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United States · Bill · HR

H.R. 7216 (116th)

Small Business PPE Tax Credit Act

referredUnited States· United States Congress· EN

Introduced

15 June 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Small Business PPE Tax Credit Act This bill allows certain small businesses a tax credit for the cost of qualified personal protective equipment, up to $25,000 in a taxable year. The entities eligible for such credit include farms, nonprofit organizations, veterans organizations, and Tribal business concerns. The bill defines qualified personal protective equipment to include the cost of equipment for reducing the risk of coronavirus (i.e., the virus that causes COVID-19) transmission. including gloves, facial masks and protective gear, and cleaning supplies.

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Documents

3 official files

Introduced in House (text)

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