_______ Act of 2020

To amend the Coronavirus Economic Stabilization Act of 2020 to place certain requirements on corporations receiving Federal aid related to COVID-19.

Subjects

Labor and Employment

Summary

This bill prohibits corporations that receive specified federal aid related to the COVID-19 (i.e., coronavirus disease 2019) pandemic from making certain changes to their workforce. Specifically, corporations receiving such aid must not

reduce workforce levels, employee benefits, or wages; or
alter any collective bargaining agreements.

These prohibitions apply beginning on the date a corporation first receives such aid and end one year after the date on which the later of either the termination of the COVID-19 public health emergency or the aid has been repaid.

Full Text

Related Legislation

H.R. 6321Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
2020-03-23Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Small Business, the Judiciary, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related
H.R. 6379Take Responsibility for Workers and Families Act
2020-03-23Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related

Legislative Actions

2020-05-08
Introduced in House
2020-05-08
Introduced in House
2020-05-08
Referred to the House Committee on Financial Services.

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