HR 8559 · 118th Congress · Taxation

To amend the Internal Revenue Code of 1986 to protect small businesses from unemployment insurance premium increases by reason of unrepaid State advances.

Introduced 2024-05-23· Sponsored by Rep. Steel, Michelle [R-CA-45]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Work and Welfare.(2024-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8559 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8559 To amend the Internal Revenue Code of 1986 to protect small businesses from unemployment insurance premium increases by reason of unrepaid State advances. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 23, 2024 Mrs. Steel (for herself and Ms. Tenney) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to protect small businesses from unemployment insurance premium increases by reason of unrepaid State advances. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. PROTECTION OF SMALL BUSINESS FROM UNEMPLOYMENT INSURANCE PREMIUM INCREASES BY REASON OF UNREPAID STATE ADVANCES. (a) In General.--Section 3302(c) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(4) Credits of Small Businesses …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

3 Republicans