[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3553 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 3553

   To allow a credit against income tax for employers who pay their 
Federal contractor employees compensation lost by reason of the Federal 
                          Government shutdown.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 20, 2013

  Mr. Brady of Pennsylvania introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To allow a credit against income tax for employers who pay their 
Federal contractor employees compensation lost by reason of the Federal 
                          Government shutdown.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CREDIT FOR EMPLOYERS WHO PAY FEDERAL CONTRACTOR EMPLOYEES 
              COMPENSATION LOST BY REASON OF SHUTDOWN.

    (a) In General.--In the case of an employer whose employees provide 
services to the Federal Government in an applicable Federal building 
under a Federal contract, there shall be allowed as a credit against 
the tax imposed by chapter 1 of the Internal Revenue Code of 1986 for 
the taxable year an amount equal to the sum of the shutdown payments 
with respect to employees of the taxpayer during the taxable year.
    (b) Definitions.--For purposes of this section--
            (1) Applicable federal building.--The term ``applicable 
        Federal building'' means any building used for official 
        purposes by any office or entity over which the Committee on 
        House Administration of the House of Representatives has 
        jurisdiction under the Rules of the House of Representatives 
        during the One Hundred Thirteenth Congress.
            (2) Shutdown payments.--
                    (A) In general.--The term ``shutdown payments'' 
                means any payment which is made by the employer to an 
                individual with respect to the shutdown period that 
                represents all or a portion of the wages the individual 
                would have received from the employer if the individual 
                were performing services for the employer under such 
                Federal contract during the shutdown period.
                    (B) Shutdown period.--The term ``shutdown period'' 
                means the period of partial Federal Government shutdown 
                resulting from the lapse in Federal appropriations 
                beginning on October 1, 2013, and ending on October 16, 
                2013.
    (c) Special Rules.--For purposes of this section--
            (1) Treated as part of business credit.--The credit 
        determined under subsection (a) shall be treated as a credit 
        listed in section 38(b) for the taxable year (and not allowed 
        separately under subsection (a)).
    (d) Termination.--This section shall not apply to any payments made 
in any taxable year beginning after December 31, 2014.
                                 <all>