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Congress Includes COVID-19 Economic Relief Provisions for Employers and Individuals in Federal Government Funding Bill | Ogletree, Deakins, Nash, Smoak & Stewart, P C

To embed, copy and paste the code into your website or blog: On December 21, 2020, Congress passed a massive bill (H.R. 133) that would fund the federal government for the remainder of fiscal year (FY) 2021 while also providing $900 billion in COVID-19 economic relief for employers and individuals. President Trump signed the bill into law on December 27, 2020. Coming in at a total cost of $2.3 trillion and a page count approaching 6,000, in some ways it is easier to explain what is not in the bill, rather than what is covered by the bill. Nevertheless, below are some of the key provisions of the legislation of importance to employers.

CARES Act II Will Provide Relief for Unemployed and Help Connecticut Businesses in Economic Recovery

CARES Act II Will Provide Relief for Unemployed and Help Connecticut Businesses in Economic Recovery Written by Gov. Ned Lamont Governor Ned Lamont and Connecticut Department of Labor Commissioner Kurt Westby today provided an update on the Emergency Coronavirus Recovery Act of 2020, known as the CARES Act extension. The law protects Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs; allocates an additional $300 per week benefit for all claimants for up to 11 weeks; extends the interest waiver for Trust Fund borrowing; and continues 100 percent federal funding for the Shared Work program. “This legislation is vital to providing stability for both individuals and businesses in the state,” 

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