S. 4209 · 116th Congress
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
Law · 116-151 · Aug 3, 2020Key: what the circles and colors mean
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
26 cosponsors · 14 D, 11 R, 1 I
26 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Jul 2, 2020
- Senate Passed Jul 2, 2020
- House Passed Jul 9, 2020
- President To the President Jul 22, 2020
- President Signed Aug 3, 2020
- Law Aug 3, 2020
Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
What it does: CRS summary · Public Law · Aug 3, 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 has 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 unemployment after March 12, 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 (Aug 3, 2020): Became Public Law No: 116-151.
Policy area: Labor and Employment · Origin: Senate · Introduced: Jul 2, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Jul 2, 2020
- Senate Passed Jul 2, 2020
- House Passed Jul 9, 2020
- President To the President Jul 22, 2020
- President Signed Aug 3, 2020
- Law Aug 3, 2020
No recorded floor vote found.