U.S. House Ways and Means Committee Members Introduce Tax Credit For Hiring Cleaning Companies
June 1, 2020
Friday, U.S. Reps. Darin LaHood (R-Ill.) and Stephanie Murphy (D-Fla.), introduced legislation known as the Clean Start Act, which would give businesses a 50 percent tax credit to hire cleaning companies and purchase other products and equipment needed to keep their businesses clean.
The lawmakers are likely to make a push to include the legislation in the next COVID-19 response package.
The 50 percent credit would apply to any purchases made through next March and the credit would be capped at $25,000 per business location and $250,000 per business entity.