Federal Legislation That impacts SHARE Members

Below is a very quick guide to a few Federal laws/bills that SHARE members should know about:

The CARES Act included the $1,200 stimulus checks, the Paycheck Protection Program, and the current unemployment enhancements (an extra $600/week, an extra 13 weeks, and extending UI to people who are self-employed)

The HEROES Act was passed by the House. It covers a lot of ground, including extending the CARES Act unemployment enhancement, but also state and local aid, support for hospitals, front-line workers, etc. It will not be passed by the Senate in its current form.

Coronavirus relief legislation (not yet named) will be considered by the Senate when they come back from recess on July 20, as an alternative to the HEROES Act. The Republican majority will put a package together. The exact details are not decided, and so there is a big push now with everyone lobbying for what they think should be in it.

The American Workforce Rescue Act was introduced by Senate Democrats before the Congressional recess, which is about continuing but gradually phasing out the unemployment provisions of the CARES Act.