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]
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.
Title
Small Business PPE Tax Credit Act
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-06-15 | House | Referred to the House Committee on Ways and Means. |
2020-06-15 | House | Introduced in House |
Subjects
Business expenses
Cardiovascular and respiratory health
Emergency medical services and trauma care
Health technology, devices, supplies
Income tax credits
Infectious and parasitic diseases
Migrant, seasonal, agricultural labor
Self-employed
Small business
Social work, volunteer service, charitable organizations
Taxation
Veterans' organizations and recognition
Worker safety and health
Cardiovascular and respiratory health
Emergency medical services and trauma care
Health technology, devices, supplies
Income tax credits
Infectious and parasitic diseases
Migrant, seasonal, agricultural labor
Self-employed
Small business
Social work, volunteer service, charitable organizations
Taxation
Veterans' organizations and recognition
Worker safety and health
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/7216/all-info |
Text | https://www.congress.gov/116/bills/hr7216/BILLS-116hr7216ih.pdf |