COVID legislation clears final congressional hurdle

On Wednesday, the House voted to approve the Senate’s amended version of the American Rescue Plan, sending the $1.9 trillion COVID relief/stimulus package to President Biden’s desk.

The measure temporarily subsidizes 100% of COBRA premiums, increases the dependent care FSA cap and extends employer tax credits for paid sick and paid family leave.

Gov. Affairs continues to work through the legislation to determine the full impact on TASC Clients and Participants. Watch for additional communication following the president’s bill signing ceremony tomorrow.

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