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- S.1486
S.1486: Patriot Employer Tax Credit Act
About This Bill
- Introduced June 2, 2015
- Latest Major Action June 2, 2015
Bill Sponsor
Bill Cosponsors
5 (4 Democrats, 1 Independent Democrat)
Bill Summary
Patriot Employer Tax Credit Act Amends the Internal Revenue Code to allow a Patriot employer a business-related tax credit for up to 10% of the first $15,000 of wages paid to any employee in a taxable year. Sets forth criteria for designation as a Patriot employer, including requirements that such employer: (1) maintains its headquarters in the United States and does not expatriate to avoid payment of U.S. income taxes, (2) complies with the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 2, 2015 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3641; text of measure as introduced: CR S3459-3461)
|
| June 2, 2015 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |