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United States · Bill · HR

H.R. 8669 (116th)

Corporate Responsibility and Taxpayer Protection Act of 2020

referredUnited States· United States Congress· EN

Introduced

23 October 2020

Last action

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Corporate Responsibility and Taxpayer Protection Act of 2020 This bill imposes an excise tax on large employers (at least 500 full-time employees in the preceding calendar year) for qualified federal benefits received by their employees. The bill defines qualified federal benefits to include food stamps, school lunches, section 8 housing subsidies, and Medicaid benefits. The bill exempts employers that pay their employees $15 per hour and have less than $100 million in assets.

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Documents

3 official files

Introduced in House (text)

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Sources

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