Bill117th CongressFiled Oct 5, 2021Taxation
S. 2936
A bill to amend the CARES Act and the Internal Revenue Code of 1986 to modify the treatment of related individuals under the employee retention tax credit.
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What it doesSummary introduced in senate (Oct 5, 2021)
This bill modifies the employee retention tax credit (the credit for payment of wages of employees in businesses adversely affected by COVID-19) to eliminate stock attribution rules for individuals related to a taxpayer.
What just happenedOct 5, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Cassidy, Bill [R-LA](R-LA)Sponsor
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- Introduced in SenateOct 5, 2021
- Oct 5, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Oct 5, 2021IntroReferral10000
Introduced in Senate