HR 6280 · 116th Congress · Taxation
Reservist Pay Equity Act of 2020
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2020-03-13)
Plain Language Summary
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Reservist Pay Equity Act of 2020 This bill increases the rate of the differential wage payment tax credit from 20% to 50% and requires that the maximum dollar amount of such credit be adjusted for inflation after 2021. The credit is allowed to employers for their employees who are active duty members of the uniformed services.…
Summarized by Claude AI · Non-partisan · For informational purposes only