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- H.R.3725
H.R.3725: REST Act
About This Bill
- Introduced June 4, 2021
- Latest Major Action June 4, 2021
Bill Sponsor
Bill Version
- Introduced in House - June 4, 2021
Bill Summary
Relief and Equity for Small businesses through Tax Act or the REST Act This bill increases from 20% to 25% the rate of the tax deduction for the business income of taxpayers whose taxable income does not exceed $100,000.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 4, 2021 |
Referred to the House Committee on Ways and Means.
|
| June 4, 2021 |
Introduced in the House by Marie Newman (D-Ill.) |