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It’s become tradition for lawmakers and lobbyists that the first Wednesday of each new legislative session start with an early morning surrounded by hundreds of their closest friends at the Georgia World Congress Center jockeying to read the political tea leaves (and get a better table assignment) at the Georgia Chamber of Commerce’s Eggs & Issues breakfast. That tradition lived on today, although in an all-virtual format, as attendees gathered around their computer monitors with their own coffee and breakfast of choice. Attendees heard from the State’s top three leaders, Governor Brian Kemp, Lieutenant Governor Geoff Duncan, and Speaker of the House David Ralston, as they teased their priorities for the session. And in segments new to this year’s event, Democratic and freshman lawmakers shared their perspectives with guests. More details on #EggsAndIssues21, as well as highlights of new legislation introduced in b
The Consumer Financial Protection Bureau (“Bureau” or “CFPB”) Taskforce on Federal Consumer Financial Law (“Taskforce”) released a two-volume report, on January 5, 2021, providing an.
The Consolidated Appropriations Act, 2021, H.R. 133 (the “
CAA”) signed into law by the President on December 27, 2020 and a variety of IRS guidance issued in the first week of 2021 mean that employers entering the new year have lots of COVID-19 relief to digest. This Alert is the first part of our three-part series focusing on COVID-related changes affecting employers and their employee benefit plans. Here we focus on flexible spending accounts.
FSAs Can Allow Longer Carryovers & Grace Periods
Plan sponsors may choose to amend their flexible spending account (“
FSA”) plans to allow employees to carry over
any unused FSA balances from the 2020 plan year into the 2021 plan year and to carry over
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While many employers believed that the WARN Act’s safe harbor provision for extreme and unexpected situations exempted job cuts made in the face of the COVID-19 pandemic, one U.S. Federal Court judge recently held otherwise.
Middle District of Florida Judge Roy B. Dalton recently denied a motion to dismiss that the COVID-19 pandemic is not an excuse to circumvent the notice requirements in the WARN Act. In
Benson, et al. v. Enterprise Holdings, Inc., et al., a proposed class action case, the plaintiffs alleged the defendants (car rental firms and the associated holding company) terminated them, along with hundreds of others, without providing advanced notice as required by the statute.
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