Sec. 288. Certain technical improvements to credits for paid sick and family leave
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/bill/116/hr/133/eah/section-288A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sections 7001(c) and 7003(c) of the Families First Coronavirus Response Act are each amended— by inserting , determined without regard to paragraphs
(1)through
(22)of section 3121(b) of such Code after as defined in , and section 3121(a) of the Internal Revenue Code of 1986 by inserting , determined without regard to the sentence in paragraph
(1)thereof which begins after Such term does not include remuneration as defined in section 3231(e) of the Internal Revenue Code . Sections 7001(e)(3) and 7003(e)(3) of the Families First Coronavirus Response Act are each amended by striking Any term and inserting Except as otherwise provided in this section, any term . Sections 7001(c) and 7003(c) of the Families First Coronavirus Response Act, as amended by subsection (a), are each amended— by inserting and section 7005(a) of this Act, after determined without regard to paragraphs
(1)through
(22)of section 3121(b) of such Code , and by inserting and without regard to section 7005(a) of this Act after which begins . Such term does not include remuneration Sections 7001(e) and 7003(e) of the Families First Coronavirus Response Act, as amended by the preceding provisions of this Act, are each amended by adding at the end the following new paragraph: Any reference in this section to the tax imposed by section 3221(a) of the Internal Revenue Code of 1986 shall be treated as a reference to so much of such tax as is attributable to the rate in effect under section 3111(a) of such Code. . Section 7005(a) of the Families First Coronavirus Response Act is amended by adding the following sentence at the end of such subsection: Any reference in this subsection to the tax imposed by section 3221(a) of such Code shall be treated as a reference to so much of the tax as is attributable to the rate in effect under section 3111(a) of such Code. . Section 7005(b)(1) of the Families First Coronavirus Response Act is amended to read as follows: The credit allowed by section 7001 and the credit allowed by section 7003 shall each be increased by the amount of the tax imposed by section 3111(b) of the Internal Revenue Code of 1986 and so much of the taxes imposed under section 3221(a) of such Code as are attributable to the rate in effect under section 3111(b) of such Code on qualified sick leave wages, or qualified family leave wages, for which credit is allowed under such section 7001 or 7003 (respectively). . The amendments made by this section shall take effect as if included in the provisions of the Families First Coronavirus Response Act to which they relate.