HR 6221
116th Congress
House
Taxation
Administrative law and regulatory procedures
Employee leave
Employment taxes
Government trust funds
Income tax credits
Wages and earnings
Paid Sick Leave Credit Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2020
Referred to the House Committee on Ways and Means.
Mar 12, 2020
Introduced in House
Plain-English summary
Paid Sick Leave Credit Act of 2020
This bill allows employers a payroll tax credit for required sick leave paid to their employees. The credit is equal to the excess of 90% of sick leave wages paid pursuant to the Emergency Paid Sick Leave Act over the aggregate credits allowed to employers for all prior calendar quarters. The bill limits the amount of wages that may be taken into account for purposes of the credit to $511 for any day an employee is on sick leave and $7,156 in the aggregate for any four consecutive calendar quarters.
The bill requires transfers to specified Social Security trust funds to cover any reduction in revenue due to the tax credit allowed by this bill.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1