US HB6920 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on May 19 2020 - 25% progression, died in committee
Action: 2020-05-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 19 2020 - 25% progression, died in committee
Action: 2020-05-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows employers to suspend payment of payroll taxes (i.e., employer and employee taxes and self-employment taxes) for the period beginning on the enactment of this bill and ending either 90 days later, or upon the termination of the COVID-19 (i.e., coronavirus disease 2019) emergency period, whichever is shorter. The bill authorizes transfers to specified Social Security trust funds to cover the loss of revenue to such funds resulting from this payroll tax suspension.
Title
Keep Employees’ Earnings Protected Act of 2020
Sponsors
| Rep. Ross Spano [R-FL] | Rep. Alexander Mooney [R-WV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-19 | House | Referred to the House Committee on Ways and Means. |
| 2020-05-19 | House | Introduced in House |
Subjects
Appropriations
Cardiovascular and respiratory health
Disability assistance
Emergency medical services and trauma care
Employment taxes
Government trust funds
Infectious and parasitic diseases
Social security and elderly assistance
Taxation
Cardiovascular and respiratory health
Disability assistance
Emergency medical services and trauma care
Employment taxes
Government trust funds
Infectious and parasitic diseases
Social security and elderly assistance
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6920/all-info |
| Text | https://www.congress.gov/116/bills/hr6920/BILLS-116hr6920ih.pdf |
