H.R.6199: Emergency Unemployment Insurance Stabilization and Access Act of 2020
The Emergency Unemployment Insurance Stabilization and Access Act (H.R. 6199) provides emergency $1 billion in grants for states to provide and process uninsurance benefits through the end of 2020.
$500 million is allocated to all states immediately and may be used for the administration of its unemployment compensation law, including ensuring adequate resources in periods of high demand. The other $500 million is for states where unemployment compensation claims increased by at least 10% over the same quarter in the previous calendar year provided the state commits to maintaining and strengthening access to the unemployment compensation system and eases eligibility requirements and access to unemployment compensation, including waiving work search requirements and waiting period.
The bill also provides for interest-free loans for states to assist with the payment of unemployment compensation benefits and provides 100% federal funding for extended benefits (rather than a 50% match) for states that experience a 10% or higher unemployment rate compared to the previous year. Additionally, the Secretary of Labor is allowed to give states technical assistance and guidance in establishing, implementing, and improving employer awareness of short-time compensation programs to help avert layoffs.
This bill was incorporated into the Families First Coronavirus Response Act (H.R. 6201) which was signed into law on March 18th.View Full Overview