Securing the National Supply Chain Act of 2020 This bill provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.
Business investment and capitalCommunity life and organizationEconomic developmentHealth technology, devices, suppliesHousing and community development fundingIncome tax creditsIndustrial facilitiesManufacturingMinority and disadvantaged businessesPoverty and welfare assistancePublic-private cooperationStrategic materials and reservesUnemploymentWages and earnings
Securing the National Supply Chain Act of 2020
USA116th CongressHR-6443| House
| Updated: 4/3/2020
Securing the National Supply Chain Act of 2020 This bill provides various tax credits related to economically distressed zones, including a tax credit based on the amount of wages paid by an employer to employees in such a zone. The bill also establishes a procedure for state and local governments to apply for designation as an economically distressed zone.
Business investment and capitalCommunity life and organizationEconomic developmentHealth technology, devices, suppliesHousing and community development fundingIncome tax creditsIndustrial facilitiesManufacturingMinority and disadvantaged businessesPoverty and welfare assistancePublic-private cooperationStrategic materials and reservesUnemploymentWages and earnings