US HB6787 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 8 2020 - 25% progression, died in committee
Action: 2020-05-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 8 2020 - 25% progression, died in committee
Action: 2020-05-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows an employer a payroll tax credit for certain pandemic-related employee benefit expenses paid by such employer after March 12, 2020, and before January 1, 2021. The amount of such credit is 50% of the pandemic-related expenses of essential employees and 30% for other employees. The amount of expenses taken into account for purposes of the credit for any employee may not exceed $5,000 in any calendar quarter. The bill defines qualified pandemic-related employee benefit expenses as amounts paid to an employee that are excludible from gross income as disaster relief payments related to COVID-19 (i.e., coronavirus disease 2019) and that the employee has elected to treat as a pandemic-related expense. The credit is not allowed to the federal government or its agencies, except for tax-exempt organizations.
Title
Providing Essentials for Frontline Workers Act
Sponsors
Rep. Linda Sanchez [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2020-05-08 | House | Referred to the House Committee on Ways and Means. |
2020-05-08 | House | Introduced in House |
Same As/Similar To
HB6800 (Related) 2020-07-23 - Committee on Small Business and Entrepreneurship. Hearings held.
Subjects
Administrative law and regulatory procedures
Appropriations
Cardiovascular and respiratory health
Department of Homeland Security
Department of the Treasury
Disability assistance
Disaster relief and insurance
Emergency medical services and trauma care
Employee benefits and pensions
Employment taxes
Government trust funds
Income tax exclusion
Infectious and parasitic diseases
Social security and elderly assistance
Tax administration and collection, taxpayers
Taxation
Appropriations
Cardiovascular and respiratory health
Department of Homeland Security
Department of the Treasury
Disability assistance
Disaster relief and insurance
Emergency medical services and trauma care
Employee benefits and pensions
Employment taxes
Government trust funds
Income tax exclusion
Infectious and parasitic diseases
Social security and elderly assistance
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6787/all-info |
Text | https://www.congress.gov/116/bills/hr6787/BILLS-116hr6787ih.pdf |