What’s in the Latest Federal COVID-19 Relief Bill?
OMA Connections Fisher Phillips has published a summary of President Biden’s $1.9 trillion spending bill, as approved by the U.S. House. The bill, which is now being considered by the Senate, includes the following:
An extension of tax credits for employers that voluntarily provide FFCRA leave from March 31, 2021 to Sept. 30, 2021;
An additional $7.25 billion for the Paycheck Protection Program; and
An expansion of supplemental weekly unemployment benefits from $300 a week to $400 a week, while increasing the number of entitlement weeks from 50 weeks to 74 weeks, and extending unemployment benefits from mid-March through Aug. 29.