S 4001 · 116th Congress 2019–2021, ended

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020

Introduced Jun 18, 2020 Originated Senate Sponsor Tim Scott R-SC

Fact sheet

Latest action · Jun 18, 2020 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 18, 2020
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020

This bill permits certain governmental entities, federally recognized tribes, and nonprofit organizations to make up front payments of 50% of unemployment benefits into the state Unemployment Trust Fund (in lieu of contributions) to be used exclusively to reduce such payments resulting from the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Currently, the Department of Labor issued guidance on April 27, 2020 (UIPL 18-20), requiring states to collect 100% of such payments up front and then reimburse them by 50% later.

In addition, the bill allows states to opt to issue such reimbursements or to reduce the amounts required to be paid for weeks of employment on or after March 13, 2020, and before enactment of this bill.

Cosponsors 26

Members who signed on, in the order they did. Signatures ran from Jun 18, 2020 to Jul 2, 2020, with 9 there on the day it was introduced.

SeatCosponsorSigned on
R-IAChuck GrassleyOriginalJun 18, 2020
R-GADavid PerdueOriginalJun 18, 2020
R-OKJames LankfordOriginalJun 18, 2020
R-TXJohn CornynOriginalJun 18, 2020
D-NHMargaret Wood HassanOriginalJun 18, 2020
D-PARobert P. Casey Jr.OriginalJun 18, 2020
D-ORRon WydenOriginalJun 18, 2020
D-OHSherrod BrownOriginalJun 18, 2020
D-DEThomas R. CarperOriginalJun 18, 2020
D-MDBenjamin L. CardinJun 23, 2020
R-GAKelly LoefflerJun 23, 2020
I-MEAngus S. King Jr.Jun 25, 2020
R-IAJoni ErnstJun 25, 2020
D-RISheldon WhitehouseJun 25, 2020
R-MTSteve DainesJun 25, 2020
Show all 26 cosponsors

Actions 2

Everything that happened, newest first.

  1. Jun 18, 2020Introduced in Senate
  2. Jun 18, 2020Read twice and referred to the Committee on Finance.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 4209Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020Related billAug 3, 2020

Subjects

Assigned by the Library of Congress. Policy area: Labor and Employment.

Text 1

Each version as it was printed, newest first.

  1. Jun 18, 2020Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.