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Income Taxes
9 Months Ended
Sep. 30, 2020
Income Taxes  
Income Taxes

Note 14—Income Taxes

The Company’s effective income tax rates were 26.5% and 26.9% for the quarters ended September 30, 2020 and 2019, respectively and 26.4% and 26.3% for the nine months ended September 30, 2020 and 2019, respectively.

The CARES Act, passed in March 2020, introduced a number of tax law changes which are generally taxpayer favorable. The Company does not anticipate any material changes in its effective income tax rates resulting from the CARES Act.