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HR 6354
Small Business Assistance Act of 2020
Introduced
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
Small Business Assistance Act of 2020 This bill allows a one-time tax credit to small businesses to cover rent or mortgage payments paid or incurred by such businesses during the first four months of 2020. The credit allowable to a taxpayer may not exceed $50,000 in any taxable year.
Sponsors
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Primary sponsor
Ron Kind
HouseWIDemocratDistrict 3
Cosponsors
Mike Kelly
HousePARepublicanDistrict 16
Terri A. Sewell
HouseALDemocratDistrict 7
Tom Rice
HouseSCRepublicanDistrict 7
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