Title: Construction Jobs During Coronavirus Act
Policy area: Taxation

Summary:
Construction Jobs During Coronavirus Act
This bill assigns a zero tax rate on the taxable income of taxpayers engaged in the trade or business of home construction during the period beginning on January 1, 2020, and ending on the date on which the COVID-19 (i.e., coronavirus disease 2019) public health emergency ends.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7874 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 7874

  To temporarily provide a zero rate of Federal income tax on income 
  properly attributable to the trade or business of home construction.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 30, 2020

   Mr. Harder of California introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To temporarily provide a zero rate of Federal income tax on income 
  properly attributable to the trade or business of home construction.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Construction Jobs During Coronavirus 
Act''.

SEC. 2. ZERO RATE OF FEDERAL INCOME TAX ON INCOME PROPERLY ATTRIBUTABLE 
              TO THE TRADE OR BUSINESS OF HOME CONSTRUCTION.

    (a) In General.--In the case of any specified taxable year of a 
taxpayer engaged in the trade or business of home construction, the 
rate of tax imposed under section 1 or 15 of the Internal Revenue Code 
of 1986 on so much of the taxpayer's taxable income as is properly 
allocable to such trade or business shall be zero percent.
    (b) Trade or Business of Home Construction.--For purposes of this 
section, the term ``trade or business of home construction'' means the 
trade or business of constructing dwelling units in the United States. 
Such term shall include the construction of components of such dwelling 
units only if such construction is performed at the location of the 
final assembly of such dwelling unit. Such term shall not include any 
trade or business if such trade or business consists of services 
rendered as an employee.
    (c) Specified Taxable Year.--For purposes of this section, the term 
``specified taxable year'' means any taxable year beginning during the 
period beginning on January 1, 2020, and ending on the date on which 
the nationwide public health emergency declared under section 319 of 
the Public Health Service Act as a result of COVID-19 ends.
    (d) Regulations.--The Secretary of the Treasury (or the Secretary's 
designee) shall issue such regulations or other guidance as may be 
necessary or appropriate to carry out this section, including 
regulations or other guidance providing for the proper application of 
sections 1 and 15 of the Internal Revenue Code of 1986 to taxable 
income to which subsection (a) of this section does not apply.
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