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Blue Collar Bonus Act of 2021

USA117th CongressS-536| Senate 
| Updated: 3/2/2021
Josh Hawley

Josh Hawley

Republican Senator

Missouri

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Blue Collar Bonus Act of 2021 This bill allows a refundable income tax credit to supplement wages received by an individual taxpayer that are less than the median wage. The bill defines median wage as $16.50 per hour, increased by annual inflation adjustments beginning after 2021. The bill also provides for advance payments of the credit. The bill requires taxpayers to provide their Social Security account numbers on their tax returns to be eligible for the credit. The credit expires after 2023.
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Timeline
Mar 2, 2021
Introduced in Senate
Mar 2, 2021
Read twice and referred to the Committee on Finance.
  • March 2, 2021
    Introduced in Senate


  • March 2, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Income tax creditsTax administration and collection, taxpayersWages and earnings

Blue Collar Bonus Act of 2021

USA117th CongressS-536| Senate 
| Updated: 3/2/2021
Blue Collar Bonus Act of 2021 This bill allows a refundable income tax credit to supplement wages received by an individual taxpayer that are less than the median wage. The bill defines median wage as $16.50 per hour, increased by annual inflation adjustments beginning after 2021. The bill also provides for advance payments of the credit. The bill requires taxpayers to provide their Social Security account numbers on their tax returns to be eligible for the credit. The credit expires after 2023.
View Full Text

Suggested Questions

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

Timeline
Mar 2, 2021
Introduced in Senate
Mar 2, 2021
Read twice and referred to the Committee on Finance.
  • March 2, 2021
    Introduced in Senate


  • March 2, 2021
    Read twice and referred to the Committee on Finance.
Josh Hawley

Josh Hawley

Republican Senator

Missouri

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Income tax creditsTax administration and collection, taxpayersWages and earnings