3.0.0 6221 2022-02-08T23:17:31Z 2022-02-08T23:17:31Z House HR 2020-03-12 116 [Congressional Record Volume 166, Number 48 (Thursday, March 12, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HARDER of California:H.R. 6221.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H1670]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-03-12T13:03:10Z 2020-03-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-03-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-03-12 Introduced in House IntroReferral 1000 9 Library of Congress H001090 Rep. Harder, Josh [D-CA-10] Josh Harder D CA 10 N Taxation Administrative law and regulatory procedures Employee leave Employment taxes Government trust funds Income tax credits Wages and earnings Taxation 00 2020-03-12 Introduced in House 2020-03-25T18:20:49Z 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.

]]> Paid Sick Leave Credit Act of 2020 Display Title Paid Sick Leave Credit Act of 2020 Official Title as Introduced To allow a tax credit for employers under the Internal Revenue Code of 1986 for certain mandated paid sick leave. Introduced in House IH Short Title(s) as Introduced Paid Sick Leave Credit Act of 2020 Introduced in House IH Introduced in House 2020-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6221ih/xml/BILLS-116hr6221ih.xml 2020-03-12 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.