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- H.R.6619
H.R.6619: Restore America's Main Street Act
About This Bill
- Introduced April 24, 2020
- Latest Major Action April 24, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (All Democrats)
Bill Version
- Introduced in House - April 24, 2020
Bill Summary
Restore America's Main Street Act 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 2019, or $120,000. The credit is also available to certain charitable organizations.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 24, 2020 |
Referred to the House Committee on Ways and Means.
|
| April 24, 2020 |
Introduced in the House by Madeleine Dean (D-Pa.) |