Main Street Revival Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 1, 2020)
Main Street Revival Act of 2020
This bill allows a specified small business to elect to pay its first-year employment taxes in four equal installments. The bill defines specified small business as any HUBZone business (a business operating in a historically underutilized business zone as defined by the Small Business Act) that is not reasonably expected to employ more than 25 full-time employees in its first year of operation.
What just happenedJul 1, 2020
Referred to the Subcommittee on Select Revenue Measures.
Who’s behind it
- Introduced in HouseJul 1, 2020
- Jul 1, 2020Committee
Referred to the Subcommittee on Select Revenue Measures.
Tax Subcommittee - Jul 1, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 1, 2020IntroReferralIntro-H
Introduced in House
- Jul 1, 2020IntroReferral1000
Introduced in House