On December 27, 2020, the Consolidated Appropriations Act, 2021, HR 133, the most recent COVID-19 relief and stimulus bill, was signed into law. The law extends some of the previously enacted relief provisions and ends others. The key provisions are summarized below.

COVID-19 paid sick and family leave – voluntary but eligible for an employer

Congress passed a myriad of tax credits, deferments, loans, and forgivable loan payments in response to the COVID-19 pandemic. Employers struggling to navigate the different options should work closely with their lender, accountant, and legal counsel.

Qualified Sick and Family Leave Tax Credits

Wages paid for COVID-19 family and sick leave under the Families First

UPDATED 4/3/20: Regulations were issued and, as of April 3, banks are accepting applications for loans. Funds will be issued through June 30 or until the money appropriated is exhausted.

Phase 3 of the coronavirus relief is expected to be passed and signed into law on Friday, March 27. It is titled the Coronavirus Aid,