NAR's Federal Advocacy team has been working closely with Congress and the Administration to ensure the interests of REALTORS®, their families, consumers, and the entire real estate industry are protected in any federal action in response to COVID-19.
On December 21, Congress passed a COVID-relief package, which also included an Omnibus spending bill for FY21, and some tax extenders. Below is a summary of the major provisions of that bill impacting REALTORS®:
COVID-RELATED PROVISIONS
Unemployment Assistance
- Extends the maximum number of weeks individuals may receive unemployment benefits, from 39 weeks to 50 weeks.
- Extends all unemployment assistance, including the Pandemic Unemployment Assistance (PUA) program and the Pandemic Emergency Unemployment Compensation from December 26, 2020- March 14, 2021.
- Limits payment of retroactive PUA benefits to weeks of unemployment after December 1, 2020, and PUA requests end on March 14, 2021.
- Eligible individuals may receive PUA benefits until April 5, 2021 as long as the individual has not reached his or her maximum number of weeks of unemployment.
- Extends Federal Pandemic Unemployment Compensation (FPUC) at $300 per week for 10 weeks. This provides supplemental unemployment benefits for individuals receiving PUA or regular unemployment compensation for weeks after December 26, 2020 until March 14, 2021.
- Extends Pandemic Emergency Unemployment Compensation (PEUC) for a maximum of 24 weeks for eligible individuals.
- Phases out the Pandemic Unemployment Assistance (PUA) program and ends the program on April 5, 2021.
- Extends interest-free loans to states to keep their unemployment insurance trust funds running.
- Reimburses states at 50 percent for the first week of compensable regular unemployment benefits for states with no waiting period.
- Provides individuals seeking unemployment benefits with the right to appeal any state determination or redetermination regarding rights to PUA.
- Provides a repayment waiver for individuals who received Pandemic Unemployment Assistance (PUA), but who were not entitled to receive PUA, if the PUA payment was the fault of the individual and repayment would be "contrary to equity or good conscience." State labor agencies must make all individual determinations regarding one's repayment or waiver status.
- Requires individuals to continue to re-certify weekly with the state that the individual's loss of income is due to a Covid-related reason or issue and the individual is unemployed for a such week.
- Adds additional program measures requiring individuals seeking unemployment to provide documentation of earnings and employment to state agencies as a mechanism for states to verify the identity of individuals seeking unemployment benefits.
- Imposes "return to work" reporting requirements for states to provide a way for employers to report when someone turns down a job and to notify claimants of the requirement to accept suitable work, unless there is a good cause for refusal.
On December 21, Congress passed a COVID-relief package, which also included an Omnibus spending bill for FY21, and some tax extenders. Below is a summary of the major provisions of that bill impacting REALTORS®:
COVID-RELATED PROVISIONS
Unemployment Assistance
- Extends the maximum number of weeks individuals may receive unemployment benefits, from 39 weeks to 50 weeks.
- Extends all unemployment assistance, including the Pandemic Unemployment Assistance (PUA) program and the Pandemic Emergency Unemployment Compensation from December 26, 2020- March 14, 2021.
- Limits payment of retroactive PUA benefits to weeks of unemployment after December 1, 2020, and PUA requests end on March 14, 2021.
- Eligible individuals may receive PUA benefits until April 5, 2021 as long as the individual has not reached his or her maximum number of weeks of unemployment.
- Extends Federal Pandemic Unemployment Compensation (FPUC) at $300 per week for 10 weeks. This provides supplemental unemployment benefits for individuals receiving PUA or regular unemployment compensation for weeks after December 26, 2020 until March 14, 2021.
- Extends Pandemic Emergency Unemployment Compensation (PEUC) for a maximum of 24 weeks for eligible individuals.
- Phases out the Pandemic Unemployment Assistance (PUA) program and ends the program on April 5, 2021.
- Extends interest-free loans to states to keep their unemployment insurance trust funds running.
- Reimburses states at 50 percent for the first week of compensable regular unemployment benefits for states with no waiting period.
- Provides individuals seeking unemployment benefits with the right to appeal any state determination or redetermination regarding rights to PUA.
- Provides a repayment waiver for individuals who received Pandemic Unemployment Assistance (PUA), but who were not entitled to receive PUA, if the PUA payment was the fault of the individual and repayment would be "contrary to equity or good conscience." State labor agencies must make all individual determinations regarding one's repayment or waiver status.
- Requires individuals to continue to re-certify weekly with the state that the individual's loss of income is due to a Covid-related reason or issue and the individual is unemployed for a such week.
- Adds additional program measures requiring individuals seeking unemployment to provide documentation of earnings and employment to state agencies as a mechanism for states to verify the identity of individuals seeking unemployment benefits.
- Imposes "return to work" reporting requirements for states to provide a way for employers to report when someone turns down a job and to notify claimants of the requirement to accept suitable work, unless there is a good cause for refusal.
October 29, 2020
Yesterday Governor Murphy signed Executive Order 192, which mandates private and public companies to implement uniform health and safety standards protecting all workers. This order will go into effect on Thursday, November 5, 6:00 am and requires the following:
- Workers maintain at least six feet of distance from one another to the maximum extent possible.
- Employees, customers, visitors, and other individuals entering the worksite to wear cloth or disposable face masks while on the premises, with limited exceptions.
- Employers must make available, at their expense, such face masks to their employees.
- Companies provide workers, customers, and visitors with sanitizing materials, such as hand sanitizer that contains at least 60% alcohol and sanitizing wipes, at no cost to those individuals.
- Companies ensure that employees practice regular hand hygiene, particularly when such employees are interacting with the public, and provide employees break time for repeated hand washing throughout the workday and access to adequate hand washing facilities.
- Companies to routinely clean and disinfect frequently touched areas.
- All workers undergo a health screening before every shift.
- Employees to be immediately separated and sent home if they appear to have symptoms.
- Prompt notification of all employees of any known exposure to COVID-19 at the worksite.
GIVE THE GIFT OF WARMTH FOR WINTER
THE OCEAN CITY BOARD OF REALTORS® IS COLLECTING FOR
‘OPERATION: Empty closets for the Homeless’
October 28, 2020
(Ocean City, NJ) The Ocean City Board of REALTORS® is pleased to announce its fall community service project, a drive to collect coats, sweaters, scarves, and other cold weather items. Donations will be collected now through November 25th, and will be used to give the gift of warmth for winter to the needy at the Atlantic City Rescue Mission.
The Warmth for the Winter Drive will collect gently used or new items to be donated to the OPERATION: Empty closets for the Homeless.
“Give them the clothes off your rack.” You are invited to clean out your closets at home and help others in the process. Would you be willing to sort through your unwanted clothing and set aside items that still have some use? The Atlantic City Rescue Mission needs them!
Donations can be dropped off at the office of the Ocean City Board of REALTORS®, 405 22nd Street. (Office hours: Monday-Friday 9 a.m.-5 p.m.) We ask that all donations are placed inside a plastic bag, and plastic bags will be provided as needed.
GRANTS ANNOUNCED FOR LANDLORDS
The Small Landlord Emergency Grant Program will reimburse landlords for lost rent revenue due to COVID-19. Grantees must pass this benefit on to tenants by forgiving outstanding back rent. Learn more about the program and how to apply here
07/31/2020
If you are traveling to New Jersey from 36 states and U.S. jurisdictions, you should quarantine for 14 days: AL, AK, AZ, AR, CA, DE, DC, FL, GA, ID, IA, IL, IN, KS, KY, LA, MD, MN, MS, MO, MT, NE, NV, NM, NC, ND, OH, OK, PR, SC, TN, TX, UT, VA, WA, WI.