A bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes.
United States116th CongressS-4178Senate
Updated: Jul 2, 2020
Summary
This bill allows employers with not more than 2,000 full-time employees and certain tax-exempt organizations a payroll tax credit for 50% of their expenses for equipment, services, and training for preventing the transmission of the coronovirus (i.e., the virus that causes COVID-19). The bill limits the amount of such expenses that may be taken into account for purposes of calculating the credit and the period of applicability from February 1, 2020, and beginning before January 1, 2022.
Bill texts
All available records shown.
Timeline
Read twice and referred to the Committee on Finance.
Senate
Introduced in Senate
All available records shown.