GroupBuck_BondGroup
President signs coronavirus bill

President signs coronavirus bill

by , and Tags: , , , ,

Late yesterday, the Senate overwhelmingly approved the Families First Coronavirus Response Act (H.R. 6201) without any changes to the House-passed bill. President Trump immediately signed the bill into law.

Download this FYI Alert as a printable PDF

Major coronavirus response bill

The new law provides paid leave benefits, enhances Unemployment Insurance benefits, and institutes free coronavirus testing. It also provides tax credits to help cover the benefit cost and certain qualified health plan expenses. Our March 18, 2020 FYI includes a summary of the employee paid leave and health benefit provisions. They generally will go into effect no later than April 2, 2020 (15 days of the bill’s enactment) and sunset on December 31, 2020.

In closing

While awaiting further guidance, employers should begin to consider how best to coordinate the emergency FMLA and sick leave entitlements with existing leave policies and related state and local mandates.


Volume 43 | Issue 18

Related Insights

IRS expands permissible mid-year cafeteria plan election changes

To assist employees affected by the COVID-19 outbreak, the IRS has significantly increased employer...

Read more on FYI

DOL updates model COBRA notices

The DOL recently updated its model general COBRA notice and COBRA election notice to...

Read more on FYI

DOL, IRS issue additional retirement plan relief

Against the backdrop of the COVID-19 outbreak, the DOL, Department of Treasury, and the...

Read more on FYI