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S 551 117th Congress Senate Taxation Cardiovascular and respiratory health Emergency medical services and trauma care Employment taxes Infectious and parasitic diseases Small business Wages and earnings

Recovery Startup Assistance Act

Introduced: March 2, 2021 Introduced by: Hassan, Margaret Wood Democratic · New Hampshire See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2021
Read twice and referred to the Committee on Finance.
Mar 2, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Recovery Startup Assistance Act

This bill expands the employee retention tax credit to include recovery startup businesses. The bill defines recovery startup business as any employer that began a trade or business after February 15, 2020, had less than 50 full-time employees, and did not have gross receipts in excess of $25,000 in the preceding five-year period.

What's happening now March 2, 2021

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 551: Recovery Startup Assistance Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-551/
MLA
"S. 551: Recovery Startup Assistance Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-551/.
Bluebook (legal)
S. 551, 117th Cong. (2026), https://openamerica.io/bill/117-S-551/.
Markdown link
[S. 551: Recovery Startup Assistance Act](https://openamerica.io/bill/117-S-551/)
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