H.R.2409: Main Street Revival Act

About This Bill

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Main Street Revival Act Amends the Internal Revenue Code to allow a specified small business to pay its first-year employment taxes in four annual installments. 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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with H.R.2409.

Bill Actions

Date Description
May 19, 2015
Referred to the House Committee on Ways and Means.
May 19, 2015

Introduced in the House by Eric Swalwell (D-Calif.)

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