Another important provision of the New Stimulus Bill, signed into law on December 27, is the extension of the paid sick and family leave provisions of the Families First Coronavirus Response Act (FFCRA). Those provisions were set to expire on December 31, 2020, but have now been extended with a caveat – it is voluntary and not mandated on the employer. Furthermore, the new law extends the federal tax credit for both forms of paid leave through March 31, 2021 for employers with less than 500 employees. In other words, the law does not require that employers provide paid and family leave after December 31, however qualified employers may choose to extend the benefit through the first quarter of 2021 and utilize the federal tax credit to cover much of the cost. In addition, once President-elect Biden is inaugurated on January 20, he and the new democrat-controlled Congress could agree on new legislation extending either mandatory or voluntary paid sick and family leave.