Last week, the United States Senate approved a tax extender package, which contains provisions that would extend the COBRA subsidy to December 31, 2010. The Act also would extend emergency unemployment benefits and allow for certain tax breaks.
The Senate bill is slated to go to a committee for further debate and consideration, which obviously will delay its ultimate enactment. We will keep you posted on any developments.
Tags: COBRA, COBRA subsidy, Tax Extenders Act, Unemployment, United States Senate