According to Senate Minority Leader Chuck Schumer (D-NY), checks would be cut April 6.

Key provisions via Bloomberg:

Big Businesses: About $500 billion can be used to back loans and assistance to companies, including $50 billion for loans to U.S. airlines, as well as state and local governments. Small Businesses: More than $350 billion to aid small businesses, including $10 billion in SBA grants of up to $10,000 for small business costs, and $17 billion for SBA to cover six months of payments for businesses with current SBA loans. Hospitals: A $150 billion boost for hospitals and other health-care providers for equipment and supplies. Individuals: Direct payments to lower- and middle-income Americans of $1,200 for each adult, as well as $500 for each child.



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