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Small Business Assistance Act of 2020

USA116th CongressHR-6354| House 
| Updated: 3/23/2020
Ron Kind

Ron Kind

Democratic Representative

Wisconsin

Cosponsors (3)
Terri A. Sewell (Democratic)Mike Kelly (Republican)Tom Rice (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Ways and Means.
  • March 23, 2020
    Introduced in House


  • March 23, 2020
    Referred to the House Committee on Ways and Means.

Taxation

Administrative law and regulatory proceduresBusiness expensesDepartment of the TreasuryFraud offenses and financial crimesIncome tax creditsSmall businessTax administration and collection, taxpayers

Small Business Assistance Act of 2020

USA116th CongressHR-6354| House 
| Updated: 3/23/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Ways and Means.
  • March 23, 2020
    Introduced in House


  • March 23, 2020
    Referred to the House Committee on Ways and Means.
Ron Kind

Ron Kind

Democratic Representative

Wisconsin

Cosponsors (3)
Terri A. Sewell (Democratic)Mike Kelly (Republican)Tom Rice (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBusiness expensesDepartment of the TreasuryFraud offenses and financial crimesIncome tax creditsSmall businessTax administration and collection, taxpayers