A bill to improve State short-term compensation programs, and for other purposes.
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.)
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S4474-4475)
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