Hogan Lovells Publications | Employment | 03 April 2020

The Coronavirus Aid, Relief, and Economic Security Act: Significant Provisions for Employers

On March 27, 2020, the president signed into law a massive $2 trillion stimulus bill addressing a wide range of challenges to our economy caused by the coronavirus (COVID-19) pandemic. The legislation, entitled the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), supplements and modifies prior bills, including the Families First Coronavirus Response Act (FFCRA), which we previously blogged about here and here. While the CARES Act is lengthy (800+ pages) and complex, this post highlights in digestible portions a few of the significant provisions that are likely of the most interest to employers.

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