The American Rescue Plan: Three Key Issues For Employers

President Biden signed the $1.9 trillion American Rescue Plan Act of 2021 (the Act) into law on March 11, 2021. The Act will provide continued and wide-ranging economic relief to address the consequences of the coronavirus pandemic, including relief to individuals, businesses, and state and local governments. Employers should be aware of specific provisions of the Act that provide benefits to both employers and employees, including:

FFCRA Tax Credit Extension: Emergency Paid Sick Leave and Emergency Family and Medical Leave

As explained in more detail here, the provisions in the Families First Coronavirus Response Act (FFCRA) that required certain employers with fewer than 500 employees to provide Emergency Paid Sick Leave (E-PSL) and Emergency Family and Medical Leave (E-FMLA) to eligible employees expired at the end of 2020. The Consolidated Appropriations Act, 2021, which President Trump signed into law in December 2020, extended through March 31, 2021, the