Workforce Retention Act of 2020

United States116th CongressS-4303Senate
Updated: Jul 23, 2020

Summary

Workforce Retention Act of 2020 This bill extends temporary funding for short-time compensation (STC) programs through December 22, 2022, and establishes state requirements for permanent, federally-financed STC programs. (STC, also known as work sharing, is a program within the federal-state unemployment system that provides pro-rated unemployment compensation to workers whose hours have been reduced in lieu of a layoff.)

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

  1. Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S4474-4475)

    Senate

  2. Introduced in Senate

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