Bill

Bill > HR7615


US HR7615

US HR7615
To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.


summary

Introduced
07/16/2020
In Committee
07/16/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19. This bill allows employers a payroll tax credit for 50% of the sum of qualified employee protection expenses, qualified workplace reconfiguration expenses, and qualified workplace technology expenses paid for each calendar quarter. The bill defines qualified employee protection expenses as the cost of testing employees for COVID-19 (i.e., coronavirus disease 2019), equipment to protect employees from COVID-19, and cleaning products or services for preventing the spread of COVID-19; qualified workplace reconfiguration expenses as amounts paid to design and reconfigure retail space, work areas, break areas, or other employee or customer areas for the primary purpose of preventing the spread of COVID-19, and such design and reconfiguration is completed pursuant to a plan in place before March 13, 2020, and completed before January 1, 2021; and qualified workplace technology expenses as amounts paid for technology systems that employees or customers use for the primary purpose of preventing the spread of COVID-19 and limiting physical contact, and is acquired after March 12, 2020, and placed in service before January 1, 2021.

AI Summary

This bill provides a payroll tax credit for certain expenses associated with protecting employees from COVID-19. Specifically, it allows employers a credit for 50% of qualified employee protection expenses (such as COVID-19 testing and personal protective equipment), qualified workplace reconfiguration expenses (for redesigning workspaces to prevent the spread of COVID-19), and qualified workplace technology expenses (for acquiring technology systems that limit physical contact). The credit is subject to various limitations, including a cap based on the number of employees, and can be refundable if it exceeds the employer's payroll tax liability. The bill also includes provisions to prevent abuse and ensures the credit only applies to expenses incurred between March 12, 2020, and December 31, 2020.

Committee Categories

Budget and Finance

Sponsors (17)

Last Action

Referred to the House Committee on Ways and Means. (on 07/16/2020)

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