CARES ACT – $2 Trillion in Coronavirus Relief Including Expanded Unemployment Insurance
The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) was signed into law on Friday, March 27, 2020. The massive bill provides economic relief for both workers who are laid off and businesses which have shut down or curtailed business operations as a result of the COVID-19 pandemic. The scope of the CARES Act, also known as the stimulus bill, goes far beyond worker benefits and also provides loans for small and large companies as well as multi-faceted support for America’s health care system. This client alert summarizes the expanded unemployment insurance provisions of the CARES Act which provide financial assistance to workers unable to work due to COVID-19.
Murphy, Hesse, Toomey & Lehane, LLP Partners presented their Labor & Employment Law Update in collaboration with the Cape Cod Human Resources Association. Attorney Nan ONeill presented the first segment titled “Creating Your Tool Kit for Meeting Reasonable Accommodation Obligations”, where she examined reasonable accommodation obligations applicable in the current health crises, including the global pandemic and opioid misuse, and outlined steps to create your own toolkit. Attorney Kier Wachterhauser presented a 2020-2021 Case Law Update, followed by Read More
On March 11, 2021, President Biden signed the American Rescue Plan Act (“ARPA”) which provides for a $1.9 trillion economic stimulus package. State and local governments, and also many educational entities, will receive substantial funding. Having endured the last year of the global COVID-19 pandemic, both states and local governments, as well as schools, have experienced unexpected expenses, losses in revenues, and budgetary burdens. The purpose of this Client Alert is to explain generally how funds from the ARPA relief aid have been designated to alleviate those COVID-19-related challenges.