,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fbba  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #ab1 #bjbj,mr4   
,h>d] ( ,cali=nia introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to all[ a   
tax cr$it = employ]s "u ! ,int]nal      
,rev5ue ,code ( #aihf = c]ta9 m&at$ paid
 sick leave4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,paid ,sick ,leave      
,cr$it ,act ( #bjbj4  #b4 ,payroll cr$it
 = requir$ paid sick leave  7a7 ,9 g5]al
 ,9 ! case ( a employ] :o elects 7at su*
 "t & 9 su* mann] z ! ,secret>y may     
provide7 ! application ( ?is section !re
 %all be all[$ z a cr$it aga9/ ! tax    
impos$ by section #caaa7;a7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf = ! fir/ cal5d>  
qu>t] beg9n+ aft] su* election an am\nt 
equal to ! excess 7if any7 (-- 7#a7 #ij 
p]c5t ( ! qualifi$ sick leave wages paid
 by an employ] by reason ( ! requirem5ts
 ( section #b ( ! ,em]g5cy ,paid ,sick  
,leave ,act2 ov]  7#b7 ! aggregate      
cr$its all[$ "u ?is section ) respect to

 all prior cal5d> qu>t]s4  7b7          
,limitations  7#a7 ,wages tak5 into     
acc\nt ,! am\nt ( qualifi$ sick leave   
wages :i* may be tak5 into acc\nt "u    
subsection 7a7 = ! taxable ye> ) respect
 to any individual %all n exce$-- 7,a7 =
 any day 7or portion !re(7 ! individual 
is on sick leave dur+ ! taxable ye>1    
#eaa2 &  7,b7 9 ! aggregate = any f\r   
consecutive cal5d> qu>t]s1 #g1aef4  7#b7
 ,cr$it limit$ to c]ta9 employm5t taxes 
,! cr$it all[$ by subsection 7a7 )      
respect to any cal5d> qu>t] %all n exce$
 ! tax impos$ "u section #caaa7;a7 = su*
 cal5d> qu>t] on ! wages paid ) respect 
to ! employm5t ( all individuals 9 !    
employ ( ! employ]4  7#c7 ,c>ryov] (    
unus$ cr$it ,if ! am\nt ( ! cr$it "u    
subsection 7a7 exce$s ! limitation (    
p>agraph 7#b7 = any cal5d> qu>t]1 su*   
excess %all be c>ri$ to ! succe$+ cal5d>
 qu>t] & all[$ z a cr$it "u subsection  
7a7 = su* qu>t]4  7c7 ,qualifi$ sick    
leave wages ,= purposes ( ?is section-- 
7#a7 ,9 g5]al ,! t]m qualifi$ sick leave

 wages means wages 7z def9$ 9 section   
#ea7;c77#a7 ( ! ,int]nal ,rev5ue ,code (
 #aihf1 b )\t reg>d to section          
#ccjf7;b77#b77;,b7 ( su* ,code7 paid or 
incurr$ by an employ] to an employee )  
respect to employm5t = a p]iod dur+ :i* 
su* employee is on sick leave ) !       
employ]4  7#b7 ,only additional paid    
sick "t tak5 into acc\nt ,9 ! case ( any
 employ] ) a sick leave plan 9 effect on
 ,m>* #ab1 #bjbj1 only wages 9 excess ( 
! wages ! employ] w\ld h o!rwise paid   
su* employee 7b = section #b ( !        
,em]g5cy ,paid ,sick ,leave ,act7 "u su*
 plan %all be tak5 into acc\nt4  7#c7   
,sick leave wages mu/ meet requirem5ts (
 ,act ,wages %all n be tak5 into acc\nt 
"u ?is section unless su* wages meet !  
requirem5ts (1 & are requir$ by1 section
 #b ( ! ,em]g5cy ,paid ,sick ,leave     
,act4  7d7 ,special rules  7#a7 ,c]ta9  
rules to apply ,= purposes ( ?is        
section1 rules simil> to ! rules (      
sections #ea7;i77#a7 & #eb ( ! ,int]nal 
,rev5ue ,code ( #aihf %all apply4  7#b7 

,relat$ employ]s ,= purposes ( ?is      
section1 all p]sons treat$ z a s+le     
employ] "u subsection 7b71 7c71 7m71 or 
7o7 ( section #dad ( su* ,code %all be  
treat$ z #a employ]4  7#c7 ,d5ial (     
d\ble b5efit ,no d$uction %all be all[$ 
"u su* ,code = ! portion ( wages paid or
 incurr$ = ! taxable ye> :i* is equal to
 ! sum ( ! cr$its det]m9$ "u ?is section
 = cal5d> qu>t]s end+ 9 su* taxable ye>4
 ,rules simil> to ! rules "u ! second   
s5t5ce ( section #bhj;,c7a7 ( su* ,code 
%all apply = purposes ( ! prec$+ s5t5ce4
  7e7 ,transf]s to ,f$]al ,old-,age &   
,survivors ,insurance ,tru/ ,fund ,!re  
are h]eby appropriat$ to ! ,f$]al       
,old-,age & ,survivors ,tru/ ,fund & !  
,f$]al ,disability ,insurance ,tru/     
,fund e/abli%$ "u section #bja ( !      
,social ,security ,act 7#db ,u4,s4,c4   
#dja7 am\nts equal to ! r$uction 9      
rev5ues to ! ,treasury by reason (      
subsection 7a74 ,am\nts appropriat$ by !
 prec$+ s5t5ce %all be transf]r$ f !    
g5]al fund at su* times & 9 su* mann] z 

to replicate to ! ext5t possible !      
transf]s :i* w\ld h occurr$ to su* ,tru/
 ,fund _h su* p>agraphs n be5 enact$4   
7f7 ,regulations ,! ,secret>y %all      
prescribe su* regulations z may be      
necess>y to c>ry out ! purposes ( ?is   
subsection1 includ+-- 7#a7 regulations  
to prev5t ! avoidance ( ! purposes ( !  
limitations & aggregation rules "u ?is  
subsection ?r\gh ! use ( successor      
companies or o!r means1  7#b7           
regulations to m9imize compliance &     
record-keep+ burd5s "u ?is subsection1 &
  7#c7 regulations = recaptur+ ! b5efit 
( cr$its det]m9$ "u ?is section 9 cases 
:]e !re is a subsequ5t adju/m5t to !    
cr$it det]m9$ "u subsection 7a74  7g7   
,t]m9ation ,?is section %all n apply to 
any wages paid m ?an #b ye>s aft] ! date
 ( ! effective date ( ! ,em]g5cy ,paid  
,sick ,leave ,act4