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COVID-19 Alert: The American Rescue Plan Act Of 2021: What Employers Need to Know

April 5, 2021 Leave a comment

 

By: Joe Hunt, Matthew Mitchell, & Amanda Thibodeau

On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”). ARPA provides $1.9 trillion in stimulus, and establishes new, significant employee rights and employer obligations, to address the economic fall-out of the COVID-19 pandemic.

The key ARPA provisions that affect employers include the following:

  • Consolidated Omnibus Budget Reconciliation Act
  • Families First Coronavirus Response Act Leave
  • Short-Time Compensation Programs
  • Employee Retention Credits

Read more in our latest COVID-19 Alert.