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Main Subject: Taxation

Employer Assistance Coordination Act

This bill permits certain small employers who participate in the Payroll Protection Program established to assist such employers adversely affected by the COVID-19 (i.e., coronavirus disease 2019) public health emergency to also claim the refundable employee retention tax credit if their businesses have experienced a significant reduction in revenue or have closed pursuant to a government order. The bill prohibits employers from using funds from both programs based upon the same wages paid to their employees.

HR6776-116, HR6781-116, HR6800-116, S3793-116, S4318-116, S4818-116,

Senate Actions

IntroReferral
Jul. 22 2020	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Jul. 22 2020	Introduced in Senate

Senate bill S4268-116

Employer Assistance Coordination Act

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