HR 6619
116th Congress
House
Taxation
Income tax credits
Small business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Restore America’s Main Street Act
Introduced: April 24, 2020
Introduced by:
Dean, Madeleine
Democratic
· Pennsylvania
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 24, 2020
Referred to the House Committee on Ways and Means.
Apr 24, 2020
Introduced in House
Plain-English summary
Restore America's Main Street Act
This bill provides a small business with $1.5 million or less in gross receipts and not more than 50 full-time employees a refundable tax credit (rebate) equal to the lesser of 30% of its gross receipts for the first taxable year beginning in 2019, or $120,000. The credit is also available to certain charitable organizations.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1