United States of America: $22 million in payroll support to Prosegur Services Group Inc. (Covid-19 related)

Announcement

02 Jun 2020

This support to the aviation sector stems from the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that President Trump signed into law on March 27, 2020.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jun 2020

Revocation date:

No revocation date

Updated: 02 Jun 2020

Financial grant In force

On June 2, 2020 the Department of the Treasury reached an agreement with Prosegur Services Group Inc. under which the aviation contractor received $22,620,474 in support during the Covid-19 pandemi...

Related State Acts

27 Mar 2020

United States of America: Subsidies and other trade-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

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