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- H.R.7707
H.R.7707: PLUS Act of 2020
About This Bill
- Introduced July 21, 2020
- Latest Major Action July 21, 2020
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Version
- Introduced in House - July 21, 2020
Bill Summary
Providing Liquidity for Uncollectible Sales Act of 2020 or as the PLUS Act of 2020 This bill allows a new tax credit for the uncollectible accounts receivable of an eligible wholesale distributor. The bill defines an eligible wholesale distributor as any person engaged in the trade or business of selling inventory to a food and beverage establishment that ceases to provide on-premises consumption of food and beverage on or after March 25,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 21, 2020 |
Referred to the Subcommittee on Select Revenue Measures.
|
| July 21, 2020 |
Referred to the House Committee on Ways and Means.
|
| July 21, 2020 |
Introduced in the House by Darin M. LaHood (R-Ill.) |