3.0.0 615 2023-05-11T15:45:15Z 2023-05-11T15:45:15Z House HR 2021-01-28 117 [Congressional Record Volume 167, Number 17 (Thursday, January 28, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. THOMPSON of California:H.R. 615.Congress has the power to enact this legislation pursuantto the following:Article I[Page H253]]]> hssm00 Small Business Committee House Standing Referred to 2021-01-28T14:03:05Z hswm00 Ways and Means Committee House Standing Referred to 2021-01-28T14:03:00Z 2021-01-28 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. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2021-01-28 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-01-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-01-28 Introduced in House IntroReferral 1000 9 Library of Congress T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 N H001066 Rep. Horsford, Steven [D-NV-4] Steven Horsford D NV 4 2021-01-28 True K000376 Rep. Kelly, Mike [R-PA-16] Mike Kelly R PA 16 2021-01-28 True P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2021-01-28 True Taxation Administrative law and regulatory procedures Appropriations Cardiovascular and respiratory health Department of the Treasury Disability assistance Economic performance and conditions Emergency medical services and trauma care Employment taxes Government trust funds Health care costs and insurance Health care coverage and access Infectious and parasitic diseases Interest, dividends, interest rates Public utilities and utility rates Small business Social security and elderly assistance Tax administration and collection, taxpayers Tax-exempt organizations Wages and earnings Taxation 00 2021-01-28 Introduced in House 2021-05-21T14:56:33Z Keeping the Lights On Act of 2021

This bill allows an eligible employer a payroll tax credit equal to 50% of a limited amount of qualified fixed expenses paid by such employer in a calendar quarter. Qualified fixed expenses include a mortgage, rent, or a utility payment.

An employer is eligible for such payroll credit if the employer was carrying on a trade or business that had not more than 1,500 full-time employees or not more than $41.5 million in gross receipts in 2019. The employer's business must have been suspended in a calendar quarter due to COVID-19 (i.e., coronavirus disease 2019) and have experienced a significant decline in gross receipts due to that pandemic.

The credit may not be claimed by the federal government or by any state or tribal government, or by U.S. possessions, but may be claimed by tax-exempt organizations.

]]> Keeping the Lights On Act of 2021 Display Title Keeping the Lights On Act of 2021 Official Title as Introduced To provide a payroll credit for certain fixed expenses of employers subject to closure by reason of COVID-19. Introduced in House IH Short Title(s) as Introduced Keeping the Lights On Act of 2021 Introduced in House IH Introduced in House 2021-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr615ih/xml/BILLS-117hr615ih.xml 2021-01-28 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. 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.