Summary of Employment-Related Provisions of the American Rescue Plan Act of 2021

President Biden signed the $1.9 trillion American Rescue Plan Act (the “Act”) into law on March 11, 2021. In addition to providing economic relief to individuals and continuing additional unemployment insurance benefits, the Act also provides for an extension of the FFCRA tax credits and a new subsidy for COBRA premiums. Click here for a summary of the provisions of the Act affecting employers.