3.0.0 6629 2023-01-11T13:43:05Z 2023-01-11T13:43:05Z House HR 2020-04-28 116 [Congressional Record Volume 166, Number 80 (Tuesday, April 28, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HUIZENGA:H.R. 6629.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the Constitution of theUnited States:[Page H1965]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-04-28T13:04:10Z 2020-04-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-04-28 Introduced in House IntroReferral 1000 9 Library of Congress H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 N P000605 Rep. Perry, Scott [R-PA-10] Scott Perry R PA 10 2020-05-15 False Taxation Appropriations Disability assistance Employment taxes Government trust funds Income tax credits Social security and elderly assistance Tax administration and collection, taxpayers Wages and earnings Taxation 00 2020-04-28 Introduced in House 2020-05-04T14:43:41Z Patriot Bonus Tax Credit Act of 2020

This bill allows employers a employment tax credit for qualified bonuses paid to their employees after March 12, 2020, and before January 1, 2021. The credit is equal to 50% of such bonuses paid in a calendar quarter taking into account not more than $25,000 for any employee for all calendar quarters.

The bill defines qualified bonus as wages paid to an employee that include overtime or hazardous pay, supplemental payments made for the convenience of the employer, payments to retain staff at essential facilities, or other payments made to employees due to extraordinary businesses and economic conditions.

]]> Patriot Bonus Tax Credit Act of 2020 Display Title Patriot Bonus Tax Credit Act of 2020 Official Title as Introduced To provide a payroll tax credit to employers for employee bonuses. Introduced in House IH Short Title(s) as Introduced Patriot Bonus Tax Credit Act of 2020 Introduced in House IH Introduced in House 2020-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6629ih/xml/BILLS-116hr6629ih.xml 2020-04-28 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.