REEF Act

This bill, S 1274 (REEF Act), amends the 2020 Railroad Unemployment Insurance payment rules to clarify when certain provisions apply. It removes specific paragraphs and changes the effective date to make the payment rules retroactive, as if they had been in place before the end of the federal COVID-19 national emergency. The change directly affects railroad workers receiving unemployment benefits through the Railroad Unemployment Insurance Account. The key mechanism is adjusting the timing of these payment rules without altering the benefits themselves.