summary
Introduced
09/15/2020
09/15/2020
In Committee
09/15/2020
09/15/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To provide a payroll tax credit for best practices training expenses associated with protecting employees from COVID-19. This bill allows employers a payroll tax credit in each calendar quarter of 50% of the their qualified workplace training expenses paid or incurred after March 12, 2020, and before January 21, 2021. The bill defines qualified workplace training expenses as employer expenses for education and training for the health and safety of employees in the workplace with respect to COVID-19 (i.e., coronavirus disease 2019), and the prevention of the spread of COVID-19 in the workplace.
AI Summary
This bill provides a payroll tax credit for employers to cover 50% of their qualified workplace training expenses associated with protecting employees from COVID-19. Qualified expenses include education and training on health, safety, and prevention of COVID-19 spread in the workplace. The credit is limited to $1,000 per employee up to 500 employees, $750 per employee between 501 and 1,000 employees, and $500 per employee over 1,000 employees. The credit is refundable if it exceeds the employer's payroll tax liability. The bill applies to expenses incurred between March 12, 2020, and January 1, 2021.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Referred to the House Committee on Ways and Means. (on 09/15/2020)
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/house-bill/8260/all-info |
| BillText | https://www.congress.gov/116/bills/hr8260/BILLS-116hr8260ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr8260/BILLS-116hr8260ih.pdf.pdf |
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