US Congress Senate Bill 3793 (Prior Session Legislation)

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Spectrum: Strong Partisan Bill (Democrat 13-1)
Status: Introduced on May 21 2020 - 25% progression, died in committee
Action: 2020-05-21 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Modifies and increases the employee retention tax credit, allows a refundable payroll tax credit for the operating costs of employers, and provides a rebate in 2020 for certain small businesses and other business entities. The bill also authorizes additional appropriations to carry out the provisions of this bill and to provide for oversight by the Inspector General for Tax Administration of the Department of the Treasury. The Government Accountability Office must report on the effectiveness of the operative provisions of this bill.

Paycheck Security Act

Sen. Mark Warner [D-VA]	Sen. Bernard Sanders [I-VT]	Sen. Doug Jones [D-AL]	Sen. Richard Blumenthal [D-CT]
Sen. Amy Klobuchar [D-MN]	Sen. Elizabeth Warren [D-MA]	Sen. Dianne Feinstein [D-CA]	Sen. Jack Reed [D-RI]
Sen. Jeff Merkley [D-OR]	Sen. Edward Markey [D-MA]	Sen. Robert Menendez [D-NJ]	Sen. Richard Durbin [D-IL]
Sen. Kamala Harris [D-CA]	Sen. Tammy Duckworth [D-IL]

Date	Chamber	Action
2020-05-21	Senate	Read twice and referred to the Committee on Finance.

HB6781 (Related) 2020-05-08 - Referred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB4268 (Related) 2020-07-22 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/3793/all-info
Text	https://www.congress.gov/116/bills/s3793/BILLS-116s3793is.pdf