3.0.0 3753 2023-01-11T13:21:38Z 2023-01-11T13:21:38Z Senate S S 2010-08-05 111 ssfi00 Finance Committee Senate Standing Referred to 2010-08-05T22:05:13Z 2010-08-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6902-6904) IntroReferral 2010-08-05 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2010-08-05 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2010-08-05 True Labor and Employment Employee benefits and pensions Employment and training programs Intergovernmental relations State and local government operations Unemployment Wages and earnings Labor and Employment 00 2010-08-05 Introduced in Senate 2010-11-02T15:54:07Z Preventing Unemployment Act of 2010 - Amends the Federal Unemployment Tax Act (FUTA), the Internal Revenue Code, and the Unemployment Compensation Amendments of 1992 to prescribe requirements for the treatment and temporary financing of voluntary short-time compensation (STC) programs, under which: (1) an employer reduces the number of hours worked by employees in lieu of temporary layoffs; and (2) such employees are eligible for pro-rata unemployment compensation if their workweeks are reduced by between 10% and an appropriate state-determined percentage.

Requires payments to states meeting the requirements of this Act in an amount equal to 100% of the STC paid to individuals.

Prohibits such STC payments: (1) for more than 26 weeks; or (2) for an employee whose employer's workforce during the three months preceding submission of the employer's STC plan has been reduced by temporary layoffs of more than 20%, or on a seasonal, temporary, or intermittent basis.

Authorizes temporary federal-state agreements for STC programs if a state does not currently provide for STC payments under an existing program.

Requires employers under an STC plan to pay the state one-half of the amount of STC paid under the plan.

Requires federal payments to states in an amount equal to: (1) one-half of the amount of STC paid to individuals by the state; and (2) any additional related administrative expenses incurred by the state.

Requires the Secretary of Labor to award one start-up grant to state agencies: (1) in states that enact STC programs on or after May 1, 2010; and (2) that apply for such grants before FY2013.

Specifies assistance and guidance the Secretary shall give states in establishing and implementing STC programs.

]]> Preventing Unemployment Act of 2010 Display Title Preventing Unemployment Act of 2010 Official Title as Introduced A bill to provide for the treatment and temporary financing of short-time compensation programs. Introduced in Senate IS Short Titles as Introduced Preventing Unemployment Act of 2010 Introduced in Senate 2010-08-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3753is/xml/BILLS-111s3753is.xml 2010-08-05 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6902-6904) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.