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S. 4209 · 116th Congress

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020

Law · 116-151 · Aug 3, 2020
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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.

  1. Senate Introduced Jul 2, 2020
  2. Senate Passed Jul 2, 2020
  3. House Passed Jul 9, 2020
  4. President To the President Jul 22, 2020
  5. President Signed Aug 3, 2020
  6. 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)

  1. Senate Introduced Jul 2, 2020
  2. Senate Passed Jul 2, 2020
  3. House Passed Jul 9, 2020
  4. President To the President Jul 22, 2020
  5. President Signed Aug 3, 2020
  6. Law Aug 3, 2020

No recorded floor vote found.