US HB7216 | 2019-2020 | 116th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 36-8)
Status: Introduced on June 15 2020 - 25% progression, died in committee
Action: 2020-06-15 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allows certain small businesses a tax credit for the cost of qualified personal protective equipment, up to $25,000 in a taxable year. The entities eligible for such credit include farms, nonprofit organizations, veterans organizations, and Tribal business concerns. The bill defines qualified personal protective equipment to include the cost of equipment for reducing the risk of coronavirus (i.e., the virus that causes COVID-19) transmission. including gloves, facial masks and protective gear, and cleaning supplies.

Tracking Information

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Title

Small Business PPE Tax Credit Act

Sponsors


History

DateChamberAction
2020-06-15HouseReferred to the House Committee on Ways and Means.
2020-06-15HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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