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HR 6280 116th Congress House Taxation Income tax credits Inflation and prices Military personnel and dependents Wages and earnings

Reservist Pay Equity Act of 2020

Introduced: March 13, 2020 Introduced by: Panetta, Jimmy Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 13, 2020
Referred to the House Committee on Ways and Means.
Mar 13, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Reservist Pay Equity Act of 2020

This bill increases the rate of the differential wage payment tax credit from 20% to 50% and requires that the maximum dollar amount of such credit be adjusted for inflation after 2021. The credit is allowed to employers for their employees who are active duty members of the uniformed services.

What's happening now March 13, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1