Today, March 11, President Biden signed the American Rescue Plan Act of 2021 into law.
Read SHRM's full summary about which employer provisions are included in the final package, including:
COBRA Continuation Coverage
Modification to the Paycheck Protection Program
Veteran Rapid Retraining Assistance Program
Extension of Federal Pandemic Unemployment Assistance
Extension of Pandemic Emergency Unemployment Compensation
Extension of Emergency Unemployment Relief for Governmental Entities and Nonprofit Organizations
Employer Credits for Paid Sick and Family Leave
Employee Retention Credit
SHRM looks forward to working with Congress and the Administration to secure sound public policies that will help the country work towards economic recovery, and create better workplaces for all.
SHRM sent a letter to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy expressing concern over PRO act provisions that would:
Violate employee privacy
Revoke attorney-client privilege; and
Shorten union election time frames
SHRM members played an active role in voicing concern for the legislation, sending over 900+ letters in less than 24 hours to lawmakers opposing H.R. 842. The bill now goes to the Senate where the outlook for action is uncertain.
Click here to read more about the passage of the PRO Act, and what it means for workplace policy.
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SHRM, the Society for Human Resource Management, creates better workplaces where employers and employees thrive together. As the voice of all things work, workers and the workplace, SHRM is the foremost expert, convener and thought leader on issues impacting today’s evolving workplaces. With 300,000+ HR and business executive members in 165 countries, SHRM impacts the lives of more than 115 million workers and families globally.
