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H.R. 6354

Small Business Assistance Act of 2020

Small Business Assistance Act of 2020

This bill allows a one-time tax credit to small businesses to cover rent or mortgage payments paid or incurred by such businesses during the first four months of 2020. The credit allowable to a taxpayer may not exceed $50,000 in any taxable year.

Referred to the House Committee on Ways and Means.

Rep. Kind, Ron [D-WI-3](D-WI)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees3actions7subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Small Business Assistance Act of 2020 — Informed