US SB6 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Fair Labor Standards Act of 1938 to require employers of Puerto Rican employees who receive a qualified wage subsidy payment to pay such employees a minimum wage of $5 without regard to such subsidy payment. The bill amends the Internal Revenue Code to treat employers who make qualified wage subsidy payments to eligible Puerto Rico employees as having paid payroll taxes in an amount equal to the wage subsidy payment. An "eligible Puerto Rico employee" is any individual who (1) is a U.S. citizen, (2) has a Social Security number, and (3) certifies to the employer that he or she is a resident of Puerto Rico and intends to remain a resident for at least the next six months. A "qualified wage subsidy payment" is a payment equal to 50% of the excess (if any) of: (1) the median hourly wage for Puerto Rico ($10 for 2020 and 2021), over (2) the hourly wage paid to the eligible Puerto Rico employee.
Title
EMPLEO Act Economic Mobility for Productive Livelihoods and Expanding Opportunity Act of 2019
Sponsors
Sen. Marco Rubio [R-FL] |
History
Date | Chamber | Action |
---|---|---|
2019-01-03 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Caribbean area
Employment taxes
Labor and employment
Labor standards
Puerto Rico
Tax administration and collection, taxpayers
U.S. territories and protectorates
Wages and earnings
Employment taxes
Labor and employment
Labor standards
Puerto Rico
Tax administration and collection, taxpayers
U.S. territories and protectorates
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/6/all-info |
Text | https://www.congress.gov/116/bills/s6/BILLS-116s6is.pdf |