604 South Jefferson Ave, Saginaw, MI 48607

THE CORONAVIRUS AID, RECOVERY AND ECONOMIC SECURITY ACT (CARES ACT)

Provides a one-time stimulus payment in the form of a tax credit in the amount of $1,200 with additional sums for dependents. These payments are reduced at a certain income level.

Expands Unemployment– including amounts, weeks available, and eligibility. 

UNEMPLOYMENT COMPENSATION PROVISIONS WITHIN THE CARES ACT

With the passage of the Coronavirus Aid, Relief and Economic Security Act (the CARES Act) on March 27th, THREE different, fully federally-funded unemployment compensation programs became available once the State executed the required Agreement. These programs are the FEDERAL PANDEMIC UNEMPLOYMENT COMPENSATION (FPUC), the PANDEMIC UNEMPLOYMENT ASSISTANCE (PUA), and the PANDEMIC EMERGENCY

UNEMPLOYMENT COMPENSATION (PEUC). Governor Whitmer signed an Agreement to Execute the three types of unemployment compensation plans provided for in the Coronavirus Aid, Relief and Economic Security Act on or about March 28, 2020.

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