3 votes

What happens if a bill passes the House with a provision that sunsets before the Senate hears it?

"Expiring" a tax credit means that the credit can no longer be claimed after the expiration date. From the bill itself, section 602(h): no credit or refund of any COVID-related employee ...
Bobson's user avatar
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1 vote

What happens if a bill passes the House with a provision that sunsets before the Senate hears it?

The COVID Employee Retention Credit is a "refundable tax credit for certain eligible businesses and tax-exempt organizations." which turned into hotbed of scams and fraud. The IRS stopped ...
Kelvin Sherlock's user avatar

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