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

2020-05-08

Introduced in House

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.

]]>

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 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.