Besides extra funding, unemployed and furloughed workers will also receive a full subsidy to cover the COBRA health insurance premiums.<\/p>\n
The American Rescue\u00a0Plan Act will make good on our promise of direct payments to Americans in need and extend enhanced unemployment relief and complete health insurance premium coverage for Nevadans who have faced job losses through no fault of their own,\u201d US Sen. Jacky Rosen, D-Nevada, said.<\/p><\/blockquote>\n
One measure that may help casinos and resorts is an extension of the Employee Retention Tax Credit. Initially passed under the CARES Act, the credit gives employers ordered to shut down at least partially to claim a $14,000 credit for each full-time worker retained between Jan. 1 and June 30 of this year. Businesses also received a $5,000 credit per employee for 2020.<\/p>\n
In pushing for federal assistance last year, the American Gaming Association urged Congress to give businesses incentives for keeping as many workers as possible on the payroll.<\/p>\n
More Funding Available to Help Tourism Economies<\/h2>\n
Another apparent change will likely benefit the gaming industry. The Senate\u2019s version of the bill includes $750 million more in aid to states and communities that saw their tourism and travel industries beset by the pandemic. The House\u2019s version set aside $450 million in economic adjustment assistance.<\/p>\n
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In a statement, US Sen. Catherine Cortez Masto, D-Nevada, said there wasn\u2019t a \u201csilver bullet\u201d that can address all of Nevada\u2019s needs from the crisis. However, she said that she worked hard to ensure Nevadans and the state\u2019s hospitality industry received the help they needed.<\/p>\n<\/div>\n
\u201cNevadans have endured an extremely challenging year, and this bill responds to their needs by delivering emergency assistance to working families, providing relief to our hospitality and tourism industry and its workers, and supplying additional aid for our state\u2019s frontline workers and small businesses,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The US Senate, on a party-line vote Saturday afternoon, passed the American Rescue Plan, a $1.9 trillion COVID-19 relief package. The bill not only contains billions of dollars in direct aid for Nevada, but it also includes other measures designed to help the gaming and hospitality industries and workers displaced by the pandemic. Thanks to […]<\/p>\n","protected":false},"author":45,"featured_media":166504,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"acf":[],"yoast_head":"\n
Senate Passes Rescue Act, Aids Unemployed Casino Workers<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n