A bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 2, 2020)
This bill allows employers with not more than 2,000 full-time employees and certain tax-exempt organizations a payroll tax credit for 50% of their expenses for equipment, services, and training for preventing the transmission of the coronovirus (i.e., the virus that causes COVID-19). The bill limits the amount of such expenses that may be taken into account for purposes of calculating the credit and the period of applicability from February 1, 2020, and beginning before January 1, 2022.
What just happenedJul 2, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateJul 2, 2020
- Jul 2, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 2, 2020IntroReferral10000
Introduced in Senate