S 242
Layoff Prevention Act of 2021
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Layoff Prevention Act of 2021 extends funding for programs that help businesses and employees avoid layoffs during economic downturns. Specifically, it extends the availability of temporary financial assistance to states that have existing short-time compensation (STC) programs, and provides additional support to states without such programs. The bill also increases funding for the Department of Labor to help states implement and promote these STC programs, ensuring more workers can participate in work-sharing arrangements.
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