The 2020 COVID-19 pandemic has changed the legislative landscape dramatically in just a short time. In March alone, Congress passed three massive stimulus bills to address the economic fallout resulting from business closures due to the virus. The CARES Act, the largest spending bill in US history is a sweeping measure to boost nearly all sectors of the economy. Here BOMA offers a tax analysis of the major programs the bill funds to aid businesses both small and large, including commercial real estate. BOMA also achieved a longtime legislative victory in the CARES Act with correction for the Qualified Improvement Property (QIP) error. Fixing this error will allow landlords to reinvest money into their tenant spaces and depreciate them at 100% for the next two years.