skip to main content

H.R. 805: Layoff Prevention Act of 2021


The text of the bill below is as of Feb 4, 2021 (Introduced).


I

117th CONGRESS

1st Session

H. R. 805

IN THE HOUSE OF REPRESENTATIVES

February 4, 2021

(for herself and Mr. Pocan) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To provide for an extension of temporary financing of short-time compensation programs.

1.

Short title

This Act may be cited as the Layoff Prevention Act of 2021.

2.

Extension of temporary financing of short-time compensation payments in states with programs in law

Section 2108(b)(2) of the CARES Act (15 U.S.C. 9026(b)(2)) is amended is striking March 14, 2021 and inserting the date that is 5 years and 6 months after the date of enactment of the Layoff Prevention Act of 2021.

3.

Extension of temporary financing of short-time compensation agreements

Section 2109(d)(2) of the CARES Act (15 U.S.C. 9027(d)(2)) is amended by striking March 14, 2021 and inserting the date that is 2 years and 13 weeks after the date of enactment of the Layoff Prevention Act of 2021.

4.

Extension of grants for short-time compensation programs

(a)

Extension; additional funding

Section 2110 of the CARES Act (15 U.S.C. 9028) is amended—

(1)

in subsection (b)(1), by striking $100,000,000 and inserting $200,000,000;

(2)

in subsection (c)(1), by striking December 31, 2023 and inserting December 31, 2026; and

(3)

in subsection (g), by striking $100,000,000 and inserting $200,000,000.

(b)

Effective date

The amendments made by subsection (a) shall take effect as if included in the enactment of the CARES Act (Public Law 116–136).