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HR 7216 116th Congress House Taxation Business expenses Cardiovascular and respiratory health Emergency medical services and trauma care Food industry and services Health technology, devices, supplies Income tax credits Infectious and parasitic diseases Migrant, seasonal, agricultural labor Retail and wholesale trades Self-employed Small business Social work, volunteer service, charitable organizations Travel and tourism Veterans' organizations and recognition Worker safety and health

Small Business PPE Tax Credit Act

Introduced: June 15, 2020 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 2020
Referred to the House Committee on Ways and Means.
Jun 15, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Small Business PPE Tax Credit Act

This bill allows certain small businesses a tax credit for the cost of qualified personal protective equipment, up to $25,000 in a taxable year. The entities eligible for such credit include farms, nonprofit organizations, veterans organizations, and Tribal business concerns. The bill defines qualified personal protective equipment to include the cost of equipment for reducing the risk of coronavirus (i.e., the virus that causes COVID-19) transmission. including gloves, facial masks and protective gear, and cleaning supplies.

What's happening now June 15, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1