3.0.0 3793 2023-01-11T13:42:38Z 2023-01-11T13:42:38Z Senate S 2020-05-21 116 ssfi00 Finance Committee Senate Standing Referred to 2020-05-21T16:54:13Z Paycheck Protection Program Improved Coordination Act of 2020 116 6781 HR 2020-05-08 Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS Employer Assistance Coordination Act 116 4268 S 2020-07-22 Read twice and referred to the Committee on Finance. Related bill CRS 2020-05-21 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-05-21 Introduced in Senate IntroReferral 10000 9 Library of Congress W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. N S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2020-05-21 True J000300 Sen. Jones, Doug [D-AL] Doug Jones D AL 2020-05-21 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2020-05-21 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2020-05-21 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2020-05-21 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2020-05-21 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2020-05-21 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2020-05-21 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2020-06-01 False M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2020-06-01 False D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2020-06-08 False H001075 Sen. Harris, Kamala D. [D-CA] Kamala Harris D CA D. 2020-06-08 False D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2020-07-20 False Taxation Appropriations Bankruptcy Cardiovascular and respiratory health Congressional oversight Department of the Treasury Disability assistance Emergency medical services and trauma care Employee benefits and pensions Employment taxes Government information and archives Government studies and investigations Government trust funds Health care costs and insurance Income tax credits Infectious and parasitic diseases Internal Revenue Service (IRS) Labor-management relations Small business Social security and elderly assistance State and local government operations Tax administration and collection, taxpayers Tax-exempt organizations Wages and earnings Taxation 00 2020-05-21 Introduced in Senate 2020-07-16T15:56:29Z 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.

]]> Paycheck Security Act Display Title Paycheck Security Act Short Title(s) as Introduced Paycheck Security Act Introduced in Senate IS Official Title as Introduced 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 in Senate IS Introduced in Senate 2020-05-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3793is/xml/BILLS-116s3793is.xml 2020-05-21 Read twice and referred to the Committee on Finance. 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.