Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 Public Law 116–151 Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 151 116–151 Statute Compilation United States House of Representatives Office of the Legislative Counsel 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. GPO Statute Compilations USLM converter, version 20210527.1 2021-10-15 Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 15746 116 2020-08-03 Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 [(Public Law 116–151)] [This law has not been amended] [Currency: This publication is a compilation of the text of Public Law 116–151. It was last amended by the public law listed in the As Amended Through note above and below at the bottom of each page of the pdf version and reflects current law through the date of the enactment of the public law listed at https://www.govinfo.gov/app/collection/comps/] [Note: While this publication does not represent an official version of any Federal statute, substantial efforts have been made to ensure the accuracy of its contents. The official version of Federal law is found in the United States Statutes at Large and in the United States Code. The legal effect to be given to the Statutes at Large and the United States Code is established by statute (1 U.S.C. 112, 204).]
AN ACTTo amend title IX of the Social Security Act to improve emergency unemployment relief for governmental entities and nonprofit organizations.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. [42 U.S.C. 1305 note] SHORT TITLE. This Act may be cited as the “Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020”.
SEC. 2. IMPROVING EMERGENCY UNEMPLOYMENT RELIEF FOR GOVERNMENTAL ENTITIES AND NONPROFIT ORGANIZATIONS. (a) In General.—Section 903(i)(1) of the Social Security Act (42 U.S.C. 1103(i)(1)) is amended— (1) in subparagraph (A), by striking “during” and inserting “with respect to”; (2) in subparagraph (B), by striking “3309(a)(1)” and inserting “3309(a)”; and (3) by striking subparagraph (C) and inserting the following new subparagraph: “(C) Notwithstanding any other provision of law, funds transferred to the account of a State under subparagraph (A) shall be used exclusively to reduce the amounts required to be paid in lieu of contributions into the State unemployment fund pursuant to such section by governmental entities and other organizations described in section 3309(a) of such Code.” . (b) [42 U.S.C. 1103 note] Effective Date.— (1) In general.—Subject to paragraph (2), the amendments made by subsection (a) shall take effect as if included in the enactment of section 2103 of the Relief for Workers Affected by Coronavirus Act (contained in subtitle A of title II of division A of the CARES Act (Public Law 116-136)). (2) Application to weeks prior to enactment.—For weeks of unemployment that occurred after March 12, 2020, and prior to the date of enactment of this section, States may— (A) issue reimbursements in accordance with section 903(i)(1)(C) of the Social Security Act, as in effect prior to the date of enactment of this section; or (B) reduce the amounts required to be paid in accordance with such section 903(i)(1)(C), as amended by subsection (a).