March 30, 2020
On Friday, March 27, 2020, the 3rd phase of COVID-19 legislation was signed into law. The Coronavirus Aid, Relief and Economic Security (CARES) Act incorporates sweeping (temporary) changes to the law in the areas of unemployment – among others – along with massive amounts of fiscal “relief” targeted at both workers and employers through the form of small business loans, tax credits and even additional unemployment cash benefits.
The entirety of the bill passed is over 300 pages and will take some time to digest. We will be providing you updates as we work through this, in daily bites. Please keep your eyes out for the newsletter in your inbox or check out the newsletter for more information. In the meantime, if you believe you may qualify for unemployment, you should apply. The Wisconsin Department of Workforce Development, on its website, indicates that it will need several weeks to understand all of the new provisions of the expansion, and gives the advice to simply apply at this time.
IMPORTANT DISCLAIMERS:
- The information above does not constitute legal advice, nor does it create an attorney-client relationship. Please consult your attorney with specific questions.
- As this situation is constantly changing, we will make every effort to stay current on this topic, however, this information is provided as general guidance and may not apply to your situation, nor should it be relied upon exclusively. Please consult and confirm with your attorney if you have questions about these updates or their applicability.
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