{"id":7829,"date":"2020-03-16T10:04:47","date_gmt":"2020-03-16T14:04:47","guid":{"rendered":"https:\/\/gtm.com\/business\/?p=7829"},"modified":"2021-03-27T16:08:14","modified_gmt":"2021-03-27T20:08:14","slug":"coronavirus-relief-bill","status":"publish","type":"post","link":"https:\/\/gtm.com\/business\/coronavirus-relief-bill\/","title":{"rendered":"How Will the Coronavirus Relief Bill Affect Businesses?"},"content":{"rendered":"<h2 class=\"MainTitle\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7831\" src=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/capitol-516065_1920.jpg\" alt=\"coronavirus relief bill\" width=\"1024\" height=\"768\" srcset=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/capitol-516065_1920.jpg 1024w, https:\/\/gtm.com\/business\/wp-content\/uploads\/capitol-516065_1920-980x735.jpg 980w, https:\/\/gtm.com\/business\/wp-content\/uploads\/capitol-516065_1920-480x360.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/>House of Representatives Passes Coronavirus Relief Bill<\/h2>\n<p>The U.S. House of Representatives overwhelmingly voted to pass a coronavirus relief bill &#8211; the <a href=\"https:\/\/docs.house.gov\/billsthisweek\/20200309\/BILLS-116hr6201-SUS.pdf\">Families First Coronavirus Response Act<\/a> \u2013 in the early morning hours of Saturday, March 14, 2020. President Trump has endorsed the legislation and the U.S. Senate is expected to vote on it on Monday, March 16.<\/p>\n<p>The Act will be the second emergency coronavirus response measure to be passed. President Trump had previously signed a bill to provide $8.3 billion in funding to federal health agencies and declared a national emergency on Friday over the pandemic. A third emergency measure is also being discussed.<\/p>\n<h2>Provisions of the Act<\/h2>\n<p>In addition to funding for economic assistance and COVID-19 testing, the Act contains provisions intended to support workers:<\/p>\n<ul>\n<li>14 days of paid sick leave, at two-thirds (or more) of their regular rate of pay, for government workers and employees of companies with fewer than 500 employees. Leave is available to workers who are sick, have to care for a sick family member or have a child whose school or childcare facility has closed due to the coronavirus.<\/li>\n<li>Expansion of the FMLA for employees of companies with fewer than 500 employees, requiring paid leave at the two-thirds rate after 14 days.<\/li>\n<li>A tax credit for employers that provide paid sick leave benefits required by the Act.<\/li>\n<li>Additional funding for state unemployment programs.<\/li>\n<\/ul>\n<p>Emergency leave benefits for workers would expire on December 31, 2020.<\/p>\n<p>The Act does not contain a payroll tax suspension that was proposed by President Trump.<\/p>\n<p>&nbsp;<\/p>\n<p><em>\u00a92020 Zywave, Inc. All rights reserved.<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A coronavirus relief bill will provide several billion dollars in federal aid to address the COVID-19 outbreak. <\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[232],"tags":[193,37,112,23],"post_folder":[],"class_list":["post-7829","post","type-post","status-publish","format-standard","hentry","category-gtm-biz-blog-isolved","tag-coronavirus","tag-fmla","tag-paid-family-leave","tag-taxes"],"_links":{"self":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/7829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/comments?post=7829"}],"version-history":[{"count":4,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/7829\/revisions"}],"predecessor-version":[{"id":7834,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/7829\/revisions\/7834"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/media?parent=7829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/categories?post=7829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/tags?post=7829"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/post_folder?post=7829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}