S. 4303 · 116th Congress
Workforce Retention Act of 2020
- Stage
- In committee
- Sponsor
- Jack Reed
- Introduced
- 2020-07-23
- Latest action
- 2020-07-23 · Introduced in Senate
Summary
Workforce Retention Act of 2020 This bill extends temporary funding for short-time compensation (STC) programs through December 22, 2022, and establishes state requirements for permanent, federally-financed STC programs. (STC, also known as work sharing, is a program within the federal-state unemployment system that provides pro-rated unemployment compensation to workers whose hours have been reduced in lieu of a layoff.)