S. 223 · 116th Congress
Patriot Employer Tax Credit Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows a Patriot employer a business-related tax credit equal to 10% of up to $15,000 of wages paid to any employee in a taxable year.
What it does: CRS summary · Introduced in Senate · Jan 24, 2019
Patriot Employer Tax Credit Act
This bill allows a Patriot employer a business-related tax credit equal to 10% of up to $15,000 of wages paid to any employee in a taxable year.
The bill sets forth criteria for designation as a Patriot employer, including requirements that the employer
- maintain its headquarters in the United States and not expatriate to avoid payment of U.S. income taxes,
- comply with the employer mandate to provide minimum essential health care coverage to its employees under the Patient Protection and Affordable Care Act,
- provide employees with paid sick leave or paid family and medical leave,
- compensate at least 90% of its employees at an hourly rate that is at least 218% of the federal poverty level for an individual for the calendar year divided by 1,750 and provide at least 90% of its employees with a basic level of retirement benefits,
- provide for differential wage payments to its employees who are members of the Uniformed Services,
- have a written policy in place for the recruitment of employees who have served in the Uniformed Services or who are disabled, and
- increase the number of its employees performing substantially all of their services inside the United States to offset the number of employees who work outside the United States.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Patriot Employer Tax Credit Act
Latest action (Jan 24, 2019): Read twice and referred to the Committee on Finance. (text: CR S589-590)
Policy area: Taxation · Origin: Senate · Introduced: Jan 24, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.