US HB885 | 2021-2022 | 117th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 12-3)
Status: Introduced on February 5 2021 - 25% progression
Action: 2021-02-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allows certain small businesses a tax credit for qualified personal protective equipment expenses, up to $25,000 in a taxable year. The entities eligible for such credit include farms, veterans organizations, and tribal business concerns. The bill defines qualified personal protective equipment expenses to include the cost of equipment for reducing the risk of coronavirus (i.e., the virus that causes COVID-19) transmission, including gloves, medical masks and protective gear, and cleaning supplies.

Tracking Information

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Title

Small Business PPE Tax Credit Act

Sponsors


History

DateChamberAction
2021-02-05HouseReferred to the House Committee on Ways and Means.
2021-02-05HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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