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.
Kathryn Murphy, a Partner at Murphy, Hesse, Toomey & Lehane, LLP presented a training session last month titled “Discriminatory Harassment Prevention Training for Managers”. Ms. Murphy began the training session with an introduction to legal basics where she emphasizes that discrimination is prohibited in any aspect of employment, and that the law prohibits discrimination against an individual based on race, color, religion, sex, pregnancy, gender identity, sexual orientation, age, etc. The second section of the training outlined specific policies 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.