Patriot Employer Act of 2017

Summary

Patriot Employer Act of 2017 This bill amends the Internal Revenue Code to allow a Patriot employer a business-related tax credit equal to 10% of up to $15,000 of wages paid to any employee in a taxable year. The bill sets forth criteria for designation as a Patriot employer, including requirements that such employer: (1) maintains its headquarters in the United States and does not expatriate to avoid payment of U.S. income taxes, (2) complies with the employer mandate to provide minimum essential health care coverage to its employees under the Patient Protection and Affordable Care Act, (3) provides employees with paid sick leave or paid family and medical leave, (4) compensates at least 90% of its employees at an hourly rate that is at least 218% of the federal poverty level for an individual for the calendar year divided by 1,750 and provides at least 90% of its employees with a basic level of retirement benefits, (5) provides for differential wage payments to its employees who are members of the Uniformed Services, (6) has a written policy in place for the recruitment of employees who have served in the Uniformed Services or who are disabled, and (7) increases the number of its employees performing substantially all of their services inside the United States to offset the number of employees who work outside the United States. The bill also sets forth a rule for the deferral of the tax deduction for foreign-related interest expense.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 October 2017

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 3 October 2017

   Introduced

   Sponsor introductory remarks on measure. (CR H7734)

   Source: IntroReferral

3. 3 October 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 3 October 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 October 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 October 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 October 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 3 October 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Schakowsky, Janice D. [D-IL-9] · D · Sponsor
• Rep. Boyle, Brendan F. [D-PA-2] · D · Sponsor
• Rep. Veasey, Marc A. [D-TX-33] · D · Sponsor
• Rep. Garamendi, John [D-CA-8] · D · Cosponsor
• Rep. Bustos, Cheri [D-IL-17] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → Patriot Employer Tax Credit Act
• related to ← Patriot Employer Tax Credit Act