S. 1557 · 117th Congress
National Signing Bonus Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
SasseSponsorNo cosponsors.
This bill replaces existing Federal Pandemic Unemployment Compensation payments for unemployed individuals with two-time signing bonuses for newly employed individuals.
What it does: CRS summary · Introduced in Senate · May 11, 2021
National Signing Bonus Act of 2021
This bill replaces existing Federal Pandemic Unemployment Compensation payments for unemployed individuals with two-time signing bonuses for newly employed individuals.
Specifically, the bill allows states to provide up to two direct payments to individuals who are eligible for Federal Pandemic Unemployment Compensation prior to commencing employment with a new employer. The individual must continue employment with the new employer for at least four weeks before July 4, 2021, to be eligible for the first $1,212 payment under the bill and for at least eight weeks before July 4, 2021, to be eligible for the final $1,212 payment.
The bill otherwise eliminates federal reimbursement for Federal Pandemic Unemployment Compensation payments.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Signing Bonus Act of 2021
Latest action (May 11, 2021): Read twice and referred to the Committee on Finance.
Policy area: Labor and Employment · Origin: Senate · Introduced: May 11, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.