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S. 1902

Layoff Prevention Extension Act of 2015

Layoff Prevention Extension Act of 2015

This bill amends the Middle Class Tax Relief and Job Creation Act of 2012 with respect to state short-time compensation programs that allow employers to reduce the workweek of their employees in lieu of layoffs. The bill: (1) extends federal financing of the programs for an additional two years; and (2) extends through December 31, 2016, the deadline for a state to submit to the Department of Labor its application for a short-time compensation program grant.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6189-6190)

Sen. Reed, Jack [D-RI](D-RI)Sponsor
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  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6189-6190)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Layoff Prevention Extension Act of 2015 — Informed