With the conclusion of the Vermont legislative session, there are a few important updates Vermont employers should note.
COVID Related Leave Grant
The passage of S.11, an omnibus spending bill, establishes a COVID-19-Related Paid Leave Grant Program (the “Program”), which will be administered through the Department of Financial Regulation. The Program will use grants to reimburse employers who provide COVID-19 related paid leave to employees during fiscal year 2022 (July 1, 2022 to June 30, 2022). Reimbursement is limited to leave taken for a “COVID-19 related reason,” and there are a number of reasons which qualify. The eligibility criteria is outlined in Sec. 51a of S.11.
Applications for participation in the program are expected to open on October 1, 2022 and close on September 30, 2023, and employers will be limited to submitting one application per calendar quarter during that period. Grants may be used to reimburse employers who provide leave for a COVID-19 related reason, including to provide retroactive payment to employees who took unpaid leave for a COVID-19 related reason during the Program period. Grants may only be sought for reimbursement for up to 40 hours for each eligible employee, and employers will only be eligible to receive up to $850 for each employee who takes COVID-19 related leave. Details of the program are still being finalized and updates are expected in the coming months as the Department of Financial Regulation prepares to receive grant...
Read Full Story:
https://www.jdsupra.com/legalnews/vermont-employment-law-legislative-4266291/