CARES Act Contains Numerous Employee Benefit and Executive Compensation Provisions, Including Changes to COVID-19 Testing Mandate | Practical Law
Congress has passed and President Trump has signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) (Pub. L. No. 116-136 (H.R. 748)), which is the third major piece of legislation enacted in response to the COVID-19 outbreak in the US. The CARES Act includes numerous employee benefit and executive compensation provisions, including changes to the COVID-19 testing mandate and coronavirus-related distributions from retirement plans.