H.R. 7837 · 116th Congress
SAFE Kids and Jobs Act
- Stage
- In committee
- Sponsor
- Conor Lamb
- Introduced
- 2020-07-29
- Latest action
- 2020-07-29 · Introduced in House
Summary
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.