arrow_back Back to App

Changes to Employee Retention Tax Credit for Related Individuals.

This bill modifies the rules for the employee retention tax credit, specifically regarding the employment of family members. It aims to clarify which related individuals can be included when calculating this credit, potentially affecting the financial support available to businesses.
Key points
The bill clarifies rules for the Employee Retention Tax Credit concerning the employment of family members.
Changes apply to wages paid after March 12, 2020, and after June 30, 2021, depending on the specific section of the act.
Businesses employing family members may see altered eligibility conditions for the credit, potentially impacting their finances.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_2936
Sponsor: Sen. Cassidy, Bill [R-LA]
Process start date: 2021-10-05
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

A bill to amend the CARES Act and the Internal Revenue Code of 1986 to modify the treatment of related individuals under the employee retention tax credit.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2936.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-10-05.

What are the main provisions?

Key points include:

  • The bill clarifies rules for the Employee Retention Tax Credit concerning the employment of family members.
  • Changes apply to wages paid after March 12, 2020, and after June 30, 2021, depending on the specific section of the act.
  • Businesses employing family members may see altered eligibility conditions for the credit, potentially impacting their finances.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cassidy, Bill [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Labor Family