Senate
Jun 18, 2020

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020

Summary

Official

Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020 This bill permits certain governmental entities, federally recognized tribes, and nonprofit organizations to make up front payments of 50% of unemployment benefits into the state Unemployment Trust Fund (in lieu of contributions) to be used exclusively to reduce such payments resulting from the COVID-19 (i.e.,...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(6/18/20)
Committee
Passed House
Passed Senate
President
Law

Sponsor

TS

Mr. Scott

Senate (R) South Carolina

Cosponsors (20)

Topics

Latest Action

Read twice and referred to the Committee on Finance.

Jun 18, 2020