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The COVID-19 Pandemic Phase III Stimulus Package (also referred to as the CARES Act) signed into law today by President Trump will provide potential relief for churches and pastors, thanks to efforts by the Church Alliance, a national coalition of large and historic church benefit boards, including GuideStone®, and Southern Baptist partners to ensure churches and pastors have the same options as small businesses and self-employed individuals attempting to financially weather the economic turmoil wrought by COVID-19.
“Churches and pastors have options available to them depending on their own situations and convictions,” GuideStone President O.S. Hawkins said. “While we would never tell a pastor what he must do, it is good that the options are available for pastors and churches who may wish to avail themselves of the options available through this legislation.”
Pastors and other taxpayers will be eligible to receive up to $1,200 rebate ($2,400 married), plus $500 per child. Those amounts are reduced for certain higher-income taxpayers. Additionally, unemployment benefits, usually not available to church or ministry employees, may be available under certain circumstances.