We’re looking to learn more about who uses GovTrack and what features you find helpful or think could be improved. on Oct 5, 2020, “Washington Watch - 10/5/20” For small businesses seeking direct relief from COVID-19, CLICK HERE to learn more about Paycheck Protection Loans. Our public interest mission means we will never put our service behind a paywall. U.S. Department of Labor Cites Dollar Tree Store For Trip and Fall Hazards at Alabama Location, U.S. Department of Labor Cites Florida Roofing Contractor for Exposing Employees to Fall Hazards at Port Saint Lucie Worksites, Severe Storm and Flood Recovery Assistance. You’re more than a vote, so support GovTrack today with a tip of any amount: Or keep using GovTrack for free! Please sign up for our advisory group to be a part of making GovTrack a better tool for what you do. The CARES Act provides fast and direct economic assistance for American workers, families, and small businesses, and preserve jobs for our American industries. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act, signed by President Trump on March 18, 2020. .table thead th {background-color:#f1f1f1;color:#222;} To modify the Federal cost share of certain emergency assistance provided under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, to modify the activities eligible for assistance under the emergency declaration issued by the President on March 13, 2020, relating to COVID-19, and for other purposes. The agreement was signed on April 11th, 2020. The University of Florida received $15,523,206.00 on May 1, 2020 for students to fund the Federal Emergency Financial Aid Grants. Removing Monetary Barriers to Voting Act would overturn appeals court decision preventing many…, Bill would require mail-in ballots for federal offices arrive by  DIVISION E--EMERGENCY PAID SICK LEAVE ACT Emergency Paid Sick Leave Act The bill's primary sponsor is from the state/territory: OR. (More Info). This is the one from the 116th Congress. Now we’re on Instagram too! Following supplemental funding for government agencies and individual-focused legislation, the President is expected to sign Phase III legislation in the CARES Act after it clears the House in response to the COVID-19 crisis. If an eligible employer paid $5,000 in sick leave and is otherwise required to deposit $8,000 in payroll taxes, including taxes withheld from all its employees, the employer could use up to $5,000 of the $8,000 of taxes it was going to deposit for making qualified leave payments. |author=116th Congress (2020) We’re looking for feedback from educators about how GovTrack can be used and improved for your classroom. Follow @govtrack.us on Instagram for new 60-second summary videos of legislation in Congress. Under guidance that will be released next week, eligible employers who pay qualifying sick or child-care leave will be able to retain an amount of the payroll taxes equal to the amount of qualifying sick and child-care leave that they paid, rather than deposit them with the IRS. .paragraph p, blockquote {margin-bottom:1em;} We hope to make GovTrack more useful to policy professionals like you. Because you are a member of panel, your positions on legislation and notes below will be shared with the panel administrators. The bill’s titles are written by its sponsor. It provided $8.3 billion to federal agencies to respond to the pandemic. The Paycheck Protection Program is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead. As Secretary, Mr. Mnuchin is responsible for the U.S. Treasury, whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity at home and abroad. October 29, 2020 . The employers then are required to deposit these federal taxes, along with their share of Social Security and Medicare taxes, with the IRS and file quarterly payroll tax returns (, For more information about these credits and other relief, visit. You are encouraged to reuse any material on this site. The .gov means it’s official. We love educating Americans about how their government works too! WASHINGTON, DC – Today the U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. |work=Legislation Self-employed individuals receive an equivalent credit. Election Day, banning those…, What are the 13 tied Senate votes broken by Vice President Mike Pence, the most of any veep since…, Congressman Panetta, Colleagues Introduce Legislation to Reduce Financial Burdens on States and Communities Facing Emergencies, including Wildfires, amid the COVID-19 Pandemic. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. The bill's primary sponsor is a Democrat. The employer would only be required under the law to deposit the remaining $3,000 on its next regular deposit date. Equivalent child-care leave and sick leave credit amounts are available to self-employed individuals under similar circumstances. And starting in 2019 we’ll be tracking Congress’s oversight investigations of the executive branch. You’ve cast your vote. .agency-blurb-container .agency_blurb.background--light { padding: 0; } Equivalent credits are available to self-employed individuals based on similar circumstances. DMACC was not provided access to any federal funds in order to provide emergency grants under the CARES act until April 21st, 2020. If there are not sufficient payroll taxes to cover the cost of qualified sick and child care leave paid, employers will be able file a request for an accelerated payment from the IRS. When employers pay their employees, they are required to withhold from their employees’ paychecks federal income taxes and the employees' share of Social Security and Medicare taxes.