Skip to main content
S. 3793 116th Congress Senate

Paycheck Security Act

Official title: A bill to amend the CARES Act to modify the employee retention tax credit to secure the paychecks and benefits of workers, to provide a refundable credit again… Show full official titleShow less

Official title: A bill to amend the CARES Act to modify the employee retention tax credit to secure the paychecks and benefits of workers, to provide a refundable credit against payroll taxes for the operating costs of employers, to amend the Internal Revenue Code of 1986 to provide a small business rebate, and for other purposes.

Introduced: May 21, 2020 Introduced by: Mark R. Warner Democratic · Virginia See on congress.gov
Taxation AppropriationsBankruptcyCardiovascular and respiratory healthCongressional oversight
More subjectsShow fewer subjects
Department of the TreasuryDisability assistanceEmergency medical services and trauma careEmployee benefits and pensionsEmployment taxesGovernment information and archivesGovernment studies and investigationsGovernment trust fundsHealth care costs and insuranceIncome tax creditsInfectious and parasitic diseasesInternal Revenue Service (IRS)Labor-management relationsSmall businessSocial security and elderly assistanceState and local government operationsTax administration and collection, taxpayersTax-exempt organizationsWages and earnings
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2020
Read twice and referred to the Committee on Finance.
May 21, 2020
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action May 21, 2020

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Paycheck Security Act

This bill modifies and increases the employee retention tax credit, allows a refundable payroll tax credit for the operating costs of employers, and provides a rebate in 2020 for certain small businesses and other business entities.

The bill also authorizes additional appropriations to carry out the provisions of this bill and to provide for oversight by the Inspector General for Tax Administration of the Department of the Treasury. The Government Accountability Office must report on the effectiveness of the operative provisions of this bill.

 Related & companion bills 2
  • HR 6781 Paycheck Protection Program Improved Coordination Act of 2020
  • S 4268 Employer Assistance Coordination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Democratic 8 Independent 1
D
Duckworth, Tammy
Illinois · Jul 20, 2020
 D
Durbin, Richard J.
Illinois · Jun 8, 2020
 D
Markey, Edward J.
Massachusetts · Jun 1, 2020
 D
Blumenthal, Richard
Connecticut · May 21, 2020
 D
Klobuchar, Amy
Minnesota · May 21, 2020
 D
Merkley, Jeff
Oregon · May 21, 2020
 D
Reed, Jack
Rhode Island · May 21, 2020
 I
Sanders, Bernard
Vermont · May 21, 2020
 D
Warren, Elizabeth
Massachusetts · May 21, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3793: Paycheck Security Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3793/
MLA
"S. 3793: Paycheck Security Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3793/.
Bluebook (legal)
S. 3793, 116th Cong. (2026), https://openamerica.io/bill/116-S-3793/.
Markdown link
[S. 3793: Paycheck Security Act](https://openamerica.io/bill/116-S-3793/)
Report a problem