SENATE 551117th CongressRead twice and referred to the Committee on Finance.
Recovery Startup Assistance Act
- Last Action
- 3/2/2021
Actions
- 2021-03-02Read twice and referred to the Committee on Finance.
- 2021-03-02Introduced in Senate
CRS Summary
As of 2021-03-02 (00)
Recovery Startup Assistance Act
This bill expands the employee retention tax credit to include recovery startup businesses. The bill defines recovery startup business as any employer that began a trade or business after February 15, 2020, had less than 50 full-time employees, and did not have gross receipts in excess of $25,000 in the preceding five-year period.
Cosponsors (1)
- Mike Braun (R-IN)
Subjects
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Employment taxes
- Infectious and parasitic diseases
- Small business
- Wages and earnings
Sourced from Congress.gov (public domain).
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