US Congress Senate Bill 4268 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on July 22 2020 - 25% progression, died in committee
Action: 2020-07-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Permits certain small employers who participate in the Payroll Protection Program established to assist such employers adversely affected by the COVID-19 (i.e., coronavirus disease 2019) public health emergency to also claim the refundable employee retention tax credit if their businesses have experienced a significant reduction in revenue or have closed pursuant to a government order. The bill prohibits employers from using funds from both programs based upon the same wages paid to their employees.

Employer Assistance Coordination Act

Sen. Margaret Hassan [D-NH]

Sen. Richard Burr [R-NC]

Date	Chamber	Action
2020-07-22	Senate	Read twice and referred to the Committee on Finance.

HB6776 (Related) 2020-05-08 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
HB6781 (Related) 2020-05-08 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
HB6800 (Related) 2020-07-23 - Committee on Small Business and Entrepreneurship. Hearings held.
SB3793 (Related) 2020-05-21 - Read twice and referred to the Committee on Finance.
SB4318 (Related) 2020-07-27 - Read twice and referred to the Committee on Finance.
SB4818 (Related) 2020-12-10 - Committee on Small Business and Entrepreneurship. Hearings held.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/4268/all-info
Text	https://www.congress.gov/116/bills/s4268/BILLS-116s4268is.pdf