Businesses Preparing for a Better Tomorrow Act
Sponsored By: Representative Olson, Pete [R-TX-22]
Unknown
Summary
Businesses Preparing for a Better Tomorrow Act This bill allows employers a payroll tax credit in each calendar quarter of 50% of the their qualified workplace training expenses paid or incurred after March 12, 2020, and before January 1, 2021. The bill defines qualified workplace training expenses as employer expenses for education and training for the health and safety of employees in the workplace with respect to COVID-19 (i.e., coronavirus disease 2019), and the prevention of the spread of COVID-19 in the workplace.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Olson, Pete [R-TX-22]
TX • R
Cosponsors
Rep. Cuellar, Henry [D-TX-28]
TX • D
Sponsored 9/30/2020
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 11/17/2020
Rep. Flores, Bill [R-TX-17]
TX • R
Sponsored 11/19/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov