On March 11, 2021, President Biden signed H.R. 1319, the American Rescue Plan Act (ARPA) passed by Congress one day earlier, into law. ARPA is the sixth major COVID-19 response legislation to become law since the spring of 2020. ARPA includes provisions related to unemployment benefits as well as multi-employer pension plans.
Specific employee benefits provisions of the new law include:
Continues $300 in extra weekly benefits through September 6, 2021. These benefits were set to expire on March 14, 2021.
Makes the first $10,200 in unemployment benefits tax-free in 2020 for taxpayers making less than $150,000 per year.
Fully subsidizes the cost of health insurance premiums for workers through September 30, 2021 (i.e., COBRA).
Lawmakers strike bipartisan deal to extend small business loan program msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Colorado led the nation during the economic recovery after the 2008 Great Recession, but representatives from business groups said Tuesday that it won’t be repeated, given $1.8 billion in new regulations, fees and taxes.
“We emerged stronger, created jobs faster because we fostered a strong business climate,” and it made Colorado the envy of the nation, said Kristin Strohm of the Common Sense Institute, who was joined by leaders from the state’s largest chambers of commerce: Kelly Brough of Metro Denver, Loren Furman from the Colorado Chamber of Commerce and Rachel Beck from the Colorado Springs Chamber.
But Colorado has been overrun by an onslaught of taxes and fees in the last three years, Strohm said, making slim the chances of a similar economic recovery.
NJ restaurants, gyms, casinos allowed 50% capacity on March 19 nj1015.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nj1015.com Daily Mail and Mail on Sunday newspapers.