Bill117th CongressFiled Jan 28, 2021Taxation
H.R. 524
Restore America’s Main Street Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 28, 2021)
Restore America's Main Street Act of 2021
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 2021, or $120,000. The credit is also available to certain charitable organizations.
What just happenedJan 28, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Dean, Madeleine [D-PA-4](D-PA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions4subjects
- Introduced in HouseJan 28, 2021
- Jan 28, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 28, 2021IntroReferralIntro-H
Introduced in House
- Jan 28, 2021IntroReferral1000
Introduced in House