December 21, 2009
In a rare Saturday session, the Senate on December 19 approved H.R. 3326, the Department of Defense Appropriations Act, by a vote of 88-10. Since the bill had already passed the House, it is cleared for the President’s expected signature.
In a last minute move, H.R. 3326 was amended to include an unemployment insurance extension and a six month extension in the maximum COBRA premium subsidy period (from 9 months to 15 months). H.R. 3326 also extends eligibility for the subsidy for two months to job losses before Mar. 1, 2010, and includes transition period relief and new notification requirements for health plan administrators.
Source: RIA, December 21, 2009
Source: RIA, December 21, 2009
This text is provided with the understanding that ECFA is not rendering legal, accounting, or other professional advice or service. Professional advice on specific issues should be sought from an accountant, lawyer, or other professional.