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Bill > HR8213


US HR8213

Layoff Prevention Act of 2020


summary

Introduced
09/11/2020
In Committee
09/11/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To provide for temporary financing of short-time compensation programs. This bill provides 100% of temporary federal financing of limited short-time compensation (STC) payments in states with existing or new STC programs. (STC, also known as work sharing, is a program within the federal-state unemployment system that provides pro-rated unemployment compensation to workers whose hours have been reduced in lieu of a layoff.) Certain states without an STC program may enter into an agreement with the Department of Labor under which Labor will temporarily finance 50% of the state's STC payments. If such a state subsequently enacts a state law implementing a STC program that meets federal requirements it shall be ineligible for such 50% financing, but shall be eligible for the 100% financing. Federal financing of STC payments is limited to 260 weeks. Labor must award grants to states that enact STC programs to implement or improve administration of such programs and promote and enroll employers in STC programs; develop and provide model legislative language for states to develop and enact STC programs, including periodically reviewing and revising such language; provide technical assistance and guidance in developing, enacting, and implementing STC programs; and establish certain STC reporting requirements.

AI Summary

This bill provides for temporary federal financing of short-time compensation (STC) programs, also known as work sharing, in states with existing or new STC programs. The bill covers 100% of STC payments for states with STC programs in law, and 50% of STC payments for states without an STC program that enter into an agreement with the Department of Labor. The bill also provides grants to states to implement or improve administration of STC programs and promote employer enrollment. Additionally, the bill requires the Department of Labor to develop model legislative language, provide technical assistance, and establish reporting requirements for STC programs.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to the House Committee on Ways and Means. (on 09/11/2020)

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