TBA Law Blog

TBA Law Blog

TBJ Preview: How the American Rescue Plan of 2021 Affects Employers, Employees

Posted by: Suzanne Craig Robertson on Apr 15, 2021

In the upcoming issue of the Tennessee Bar Journal, Edward Phillips and Brandon Morrow write about the American Rescue Plan Act of 2021 (ARPA), the $1.9 trillion economic stimulus package signed by President Biden on March 11. Their new column about it, "The Law at Work," won't be out in print until May 1, but the information is so timely it was published three weeks early, in TBJ Select. The Act includes two major provisions likely to have an impact on employers (and employees). First, employer-sponsored health insurance plans must offer 100% subsidized COBRA continuation coverage for the period April 1, 2021 through Sept. 30, 2021, for “assistance eligible individuals.” Second, while ARPA does not extend the paid leave mandate found in the Families First Coronavirus Relief Act (FFCRA), it does extend the availability of payroll tax credits to those employers who voluntarily provide paid leave for COVID-19-related scenarios. Here are the details.

Law-Related Blogs AND PODCASTS

Check out other law-related blogs and podcasts generated from the Tennessee legal community or of interest to the Tennessee lawyers.