HR 6841 116th Congress House Taxation Appropriations Cardiovascular and respiratory health Disability assistance Emergency medical services and trauma care Employment taxes Food industry and services Government trust funds Income tax exclusion Infectious and parasitic diseases Motor fuels Oil and gas Retail and wholesale trades Social security and elderly assistance Wages and earnings

AG CHAIN Act

Introduced: May 12, 2020 Introduced by: Thompson, Glenn Republican · Pennsylvania See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 12, 2020

Referred to the House Committee on Ways and Means.

May 12, 2020

Introduced in House

Plain-English summary Congressional Research Service

Assistance and Gratitude for Coronavirus Heroes in Agribusiness who are Invaluable to the Nation Act or the AG CHAIN Act

This bill allows an exclusion from gross income, for income tax purposes, of wages and other income earned by certain qualified employees for the period between February 15, 2020, and June 15, 2020. The aggregate amount of such exclusion for any such employee may not exceed $25,000. A qualified employee is an essential food and agriculture employee who provides services at grocery stores, gasoline stations, restaurants, and other food service establishments that are located in a county that has at least one confirmed case of COVID-19 (i.e., coronavirus disease 2019). The Department of the Treasury may extend the exclusion period for an additional three months if it determines that the COVID-19 emergency is likely to be ongoing.

The bill also suspends the payment of payroll taxes for employee wages not exceeding $75,000 for the same period.

What's happening now May 12, 2020

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1