3.0.0 551 2023-01-11T13:47:50Z 2023-01-11T13:47:50Z Senate S 2021-03-02 117 ssfi00 Finance Committee Senate Standing Referred to 2021-03-02T23:24:02Z 2021-03-02 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-03-02 Introduced in Senate IntroReferral 10000 9 Library of Congress H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH N B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN 2021-03-02 True Taxation Cardiovascular and respiratory health Emergency medical services and trauma care Employment taxes Infectious and parasitic diseases Small business Wages and earnings Taxation 00 2021-03-02 Introduced in Senate 2021-04-16T13:41:24Z Recovery Startup Assistance Act

This bill expands the employee retention tax credit to include recovery startup businesses. The bill defines recovery startup business as any employer that began a trade or business after February 15, 2020, had less than 50 full-time employees, and did not have gross receipts in excess of $25,000 in the preceding five-year period.

]]> Recovery Startup Assistance Act Display Title Recovery Startup Assistance Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to expand the Employee Retention Tax Credit to include certain startup businesses. Introduced in Senate IS Short Title(s) as Introduced Recovery Startup Assistance Act Introduced in Senate IS Introduced in Senate 2021-03-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s551is/xml/BILLS-117s551is.xml 2021-03-02 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.