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USA

2. State Aid

CARES Act

Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act addresses a multitude of ways in which the federal government seeks to support businesses impacted by the pandemic and employees affected by COVID-19. Key areas of interest for employers relate to business loans, unemployment benefits, retirement plans, tax credits and executive compensation. A full analysis of the CARES Act’s key areas of interest for employers is available on the Jackson Lewis website here.

Below are additional Jackson Lewis resources to help navigate the CARES Act:

FFCRA

On March 18, 2020 President Trump signed the Family First Corona Response Act (FFCRA) into law, requiring certain employers to provide their employees with paid sick leave and expanded family and medical leave for specific reasons related to COVID-19. The FFCRA creates two new emergency paid leave requirements in response to the COVID-19 global pandemic that will remain in effect from April 1, 2020 through December 31, 2020. “The Emergency Paid Sick Leave Act” (EPSLA) entitles certain employees to take up to two weeks of paid sick leave. “The Emergency Family and Medical Leave Expansion Act” (EFMLEA) amends Title I of the Family and Medical Leave Act, 29 U.S.C. 2601 et seq. (FMLA) and permits certain employees to take up to twelve weeks of expanded family and medical leave, ten of which are paid, for specified reasons related to COVID-19.

Analysis of the FFCRA is available here:

Any questions

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