Bloomberg Law
July 10, 2019, 11:46 PMUpdated: July 11, 2019, 5:50 PM

Small Business Tax Credit Floated for $15 Minimum Wage Bill (2)

Jaclyn Diaz
Jaclyn Diaz

Negotiations continue over House Democrats’ $15-an-hour minimum wage bill, with a new tax credit proposed for small businesses as the proposal moves toward a floor vote next week.

The Raise the Wage Act (H.R. 582) is one of the Democratic Party’s signature workforce reforms this year. Some in the party have continued to express concern that the bill goes too far in rural communities and for small businesses.

In an attempt to address those concerns, Alabama Democrat Rep. Terri Sewell is floating a proposal that would introduce a tax credit for small businesses to help them absorb the ...

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