At a Glance: The New Federal COVID-19 Law

The latest federal COVID-19 bill — the American Rescue Plan Act, which authorizes another $1.9 trillion in spending — is now law. It contains a total of $11.2 billion for Ohio, according to reports. Here are the press releases from Ohio’s U.S. Sens. Rob Portman and Sherrod Brown.

OMA Connections Partner Plante Moran has published this summary of the law. Connections Partner Fisher Phillips has a similar summary.

Among other things, the law expands the employee retention credit, extends payroll credits for COVID-19-related paid sick leave and paid family leave, and adds funding to the Paycheck Protection Program. It also extends the additional pandemic unemployment payments at $300 (versus $400) through Sept. 6. The $15 minimum wage provision is not included. 3/12/2021

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