HR 6619
Restore America’s Main Street Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
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.
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Primary sponsor
Cosponsors
Alcee L. Hastings
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