S. 1902 · 114th Congress
Layoff Prevention Extension Act of 2015
- Stage
- In committee
- Sponsor
- Jack Reed
- Introduced
- 2015-07-30
- Latest action
- 2015-07-30 · Introduced in Senate
Summary
Layoff Prevention Extension Act of 2015
This bill amends the Middle Class Tax Relief and Job Creation Act of 2012 with respect to state short-time compensation programs that allow employers to reduce the workweek of their employees in lieu of layoffs. The bill: (1) extends federal financing of the programs for an additional two years; and (2) extends through December 31, 2016, the deadline for a state to submit to the Department of Labor its application for a short-time compensation program grant.