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Bill > S4214
US S4214
US S4214A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.
summary
Introduced
07/20/2020
07/20/2020
In Committee
07/20/2020
07/20/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19. This bill allows employers a 50% payroll tax credit for the cost of qualified employee protection expenses and qualified workplace reconfiguration expenses paid in a 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; and 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.
AI Summary
This bill provides a 50% payroll tax credit to employers for certain expenses associated with protecting employees from COVID-19. The qualified expenses include the cost of testing employees for COVID-19, equipment to protect employees (such as masks and disinfectants), and cleaning products or services to prevent the spread of COVID-19. The bill also allows a credit for qualified workplace reconfiguration expenses, such as amounts paid to redesign and reconfigure retail spaces, work areas, and other areas used by employees or customers to prevent the spread of COVID-19. The credit is subject to certain limitations and is available for expenses incurred between March 12, 2020, and December 31, 2020.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Read twice and referred to the Committee on Finance. (on 07/20/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/4214/all-info |
| BillText | https://www.congress.gov/116/bills/s4214/BILLS-116s4214is.pdf |
| Bill | https://www.congress.gov/116/bills/s4214/BILLS-116s4214is.pdf.pdf |
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