1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Tax Credit for Paid Sick and Family Leave in the Families First Coronavirus Response Act (H.R. 6201) (Updated) Molly F. Sherlock Specialist in Public Finance Updated March 17, 2020 The Families First Coronavirus Response A
2、ct (H.R. 6201) includes an employer tax credit for the paid sick and family leave required as part of this legislation. This tax credit is intended to cover the cost to businesses of providing paid leave to address the coronavirus disease (COVID-19) pandemic. This Insight provides an overview of the
3、 tax credits, including the corrections included in H.Res. 904, as passed by the House on March 16, 2020. Tax Credits for Paid Leave The employer payroll tax credit is for wages paid to fulfill the new leave requirements. The Emergency Paid Sick Leave Act, Division E of H.R. 6201 as modified by H.Re
4、s. 904, generally requires private employers with fewer than 500 employees, and all government employers, to provide employees with two workweeks of paid sick leave for certain coronavirus-related leave purposes. The Emergency Family and Medical Leave Expansion Act, Division C of H.R. 6201, as modif
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