Browse Arkansas Code titles and sections

15 U.S.C. § 9073 — Procedures for providing payroll support

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9073 — Procedures for providing payroll support

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9073

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: e652c5a123e044c29eb43da3b4440ceef07d64bdc36b5ed2902f980ff29bf9ae. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_5f31353a697922835c2bfc2c
Source file: Laws/federal/codes/united-states-code/title-15/section-9073-procedures-for-providing-payroll-support--0875039f3b.md
Pages: Not recorded – Not recorded
Passage SHA-256: 56dd5000514a4ca97a9440ddc988c8002f96dcaa027f5d2bc2d2b6bde76b3a30

Source location: Title 15, Chapter 116, § 9073; chapter-116-coronavirus-economic-stabilization-cares-act.md

Stored source content

**(a) Awardable amounts** The Secretary shall provide financial assistance under this part— (1) to an air carrier in an amount equal to the salaries and benefits reported by the air carrier to the Department of Transportation pursuant to part 241 of title 14, Code of Federal Regulations, for the period from April 1, 2019, through September 30, 2019; and (2) to an air carrier that does not transmit reports under such part 241, in an amount that such air carrier certifies, using sworn financial statements or other appropriate data, as the amount of wages, salaries, benefits, and other compensation that such air carrier paid the employees of such air carrier during the period from April 1, 2019, through September 30, 2019; and (3) to a contractor, in an amount that the contractor certifies, using sworn financial statements or other appropriate data, as the amount of wages, salaries, benefits, and other compensation that such contractor paid the employees of such contractor during the period from April 1, 2019, through September 30, 2019. **(b) Deadlines and procedures** (1) **In general** (A) *Forms; terms and conditions* — Financial assistance provided to an air carrier or contractor under this part shall be in such form, on such terms and conditions (including requirements for audits and the clawback of any financial assistance provided upon failure by a passenger air carrier, cargo air carrier, or contractor to honor the assurances specified in [section 9074 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9074&num=0&edition=prelim)), as the Secretary determines appropriate. (B) *Procedures* — The Secretary shall publish streamlined and expedited procedures not later than 5 days after March 27, 2020, for air carriers and contractors to submit requests for financial assistance under this part. (2) **Deadline for immediate payroll assistance** — Not later than 10 days after March 27, 2020, the Secretary shall make initial payments to air carriers and contractors that submit requests for financial assistance approved by to the Secretary. (3) **Subsequent payments** — The Secretary shall determine an appropriate method for timely distribution of payments to air carriers and contractors with approved requests for financial assistance from any funds remaining available after providing initial financial assistance payments under paragraph (2). **(c) Pro rata authority** The Secretary shall have the authority to reduce, on a pro rata basis, the amounts due to air carriers and contractors under the applicable paragraph of [section 9072 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9072&num=0&edition=prelim) in order to address any shortfall in assistance that would otherwise be provided under such section. **(d) Audits** The Inspector General of the Department of the Treasury shall audit certifications made under subsection (a).

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9074 — Required assurances

**(a) In general** To be eligible for financial assistance under this part, an air carrier or contractor shall enter into an agreement with the Secretary, or otherwise certify in such form and manner as the Secretary shall prescribe, that the air carrier or contractor shall— (1) refrain from conducting involuntary furloughs or reducing pay rates and benefits until September 30, 2020; (2) through September 30, 2021, ensure that neither the air carrier or contractor nor any affiliate of the air carrier or contractor may, in any transaction, purchase an equity security of the air carrier or contractor or the parent company of the air carrier or contractor that is listed on a national securities exchange; (3) through September 30, 2021, ensure that the air carrier or contractor shall not pay dividends, or make other capital distributions, with respect to the common stock (or equivalent interest) of the air carrier or contractor; and (4) meet the requirements of sections 9075 and 9076 of this title. **(b) Department of Transportation Authority to condition assistance on continuation of service** (1) **In general** — The Secretary of Transportation is authorized to require, to the extent reasonable and practicable, an air carrier provided financial assistance under this part to maintain scheduled air transportation service, as the Secretary of Transportation deems necessary, to ensure services to any point served by that carrier before March 1, 2020. (2) **Required considerations** — When considering whether to exercise the authority provided by this section, the Secretary of Transportation shall take into consideration the air transportation needs of small and remote communities and the need to maintain well-functioning health care supply chains, including medical dev

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9074

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9072 — Pandemic relief for aviation workers

**(a) Financial assistance for employee wages, salaries, and benefits** Notwithstanding any other provision of law, to preserve aviation jobs and compensate air carrier industry workers, the Secretary shall provide financial assistance that shall exclusively be used for the continuation of payment of employee wages, salaries, and benefits to— (1) passenger air carriers, in an aggregate amount up to $25,000,000,000; (2) cargo air carriers, in the aggregate amount up to $4,000,000,000; and (3) contractors, in an aggregate amount up to $3,000,000,000. **(b) Administrative expenses** Notwithstanding any other provision of law, the Secretary, may use $67,000,000 of the funds made available under section 9080(a) 11 So in original. There is no subsec. (a) in [section 9080 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9080&num=0&edition=prelim). of this title for costs and administrative expenses associated with providing financial assistance under this part.

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9072

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9093 — Procedures for providing payroll support

**(a) Awardable amounts** The Secretary shall provide financial assistance under this part— (1) to a passenger air carrier required to file reports pursuant to part 241 of title 14, Code of Federal Regulations, as of March 27, 2020, in an amount equal to— (A) the amount such air carrier was approved to receive (without taking into account any pro rata reduction) under [section 9073 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim); or (B) at the request of such air carrier, or in the event such air carrier did not receive assistance under [section 9073 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim), the amount of the salaries and benefits reported by the air carrier to the Department of Transportation pursuant to such part 241, for the period from October 1, 2019, through March 31, 2020; (2) to a passenger air carrier that was not required to transmit reports under such part 241, as of March 27, 2020, in an amount equal to— (A) the amount such air carrier was approved to receive (without taking into account any pro rata reduction) under [section 9073 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim), plus an additional 15 percent of such amount; (B) at the request of such air carrier, provided such air carrier received assistance under [section 9073 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim), the sum of— (i) the amount that such air carrier certifies, using sworn financial statements or other appropriate data, as the amount of total salaries and related fringe benefits that

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9093

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9098 — Taxpayer protection

**(a) CARES Act assistance recipients** With respect to a recipient of financial assistance under section 4113 of the CARES Act ([15 U.S.C. 9073](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim)) that receives financial assistance under this part, the Secretary may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by such recipient that are, to the maximum extent practicable, in the same form and amount, and under the same terms and conditions, as agreed to by the Secretary and such recipient to provide appropriate compensation to the Federal Government for the provision of the financial assistance under this part. **(b) Other applicants** With respect to a recipient of financial assistance under this part that did not receive financial assistance under section 4113 of the CARES Act ([15 U.S.C. 9073](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9073&num=0&edition=prelim)), the Secretary may receive warrants, options, preferred stock, debt securities, notes, or other financial instruments issued by such recipient in a form and amount that are, to the maximum extent practicable, under the same terms and conditions as agreed to by the Secretary and similarly situated recipients of financial assistance under such section to provide appropriate compensation to the Federal Government for the provision of the financial assistance under this part.

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9098

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9132 — Payroll support program

**(a) In General** The Secretary shall establish a payroll support program and enter into agreements with employers who meet the eligibility criteria specified in subsection (b) and are not ineligible under subsection (c), to provide public contributions to supplement compensation of an eligible employee group. There is appropriated for fiscal year 2021, out of amounts in the Treasury not otherwise appropriated, $3,000,000,000, to remain available until September 30, 2023, for the Secretary to carry out the payroll support program authorized under the preceding sentence for which 1 percent of the funds may be used for implementation costs and administrative expenses. **(b) Eligibility** The Secretary shall enter into an agreement and provide public contributions, for a term no longer than 6 months, solely with an employer that agrees to use the funds received under an agreement exclusively for the continuation of employee wages, salaries, and benefits, to maintain the total compensation level for the eligible employee group as of April 1, 2020 for the duration of the agreement, and to facilitate the retention, rehire, or recall of employees of the employer, except that such funds may not be used for back pay of returning rehired or recalled employees. **(c) Ineligibility** The Secretary may not enter into any agreement under this section with an employer who was allowed a credit under section 2301 of the CARES Act ([26 U.S.C. 3111](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section3111&num=0&edition=prelim) note) for the immediately preceding calendar quarter ending before such agreement is entered into, who received financial assistance under [section 9073 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-se

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9132

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9073 — Procedures for providing payroll support

Page 2547 TITLE 15—COMMERCE AND TRADE § 9073 1 So in original. There is no subsec. (a) in section 9080 of this title. loughed employee notifying the employee that— (A) the employee must, within a specified period of time that is not less than 14 days, elect either— (i) to return to employment or bypass re- turn to employment in accordance with an applicable collective bargaining agreement or, in the absence of a collective bar- gaining agreement, company policy; or (ii) to permanently separate from em- ployment with the contractor; and (B) failure to respond within such time pe- riod specified will be deemed to be an elec- tion under subparagraph (A)(ii); and (6) the term ‘‘Secretary’’ means the Sec- retary of the Treasury. (Pub. L. 116–136, div. A, title IV, § 4111, Mar. 27, 2020, 134 Stat. 497; Pub. L. 116–260, div. N, title IV, § 412(b), Dec. 27, 2020, 134 Stat. 2061.) Editorial Notes AMENDMENTS 2020—Pars. (5), (6). Pub. L. 116–260 added par. (5) and redesignated former par. (5) as (6). § 9072. Pandemic relief for aviation workers (a) Financial assistance for employee wages, sal- aries, and benefits Notwithstanding any other provision of law, to preserve aviation jobs and compensate air carrier industry workers, the Secretary shall provide financial assistance that shall exclu- sively be used for the continuation of payment of employee wages, salaries, and benefits to— (1) passenger air carriers, in an aggregate amount up to $25,000,000,000; (2) cargo air carriers, in the aggregate amount up to $4,000,000,000; and (3) contractors, in an aggregate amount up to $3,000,000,000. (b) Administrative expenses Notwithstanding any other provision of law, the Secretary, may use $67,000,000 of the funds made available under section 9080(a) 1 of thi

Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 9073

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.