Cares Act 2 Passed Unemployment. If the state unemployment benefit was $340 per week, then the new enhanced benefit with federal support would be $940 per week. It also expands unemployment benefits and requires employers to give approximately two weeks of paid sick leave.
The law provides roughly $100 billion in tax credits supporting emergency paid leave benefits. If you are a sole proprietorship or independent contractor and are struggling to stay in operation, it is likely you are eligible for one of the new sba loan programs or grants. The bill increases the maximum number of weeks someone can claim benefits through regular state unemployment or the pua program to 50 weeks.
Congress has passed legislation that includes provisions to extend the federal unemployment insurance programs created under the coronavirus aid, relief, and economic security act (cares act).
6201, the families first coronavirus response act, which passed on march 17, 2020. As you have no doubt heard by now, on friday, march 27, 2020, congress passed and the president signed into law a $2 trillion economic relief bill called the coronavirus aid, relief, and economic security act (“cares act”). 6201, the families first coronavirus response act, which passed on march 17, 2020. Cares act ii contains a new provision: