S. 4001 · 116th Congress
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ScottSponsor26 cosponsors · 14 D, 11 R, 1 I
D
Brown
TC
D
Carper
JC
R
Cornyn
BC
D
Casey
CG
R
Grassley
MH
D
Hassan
JL
R
Lankford
DP
R
Perdue
RW
D
Wyden
BC
D
Cardin
KL
R
Loeffler
SD
R
Daines
JE
R
Ernst
AK
I
King
SW
D
Whitehouse
CB
D
Booker
KC
R
Cramer
LG
R
Graham
TS
D
Smith
RB
D
Blumenthal
CH
R
Hyde-Smith
RD
D
Durbin
AK
D
Klobuchar
JR
D
Reed
MR
R
Romney
MW
D
Warner9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
What it does: CRS summary · Introduced in Senate · Jun 18, 2020
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
This bill permits certain governmental entities, federally recognized tribes, and nonprofit organizations to make up front payments of 50% of unemployment benefits into the state Unemployment Trust Fund (in lieu of contributions) to be used exclusively to reduce such payments resulting from the COVID-19 (i.e., coronavirus disease 2019) pandemic.
Currently, the Department of Labor issued guidance on April 27, 2020 (UIPL 18-20), requiring states to collect 100% of such payments up front and then reimburse them by 50% later.
In addition, the bill allows states to opt to issue such reimbursements or to reduce the amounts required to be paid for weeks of employment on or after March 13, 2020, and before enactment of this bill.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
Latest action (Jun 18, 2020): Read twice and referred to the Committee on Finance.
Policy area: Labor and Employment · Origin: Senate · Introduced: Jun 18, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.