Supporting American Families, Employers, Kids and Jobs Act or the SAFE Kids and Jobs Act
This bill allows an employer a payroll tax credit for 30% of qualified employee dependent care expenses (i.e., dependent care assistance) paid by the employer in a calendar quarter. The amount of qualified expenses eligible for the credit is limited to $2,500 per employee in any calendar quarter.
Action Date | Type | Text | Source |
---|---|---|---|
2020-07-29 | Committee | Referred to the Subcommittee on Select Revenue Measures. | House committee actions |
2020-07-29 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2020-07-29 | IntroReferral | Introduced in House | Library of Congress |