Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
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.
- IntroducedJun 18, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- 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; 9 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IA | Chuck Grassley | Original | Jun 18, 2020 |
| R-GA | David Perdue | Original | Jun 18, 2020 |
| R-OK | James Lankford | Original | Jun 18, 2020 |
| R-TX | John Cornyn | Original | Jun 18, 2020 |
| D-NH | Margaret Wood Hassan | Original | Jun 18, 2020 |
| D-PA | Robert P. Casey Jr. | Original | Jun 18, 2020 |
| D-OR | Ron Wyden | Original | Jun 18, 2020 |
| D-OH | Sherrod Brown | Original | Jun 18, 2020 |
| D-DE | Thomas R. Carper | Original | Jun 18, 2020 |
| D-MD | Benjamin L. Cardin | Jun 23, 2020 | |
| R-GA | Kelly Loeffler | Jun 23, 2020 | |
| I-ME | Angus S. King Jr. | Jun 25, 2020 | |
| R-IA | Joni Ernst | Jun 25, 2020 | |
| D-RI | Sheldon Whitehouse | Jun 25, 2020 | |
| R-MT | Steve Daines | Jun 25, 2020 | |
| D-NJ | Cory A. Booker | Jun 29, 2020 | |
| R-ND | Kevin Cramer | Jun 29, 2020 | |
| R-SC | Lindsey Graham | Jun 30, 2020 | |
| D-MN | Tina Smith | Jun 30, 2020 | |
| R-MS | Cindy Hyde-Smith | Jul 1, 2020 | |
| D-CT | Richard Blumenthal | Jul 1, 2020 | |
| D-MN | Amy Klobuchar | Jul 2, 2020 | |
| D-RI | Jack Reed | Jul 2, 2020 | |
| D-VA | Mark R. Warner | Jul 2, 2020 | |
| R-UT | Mitt Romney | Jul 2, 2020 | |
| D-IL | Richard J. Durbin | Jul 2, 2020 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jun 18, 2020 |
Actions 2
Everything that happened, newest first.
- Jun 18, 2020Introduced in Senate
- 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.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4209 | Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 | Related bill | Aug 3, 2020 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend title IX of the Social Security Act to improve emergency unemployment relief for governmental entities and nonprofit organizations.
- Short Title(s) as Introduced
- Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
Text 1
Each version as it was printed, newest first.
- Jun 18, 2020Introduced in Senate
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
