118th Congress · SENATE BILLBILL

S. 1944 — CERTS Tax Exemption Act

“A bill to exempt grants received under the Coronavirus Economic Relief for Transportation Services (CERTS) Act from Federal taxation.”

Taxation

Introduced Jun 13, 2023

Last action Jun 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 13, 2023

Step 2

Referred

Jun 13, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill excludes from the gross income of an eligible provider of transportation services, for income tax purposes, grant amounts received under the Coronavirus Economic Relief for Transportation Services Act.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jun 13, 2023

Introduced in Senate

Jun 13, 2023

Read twice and referred to the Committee on Finance.