On March 18, 2020, President Trump signed into law the Families First Coronavirus Response, H.R. 6201, (the "Families First Act" or the "Act"). Please see our prior article for more background (link).
United StatesCoronavirus (COVID-19)
Executive Summary
Under the mandate of the Families First Coronavirus Response Act
("Act"), the U.S. Department of Labor ("DOL")
announced that the effective date is April 1 rather than April 2.
The DOL issued a poster. The poster can be found at (link).
In addition, the U.S. Treasury Department, the Internal Revenue
Service ("IRS"), and the DOL announced two new refundable
tax-credits available to small and midsized employers. These two
new refundable tax-credits aim to reimburse employers,
"dollar-for-dollar," for the costs of providing leave to
their employees for reasons related to COVID-19.
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Background
On March 18, 2020, President Trump signed into law the Families
First Coronavirus Response, H.R. 6201, (the "Families First
Act" or the "Act"). Please see our prior article for
more background (
link).
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