crises like the COVID-19 pandemic. The goal is to preserve jobs, stabilize these industries, and promote economic recovery.