Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
116-hr-5261116th Congress
RAISE Act of 2019
Sponsored By: Representative Ruiz, Raul [D-CA-25]
Unknown
Summary
Rewarding American Investments to Support Employees Act of 2019 or the RAISE Act of 2019 This bill allows employers a tax credit for 10% of the increase in the aggregate amount of wages paid to specified employees in the current taxable year. The credit shall not exceed $500,000 for any employer for any taxable year. The bill defines "specified employee" as any employee who (1) was employed continuously in one or more trades or businesses of the employer, and (2) earned wages not in excess of $75,000.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Ruiz, Raul [D-CA-25]
CA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov