S 3625 · 117th Congress · Taxation
Employee Retention Tax Credit Reinstatement Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2022-02-10)
Plain Language Summary
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Employee Retention Tax Credit Reinstatement Act This bill provides for a reinstatement of the employee retention tax credit through 2021. The credit was established to compensate employers whose businesses were negatively impacted by the COVID-19 pandemic for wages paid to their employees.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
8 Democrats4 Republicans1 Independent