Businesses Preparing for a Better Tomorrow Act
- Last Action
- 3/11/2021
Actions
- 2021-03-11Referred to the House Committee on Ways and Means.
- 2021-03-11Introduced in House
- 2021-03-11Introduced in House
CRS Summary
As of 2021-03-11 (00)
Businesses Preparing for a Better Tomorrow Act
This bill allows employers a payroll tax credit in each calendar quarter of 50% of the their qualified workplace training expenses paid or incurred after March 12, 2020, and before January 1, 2022. The bill defines qualified workplace training expenses as employer expenses for education and training for the health and safety of employees in the workplace with respect to COVID-19 (i.e., coronavirus disease 2019), and the prevention of the spread of COVID-19 in the workplace.
Cosponsors (1)
- Pat Fallon (R-TX)
Subjects
- Appropriations
- Business education
- Business expenses
- Disability assistance
- Employment taxes
- Government trust funds
- Health promotion and preventive care
- Social security and elderly assistance
- Worker safety and health
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.