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United States · Bill · S

S. 4001 (116th)

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020

referredUnited States· United States Congress· EN

Introduced

18 June 2020

Last action

18 June 2020 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Scott, Tim [R-SC], Sen. Brown, Sherrod [D-OH], Sen. Grassley, Chuck [R-IA], Sen. Wyden, Ron [D-OR], Sen. Cornyn, John [R-TX], Sen. Carper, Thomas R. [D-DE], Sen. Lankford, James [R-OK], Sen. Casey, Robert P., Jr. [D-PA], Sen. Perdue, David [R-GA], Sen. Hassan, Margaret Wood [D-NH], Sen. Loeffler, Kelly [R-GA], Sen. Cardin, Benjamin L. [D-MD], Sen. Ernst, Joni [R-IA], Sen. Whitehouse, Sheldon [D-RI], Sen. Daines, Steve [R-MT], Sen. King, Angus S., Jr. [I-ME], Sen. Cramer, Kevin [R-ND], Sen. Booker, Cory A. [D-NJ], Sen. Graham, Lindsey [R-SC], Sen. Smith, Tina [D-MN], Sen. Hyde-Smith, Cindy [R-MS], Sen. Blumenthal, Richard [D-CT], Sen. Romney, Mitt [R-UT], Sen. Durbin, Richard J. [D-IL], Sen. Warner, Mark R. [D-VA], Sen. Reed, Jack [D-RI], Sen. Klobuchar, Amy [D-MN]

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 June 2020

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 18 June 2020

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 18 June 2020

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 18 June 2020

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 18 June 2020

    Open at official source

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Sponsors

Related records

Sources

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