H.R. 805, Layoff Prevention Act of 2021
Summary
H.R. 805, the Layoff Prevention Act of 2021, introduced in the House of Representatives on February 4, 2021 by Ms. DeLauro and Mr. Pocan and referred to the Committee on Ways and Means. The bill's stated purpose is to provide for an extension of temporary financing of short-time compensation programs. It amends sections of the CARES Act to replace the date March 14, 2021 with later periods tied to enactment. A further section amends section 2110 to raise amounts from $100,000,000 to $200,000,000 and extend a date to December 31, 2026.
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Cite this document
“H.R. 805, Layoff Prevention Act of 2021.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr805ih-bills-117hr805ih/
, SHA-256 dabdf8735682347bc2e5763a78d36df02abcae5449f6a17c1824997b421b43f1.Full text
I
117TH CONGRESS
1ST SESSION
H. R. 805
To provide for an extension of temporary financing of short-time compensation
programs.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 4, 2021
Ms. DELAURO (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 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Layoff Prevention Act
5 of 2021’’.
6 SEC. 2. EXTENSION OF TEMPORARY FINANCING OF SHORT-
7 TIME COMPENSATION PAYMENTS IN STATES
8 WITH PROGRAMS IN LAW.
pamtmann on DSKBC07HB2PROD with BILLS
9 Section 2108(b)(2) of the CARES Act (15 U.S.C.
10 9026(b)(2)) is amended is striking ‘‘March 14, 2021’’ and
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2
1 inserting ‘‘the date that is 5 years and 6 months after
2 the date of enactment of the Layoff Prevention Act of
3 2021’’.
4 SEC. 3. EXTENSION OF TEMPORARY FINANCING OF SHORT-
5 TIME COMPENSATION AGREEMENTS.
6 Section 2109(d)(2) of the CARES Act (15 U.S.C.
7 9027(d)(2)) is amended by striking ‘‘March 14, 2021’’
8 and inserting ‘‘the date that is 2 years and 13 weeks after
9 the date of enactment of the Layoff Prevention Act of
10 2021’’.
11 SEC. 4. EXTENSION OF GRANTS FOR SHORT-TIME COM-
12 PENSATION PROGRAMS.
13 (a) EXTENSION; ADDITIONAL FUNDING.—Section
14 2110 of the CARES Act (15 U.S.C. 9028) is amended—
15 (1) in subsection (b)(1), by striking
16 ‘‘$100,000,000’’ and inserting ‘‘$200,000,000’’;
17 (2) in subsection (c)(1), by striking ‘‘December
18 31, 2023’’ and inserting ‘‘December 31, 2026’’; and
19 (3) in subsection (g), by striking
20 ‘‘$100,000,000’’ and inserting ‘‘$200,000,000’’.
21 (b) EFFECTIVE DATE.—The amendments made by
22 subsection (a) shall take effect as if included in the enact-
23 ment of the CARES Act (Public Law 116–136).
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