,,ii  #aag? ,,congress  #a/ ,session    
,s4 #ecg  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #b 7legislative   
day1 ,m>* #a71 #bjba ,mr4 ,portman 7=   
himself & ,ms4 ,s9ema7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to provide a tax cr$it = c]ta9 exp5ses 
associat$ ) protect+ employees f        
,,covid-#ai4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,heal?y ,workplaces     
,act4  #b4 ,heal?y workplace payroll tax
 cr$it  7a7 ,9 g5]al ,9 ! case ( an     
employ]1 !re %all be all[$ z a cr$it    
aga9/ applicable employm5t taxes = ea*  
cal5d> qu>t] an am\nt equal to #ej p]c5t
 ( ! sum (--  7#a7 ! qualifi$ employee  
protection exp5ses paid or incurr$ by ! 
employ] dur+ su* cal5d> qu>t]1  7#b7 !  
qualifi$ workplace reconfiguration      
exp5ses paid or incurr$ by ! employ]    
dur+ su* cal5d> qu>t]1 &  7#c7 !        
qualifi$ education & tra9+ exp5ses paid 
or incurr$ by ! employ] dur+ su* cal5d> 
qu>t]4  7b7 ,limitations & refundability

  7#a7 ,ov]all doll> limitation on cr$it
  7,a7 ,9 g5]al ,! am\nt ( ! cr$it all[$
 "u subsection 7a7 ) respect to any     
employ] = any cal5d> qu>t] %all n exce$ 
! excess 7if any7 (--  7i7 ! applicable 
doll> limit ) respect to su* employ] =  
su* cal5d> qu>t]1 ov]  7ii7 ! aggregate 
cr$its all[$ "u subsection 7a7 ) respect
 to su* employ] = all prec$+ cal5d>     
qu>t]s4  7,b7 ,applicable doll> limit   
7i7 ,9 g5]al ,! t]m applicable doll>    
limit means1 ) respect to any employ] = 
any cal5d> qu>t]1 ! sum (-- 7,i7 #a1jjj1
 multipli$ by s mu* ( ! av]age numb] (  
full-"t employees employ$ by su* employ]
 dur+ su* cal5d> qu>t] z does n exce$   
#ejj1 plus  7,,ii7 #gej1 multipli$ by s 
mu* ( su* av]age numb] ( full-"t        
employees z exce$s #ejj b does n exce$  
#a1jjj1 plus  7,,iii7 #ejj1 multipli$ by
 s mu* ( su* av]age numb] ( full-"t     
employees z exce$s #a1jjj b does note   
exce$ #b1ejj1 plus  7,,iv7 #bej1        
multipli$ by s mu* ( su* av]age numb] ( 
full-"t employees z exce$s #b1ejj b does

 n exce$ #e1jjj1 plus  7,v7 #ej1        
multipli$ by s mu* ( su* av]age numb] ( 
full-"t employees z exce$s #e1jjj4  7ii7
 ,av]age numb] ( full-"t employees ,=   
purposes ( ?is subsection1 ! av]age     
numb] ( full "t employees %all be       
det]m9$ 9 ! same mann] z su* numb] is   
det]m9$ = purposes ( det]m9+ :e!r an    
employ] is an applicable l>ge employ] = 
purposes ( section #dihj;,h7c77#b7 ( !  
,int]nal ,rev5ue ,code ( #aihf1 except  
t-- 7,i7 an individual %all n be tak5   
into acc\nt z an employee = any p]iod   
dur+ :i* sub/antially all ( ! s]vices   
provid$ by su* individual z an employee 
are provid$ outside ! ,unit$ ,/ates1 &  
7,,ii7 "u regulations provid$ by !      
,secret>y1 an individual :o p]=ms       
s]vices z an indep5d5t contractor %all  
be treat$ z an employee ( ! employ] if  
no cr$it "u ?is section is all[$ to any 
o!r employ] ) respect to su* individual4
  7#b7 ,cr$it limit$ to employm5t taxes 
,! cr$it all[$ by subsection 7a7 )      
respect to any cal5d> qu>t] %all n exce$

 ! applicable employm5t taxes 7r$uc$ by 
any cr$its all[$ "u subsections 7e7 &   
7f7 ( section #caaa ( ! ,int]nal ,rev5ue
 ,code ( #aihf1 sections #gjja & #gjjc (
 ! ,families ,fir/ ,coronavirus         
,response ,act1 & section #bcja ( !     
,,c>es ,act7 on ! wages paid ) respect  
to ! employm5t ( all ! employees ( !    
employ] = su* cal5d> qu>t]4  7#c7       
,refundability ( excess cr$it  7,a7 ,9  
g5]al ,if ! am\nt ( ! cr$it "u          
subsection 7a7 exce$s ! limitation (    
p>agraph 7#b7 = any cal5d> qu>t]1 su*   
excess %all be treat$ z an ov]paym5t t  
%all be refund$ "u sections #fdjb7;a7 & 
#fdac7;b7 ( ! ,int]nal ,rev5ue ,code (  
#aihf4  7,b7 ,treatm5t ( paym5ts ,=     
purposes ( section #acbd ( title #ca1   
,unit$ ,/ates ,code1 any am\nts due to !
 employ] "u ?is p>agraph %all be treat$ 
9 ! same mann] z a refund due f a cr$it 
provision ref]r$ to 9 subsection 7b77#b7
 ( su* section4  7c7 ,qualifi$ employee 
protection exp5ses ,= purposes ( ?is    
section1 ! t]m qualifi$ employee        

protection exp5ses means am\nts 7o!r ?an
 any qualifi$ workplace reconfiguration 
exp5se7 paid or incurr$ by ! employ] =--
 7#a7 te/+ employees ( ! employ] =      
,,covid-#ai 7includ+ on a p]iodic       
basis71  7#b7 equipm5t 7includ+ masks1  
gloves1 & dis9fectants7 & te*nology     
sy/ems us$-- 7,a7 to protect cu/om]s or 
employees ( ! employ] f contract+       
,,covid-#ai1 or  7,b7 to enhance social 
di/anc+ & contact trac+4  7#c7 clean+   
products or s]vices 7:e!r provid$ by an 
employee ( ! taxpay] or a clean+ s]vice 
provid]7 relat$ to prev5t+ ! spread (   
,,covid-#ai1 &  7#d7 su* o!r equipm5t or
 te*nology :i*-- 7,a7 is recomm5d$ z "p 
( ! ,f$]al gov]nm5t's recomm5dations =  
safe workplaces1 &  7,b7 ! ,secret>y1 9 
consultation ) ! ,secret>y ( ,heal? &   
,human ,s]vices & ! ,director ( ! ,c5t]s
 = ,disease ,control & ,prev5tion1      
det]m9es is necess>y & appropriate =    
prev5t+ ,,covid-#ai4  7d7 ,qualifi$     
workplace reconfiguration exp5ses ,=    
purposes ( ?is section--  7#a7 ,9 g5]al 

,! t]m qualifi$ workplace               
reconfiguration exp5ses means am\nts    
paid or incurr$ by ! employ] to         
evaluate1 design1 & reconfigure retail  
space1 "w areas1 break areas1 or o!r    
areas t employees or cu/om]s regul>ly   
use 9 ! ord9>y c\rse ( ! employ]'s trade
 or bus9ess if su* evaluation1 design1 &
 reconfiguration-- 7,a7 has a prim>y    
purpose ( prev5t+ ! spread (            
,,covid-#ai1  7,b7 is ) respect to an   
area t is locat$ 9 ! ,unit$ ,/ates & t  
is leas$ or own$ by ! employ]1  7,c7 is 
consi/5t ) ! ord9>y use ( ! prop]ty     
imm$iately be=e ! reconfiguration1  7,d7
 is comm5surate ) ! risks fac$ by !     
employees or cu/om]s or is consi/5t )   
recomm5dations made by ! ,c5t]s =       
,disease ,control & ,prev5tion or !     
,occupational ,safety & ,heal?          
,adm9i/ration1  7,e7 is complet$        
pursuant to a reconfiguration plan & no 
comp>able reconfiguration plan 0 9 place
 be=e ,m>* #ac1 #bjbj1 &  7,f7 is       
complet$ be=e ,janu>y #a1 #bjbb4  7#b7  

,regulations ,! ,secret>y %all prescribe
 su* regulations & o!r guidance z may be
 necess>y or appropriate to c>ry out !  
purposes ( ?is subsection1 includ+      
guidance def9+ prim>y purpose &         
reconfiguration plan4  7e7 ,qualifi$    
education & tra9+ exp5ses ,= purposes ( 
?is section-- 7#a7 ,9 g5]al ,! t]m      
qualifi$ education & tra9+ exp5ses means
 am\nt paid or incurr$ to a qualifi$    
entity = ! tra9+ employees on new       
bus9ess proc$ures relat$ to prev5t+     
,,covid-#ai transmission4  7#b7         
,qualifi$ entity ,! t]m qualifi$ entity 
means any entity c]tifi$ by ! ,secret>y 
z an accr$it$ tra9+ in/itution1 an      
indu/ry-recogniz$ trade association1 or 
a nonpr(it entity qualifi$ to provide   
tra9+ describ$ 9 p>agraph 7#a74  7f7    
,o!r def9itions ,= purposes ( ?is       
section--  7#a7 ,applicable employm5t   
taxes ,! t]m applicable employm5t taxes 
means ! foll[+3 7,a7 ,! taxes impos$ "u 
section #caaa7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf4  7,b7 ,s mu* ( ! taxes   

impos$ "u section #cbba7;a7 ( su* ,code 
z are attributable to ! rate 9 effect "u
 section #caaa7;a7 ( su* ,code4  7#b7   
,,covid-#ai ,except :]e ! context cle>ly
 indicates o!rwise1 any ref]5ce 9 ?is   
section to ,,covid-#ai %all be treat$ z 
includ+ a ref]5ce to ! virus :i* causes 
,,covid-#ai4  7#c7 ,secret>y ,! t]m     
,secret>y means ! ,secret>y ( !         
,treasury or ! ,secret>y's delegate4    
7#d7 ,o!r t]ms ,any t]m us$ 9 ?is       
section 7o!r ?an subsection             
7b77#a77;,b77 :i* is also us$ 9 *apt]   
#ba or #bb ( ! ,int]nal ,rev5ue ,code ( 
#aihf %all h ! same mean+ z :5 us$ 9 su*
 *apt]4  7g7 ,c]ta9 gov]nm5tal employ]s 
,?is section %all n apply to ! ,gov]nm5t
 ( ! ,unit$ ,/ates1 ! gov]nm5t ( any    
,/ate or political subdivision !re(1 or 
any ag5cy or in/rum5tality ( any ( !    
=ego+4  7h7 ,special rules  7#a7        
,aggregation rule ,all p]sons treat$ z a
 s+le employ] "u subsection 7a7 or 7b7 (
 section #eb ( ! ,int]nal ,rev5ue ,code 
( #aihf1 or subsection 7m7 or 7o7 (     

section #dad ( su* ,code1 %all be treat$
 z "o employ] = purposes ( ?is section4 
7#b7 ,d5ial ( d\ble b5efit ,rules simil>
 to ! rules ( section #bhj;,c7a7 ( !    
,int]nal ,rev5ue ,code ( #aihf %all     
apply = purposes ( ?is section4  7#c7   
,?ird-p>ty payors ,any cr$it all[$ "u   
?is section %all be treat$ z a cr$it    
describ$ 9 section #ceaa7;d77#b7 ( su*  
,code4  7#d7 ,election n to h section   
apply ,?is section %all n apply )       
respect to any employ] = any cal5d>     
qu>t] if su* employ] elects 7at su* "t &
 9 su* mann] z ! ,secret>y may          
prescribe7 n to h ?is section apply4    
7#e7 ,coord9ation ) pay*eck protection  
program & o!r gov]nm5t grants  7,a7     
,pay*eck protection program  7i7 ,9     
g5]al ,no cr$it %all be all[$ "u section
 ) respect to any am\nts tak5 into      
acc\nt 9 connection ) a cov]$ loan "u   
section #g7;a77#cg7 or #g;,a ( ! ,small 
,bus9ess ,act4  7ii7 ,application :]e   
loans n =giv5 ,! ,secret>y1 9           
consultation ) ! ,adm9i/rator ( ! ,small

 ,bus9ess ,adm9i/ration1 %all issue     
guidance provid+ t am\nts tak5 into     
acc\nt dur+ ! cov]$ p]iod %all n fail to
 be treat$ z qualifi$ wages "u ?is      
section by reason ( subp>agraph 7,a7 to 
! ext5t t-- 7,i7 a cov]$ loan ( !       
taxpay] "u section #g7;a77#cg7 ( !      
,small ,bus9ess ,act is n =giv5 by      
reason ( a decision "u section          
#g7;a77#cg77;,j7 ( su* ,act1 or  7,,ii7 
a cov]$ loan ( ! taxpay] "u section     
#g;,a ( ! ,small ,bus9ess ,act is n     
=giv5 by reason ( a decision "u section 
#g;,a7g7 ( su* ,act4  7,b7 ,gov]nm5t    
grants ,no cr$it %all be all[$ "u ?is   
section ) respect to any am\nt paid or  
incurr$ = prop]ty or s]vices if su*     
prop]ty or s]vices are f9anc$ ) fund+   
provid$ "u a ,f$]al1 ,/ate1 or local    
program a pr9cipal purpose ( :i* is to  
provide subsidiz$ f9anc+ = su* prop]ty  
or s]vices4  7#f7 ,exp5ses mu/ be =     
prop]ty or s]vices )9 ! ,unit$ ,/ates   
,an am\nt paid or incurr$ by ! employ]  
%all n be tak5 into acc\nt z a qualifi$ 

employee protection exp5se1 a qualifi$  
workplace reconfiguration exp5se1 or a  
qualifi$ education & tra9+ exp5se if su*
 am\nt is paid or incurr$ =-- 7,a7      
equipm5t :i* is n = use 9 ! ,unit$      
,/ates1 or  7,b7 s]vices :i* are n      
conduct$ 9 ! ,unit$ ,/ates4  7i7        
,transf]s to c]ta9 tru/ funds ,!re are  
h]eby appropriat$ to ! ,f$]al ,old-,age 
& ,survivors ,insurance ,tru/ ,fund & ! 
,f$]al ,disability ,insurance ,tru/     
,fund e/abli%$ "u section #bja ( !      
,social ,security ,act 7#db ,u4,s4,c4   
#dja7 & ! ,social ,security ,equival5t  
,b5efit ,acc\nt e/abli%$ "u section     
#ae;,a7a7 ( ! ,railroad ,retirem5t ,act 
( #aigd 7#de ,u4,s4,c4 #bcan-#a7;a77    
am\nts equal to ! r$uction 9 rev5ues to 
! ,treasury by reason ( ?is section 7)\t
 reg>d to ?is subsection74 ,am\nts      
appropriat$ 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 or ,acc\nt _h ?is    

section n be5 enact$4  7j7 ,treatm5t (  
deposits ,! ,secret>y %all waive any    
p5alty "u section #ffef ( ! ,int]nal    
,rev5ue ,code ( #aihf = any failure to  
make a deposit ( any applicable         
employm5t taxes if ! ,secret>y det]m9es 
t su* failure 0 due to ! reasonable     
anticipation ( ! cr$it all[$ "u ?is     
section4  7k7 ,regulations & guidance ,!
 ,secret>y %all prescribe su*           
regulations & o!r guidance z may be     
necess>y or appropriate to c>ry out !   
purposes ( ?is section1 includ+--  7#a7 
) respect to ! application ( ! cr$it "u 
subsection 7a7 to ?ird-p>ty payors      
7includ+ pr(essional employ]            
organizations1 c]tifi$ pr(essional      
employ] organizations1 or ag5ts "u      
section #cejd ( ! ,int]nal ,rev5ue ,code
 ( #aihf71 regulations or o!r guidance  
all[+ su* payors to submit docum5tation 
necess>y to sub/antiate ! am\nt ( !     
cr$it all[$ "u subsection 7a71  7#b7    
regulations or o!r guidance ) respect to
 am\nts paid or incurr$ by an employ] on

 behalf ( ! own] or lessee1 or paid or  
incurr$ by su* own] or lessee1 ( a      
prop]ty t is ! subject ( a managem5t    
agreem5t or o!r simil> legal arrangem5t1
 &  7#c7 regulations or o!r guidance to 
prev5t abusive transactions4  7l7       
,application ,?is section %all only     
apply to am\nts paid or incurr$ aft]    
,decemb] #ca1 #bjbj1 & be=e ,janu>y #a1 
#bjbb4  #c4 ,income tax cr$it = #bjbj   
qualifi$ workplace reconfiguration      
exp5ses  7a7 ,9 g5]al ,= purposes (     
section #ch ( ! ,int]nal ,rev5ue ,code (
 #aihf1 9 ! case ( an employ]1 ! #bjbj  
qualifi$ workplace reconfiguration cr$it
 %all be treat$ z a cr$it li/$ at ! end 
( subsection 7b7 ( su* section4 ,=      
purposes ( ?is subsection1 ! #bjbj      
qualifi$ workplace reconfiguration cr$it
 = any taxable ye> is an am\nt equal to 
#ej p]c5t ( ! qualifi$ workplace        
reconfiguration exp5ses paid or incurr$ 
by ! employ] dur+ su* taxable ye>4  7b7 
,limitation  7#a7 ,9 g5]al ,! am\nt ( ! 
cr$it all[$ "u subsection 7a7 ) respect 

to any employ] = any taxable ye> %all n 
exce$--  7,a7 #c1jjj1 multipli$ by s mu*
 ( ! av]age numb] ( full-"t employees   
employ$ by su* employ] dur+ su* taxable 
ye> z does n exce$ #ejj1 plus  7,b7 #j1 
multipli$ by s mu* ( su* av]age numb] ( 
full-"t employees z exce$s #ejj4  7#b7  
,av]age numb] ( full-"t employees ,=    
purposes ( ?is subsection1 ! av]age     
numb] ( full "t employees %all be       
det]m9$ 9 ! same mann] z su* numb] is   
det]m9$ = purposes ( det]m9+ :e!r an    
employ] is an applicable l>ge employ] = 
purposes ( section #dihj;,h7c77#b7 ( !  
,int]nal ,rev5ue ,code ( #aihf1 except  
t-- 7,a7 an individual %all n be tak5   
into acc\nt z an employee = any p]iod   
dur+ :i* sub/antially all ( ! s]vices   
provid$ by su* individual z an employee 
are provid$ outside ! ,unit$ ,/ates1 &  
7,b7 "u regulations provid$ by !        
,secret>y1 an individual :o p]=ms       
s]vices z an indep5d5t contractor %all  
be treat$ z an employee ( ! employ] if  
no cr$it "u ?is section is all[$ to any 

o!r employ] ) respect to su* individual4
  7c7 ,qualifi$ workplace               
reconfiguration exp5ses ,= purposes (   
?is section--  7#a7 ,9 g5]al ,! t]m     
qualifi$ workplace reconfiguration      
exp5ses has ! mean+ giv5 su* t]m "u     
section #b7;d74  7#b7 ,exp5ses mu/ be = 
prop]ty or s]vices )9 ! ,unit$ ,/ates   
,an am\nt paid or incurr$ by ! employ]  
%all n be tak5 into acc\nt z a qualifi$ 
workplace reconfiguration exp5se if su* 
am\nt is paid or incurr$ =--  7,a7      
equipm5t :i* is n = use 9 ! ,unit$      
,/ates1 or  7,b7 s]vices :i* are n      
conduct$ 9 ! ,unit$ ,/ates4  7d7 ,o!r   
rules  7#a7 ,aggregation rule ,all      
p]sons treat$ z a s+le employ] "u       
subsection 7a7 or 7b7 ( section #eb ( ! 
,int]nal ,rev5ue ,code ( #aihf1 or      
subsection 7m7 or 7o7 ( section #dad (  
su* ,code1 %all be treat$ z "o employ] =
 purposes ( ?is section4  7#b7 ,d5ial ( 
d\ble b5efit ,rules simil> to ! rules ( 
section #bhj;,c7a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf %all apply = purposes (   

?is section4  7#c7 ,election n to h     
section apply ,?is section %all n apply 
) respect to any employ] = any cal5d>   
qu>t] if su* employ] elects 7at su* "t &
 9 su* mann] z ! ,secret>y may          
prescribe7 n to h ?is section apply4    
7#d7 ,coord9ation ) pay*eck protection  
program & o!r gov]nm5t grants  7,a7     
,pay*eck protection program  7i7 ,9     
g5]al ,no cr$it %all be all[$ "u section
 ) respect to any am\nts tak5 into      
acc\nt 9 connection ) a cov]$ loan "u   
section #g7;a77#cg7 or #g;,a ( ! ,small 
,bus9ess ,act4  7ii7 ,application :]e   
loans n =giv5 ,! ,secret>y1 9           
consultation ) ! ,adm9i/rator ( ! ,small
 ,bus9ess ,adm9i/ration1 %all issue     
guidance provid+ t am\nts tak5 into     
acc\nt dur+ ! cov]$ p]iod %all n fail to
 be treat$ z qualifi$ wages "u ?is      
section by reason ( subp>agraph 7,a7 to 
! ext5t t-- 7,i7 a cov]$ loan ( !       
taxpay] "u section #g7;a77#cg7 ( !      
,small ,bus9ess ,act is n =giv5 by      
reason ( a decision "u section          

#g7;a77#cg77;,j7 ( su* ,act1 or  7,,ii7 
a cov]$ loan ( ! taxpay] "u section     
#g;,a ( ! ,small ,bus9ess ,act is n     
=giv5 by reason ( a decision "u section 
#g;,a7g7 ( su* ,act4  7,b7 ,gov]nm5t    
grants ,no cr$it %all be all[$ "u ?is   
section ) respect to any am\nt paid or  
incurr$ = prop]ty or s]vices if su*     
prop]ty or s]vices are f9anc$ ) fund+   
provid$ "u a ,f$]al1 ,/ate1 or local    
program a pr9cipal purpose ( :i* is to  
provide subsidiz$ f9anc+ = su* prop]ty  
or s]vices4  7e7 ,applicability ,?is    
section %all apply to qualifi$ workplace
 reconfiguration exp5ses paid or incurr$
 aft] ,m>* #ab1 #bjbj1 & be=e ,janu>y   
#a1 #bjba4