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- S.2936
S.2936: A bill to amend the CARES Act and the Internal Revenue Code of 1986 to modify the treatment of related individuals under the employee retention tax credit.
About This Bill
- Introduced Oct. 5, 2021
- Latest Major Action Oct. 5, 2021
Bill Sponsor
Bill Version
- Introduced in Senate - Oct. 5, 2021
Bill Summary
This bill modifies the employee retention tax credit (the credit for payment of wages of employees in businesses adversely affected by COVID-19) to eliminate stock attribution rules for individuals related to a taxpayer.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 5, 2021 |
Read twice and referred to the Committee on Finance.
|
| Oct. 5, 2021 |
Introduced in the Senate by Bill Cassidy (R-La.) |