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S. 4303

BillFederalSenateIn Committee
A bill to improve State short-term compensation programs, and for other purposes.
About This Bill
Committee
Latest Action · July 23, 2020
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S4474-4475)
Congress
116th (2019–2021)
Introduced
July 23, 2020
Sponsor
Sen. John ReedD
Cosponsors (5)
5D 0R
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Summary

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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.)

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