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- S.1778
S.1778: Patriot Employer Tax Credit Act
About This Bill
- Introduced Sept. 7, 2017
- Latest Major Action Sept. 7, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Sept. 7, 2017
Bill Summary
Patriot Employer Tax Credit Act This bill amends the Internal Revenue Code to allow 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 such employer: (1) maintains its headquarters in the United States and does not expatriate to avoid payment of U.S. income taxes, (2)...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sept. 7, 2017 |
Read twice and referred to the Committee on Finance.
|
Sept. 7, 2017 |
Introduced in the Senate by Sherrod Brown (D-Ohio) |