A bill to amend the Taxpayer Certainty and Disaster Tax Relief Act of 2020 to allow qualified tax-exempt organizations to claim the employee retention credit for employers affected by qualified disasters against Medicare hospital insurance taxes.
This bill allows certain tax-exempt organizations to claim the employee retention tax credit for employers affected by qualified disasters against its Medicare hospital insurance tax liability.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
A bill to amend the Taxpayer Certainty and Disaster Tax Relief Act of 2020 to allow qualified tax-exempt organizations to claim the employee retention credit for employers affected by qualified disasters against Medicare hospital insurance taxes.
USA118th CongressS-3552| Senate
| Updated: 12/14/2023
This bill allows certain tax-exempt organizations to claim the employee retention tax credit for employers affected by qualified disasters against its Medicare hospital insurance tax liability.