S. 242: Layoff Prevention Act of 2021

117th Congress · introduced 2021-02-04 · Labor and Employment · Latest: Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S477)

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Follow this bill, step by step

Where it came from: introduced 2021-02-04 · official record
Who proposed it: Sen. Reed, Jack [D-RI] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S477) Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Layoff Prevention Act of 2021

Plain summary

Layoff Prevention Act of 2021 This bill extends temporary funding to reimburse states for making short-time compensation (STC) payments under existing or new STC programs for weeks of unemployment ending on or before five years and six months after enactment of this bill. (STC, also known as work sharing, is a program that provides prorated unemployment compensation to workers whose hours have been reduced in lieu of a layoff.) Under current law, this reimbursement is available for weeks of unemployment ending on or before September 6, 2021. The bill also extends funding to support STC payments by states that do not have STC programs under state law through 2 years and 13 weeks after enactment of this bill. Under current law, this assistance applies to weeks of unemployment ending on or before September 6, 2021. Finally, the bill increases funding to the Department of Labor for awarding grants to states to (1) implement, or improve administration of, STC programs; or (2) promote, and enroll employers in, STC programs. In addition, the bill modifies the formula used to allocate such grants. Labor may not award a grant with respect to an application submitted after December 31, 2026. Such changes are retroactive to March 27, 2020.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

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What does this mean? (plain words)

Official text

Layoff Prevention Act of 2021

Source: Congressional Research Service summary (Introduced in Senate)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Reed, Jack [D-RI] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Sheldon Whitehouse (D-RI), Chris Van Hollen (D-MD)

Sponsor's campaign money: Sen. Reed, Jack [D-RI] reported raising $3.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s242.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>

Record fed-us-cong117-s242 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117