EMA Urges President Biden To Support Healthy Workplaces Tax Credit
EMA has joined a coalition of 50 associations representing millions of employees and many millions more customers in asking President Biden to include the bipartisan “Healthy Workplaces Tax Credit Act” (S. 537 and H.R. 1944) in the next federal legislative package to protect the safety of workers, customers, and the public.
Sponsored by Senator’s Kyrsten Sinema (D-AZ) and Rob Portman (R-OH), and Representative’s Tom Rice (R-SC), Stephanie Murphy (D-FL), Darin LaHood (R-IL), and Jimmy Panetta (D-CA), the bipartisan legislation would create a targeted and temporary tax credit available to business entities and nonprofits for qualified expenses.
The bill would allow a refundable tax credit against payroll taxes for 50 percent of the costs incurred by a business for increased testing, personal protective equipment (PPE), disinfecting, extra cleaning, reconfiguring workspaces to adhere to social distancing guidelines and training and education on the prevention of COVID-19 transmission.
In the letter, the coalition says, “According to the National Safety Council, employers have already spent an average of $5,208 per employee on various workplace safety practices since the onset of the COVID-19 pandemic. Despite the Paycheck Protection Program and other relief programs, many businesses and nonprofits are still struggling financially and should not have to decide between safety and going out of business.”