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A bill to amend the CARES Act and the Internal Revenue Code of 1986 to modify the treatment of related individuals under the employee retention tax credit.

USA117th CongressS-2936| Senate 
| Updated: 10/5/2021
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill modifies the employee retention tax credit (the credit for payment of wages of employees in businesses adversely affected by COVID-19) to eliminate stock attribution rules for individuals related to a taxpayer.
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Timeline
Oct 5, 2021
Introduced in Senate
Oct 5, 2021
Read twice and referred to the Committee on Finance.
  • October 5, 2021
    Introduced in Senate


  • October 5, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Employment taxesWages and earnings

A bill to amend the CARES Act and the Internal Revenue Code of 1986 to modify the treatment of related individuals under the employee retention tax credit.

USA117th CongressS-2936| Senate 
| Updated: 10/5/2021
This bill modifies the employee retention tax credit (the credit for payment of wages of employees in businesses adversely affected by COVID-19) to eliminate stock attribution rules for individuals related to a taxpayer.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 5, 2021
Introduced in Senate
Oct 5, 2021
Read twice and referred to the Committee on Finance.
  • October 5, 2021
    Introduced in Senate


  • October 5, 2021
    Read twice and referred to the Committee on Finance.
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employment taxesWages and earnings