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Main Street Revival Act of 2020

USA116th CongressHR-7473| House 
| Updated: 7/1/2020
Eric Swalwell

Eric Swalwell

Democratic Representative

California

Cosponsors (2)
John Katko (Republican)Harley Rouda (Democratic)

Ways and Means Committee, Tax Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Main Street Revival Act of 2020 This bill allows a specified small business to elect to pay its first-year employment taxes in four equal installments. The bill defines specified small business as any HUBZone business (a business operating in a historically underutilized business zone as defined by the Small Business Act) that is not reasonably expected to employ more than 25 full-time employees in its first year of operation.
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Timeline
Jul 1, 2020
Introduced in House
Jul 1, 2020
Referred to the House Committee on Ways and Means.
Jul 1, 2020
Referred to the Subcommittee on Select Revenue Measures.
  • July 1, 2020
    Introduced in House
  • July 1, 2020
    Referred to the House Committee on Ways and Means.
  • July 1, 2020
    Referred to the Subcommittee on Select Revenue Measures.

Taxation

Related Bills

  • S 116-4382: A bill to direct the Joint Committee on the Library to replace the bust of Roger Brooke Taney in the Old Supreme Court Chamber of the Capitol with a bust of Thurgood Marshall to be obtained by the Joint Committee on the Library and to remove certain statues from areas of the Capitol which are accessible to the public, to remove all statues of individuals who voluntarily served the Confederate States of America from display in the Capitol, and for other purposes.
Bank accounts, deposits, capitalDebt collectionEconomic performance and conditionsEmployment taxesSmall businessTax administration and collection, taxpayers

Main Street Revival Act of 2020

USA116th CongressHR-7473| House 
| Updated: 7/1/2020
Main Street Revival Act of 2020 This bill allows a specified small business to elect to pay its first-year employment taxes in four equal installments. The bill defines specified small business as any HUBZone business (a business operating in a historically underutilized business zone as defined by the Small Business Act) that is not reasonably expected to employ more than 25 full-time employees in its first year of operation.
View Full Text

Suggested Questions

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

Timeline
Jul 1, 2020
Introduced in House
Jul 1, 2020
Referred to the House Committee on Ways and Means.
Jul 1, 2020
Referred to the Subcommittee on Select Revenue Measures.
  • July 1, 2020
    Introduced in House
  • July 1, 2020
    Referred to the House Committee on Ways and Means.
  • July 1, 2020
    Referred to the Subcommittee on Select Revenue Measures.
Eric Swalwell

Eric Swalwell

Democratic Representative

California

Cosponsors (2)
John Katko (Republican)Harley Rouda (Democratic)

Ways and Means Committee, Tax Subcommittee

Taxation

Related Bills

  • S 116-4382: A bill to direct the Joint Committee on the Library to replace the bust of Roger Brooke Taney in the Old Supreme Court Chamber of the Capitol with a bust of Thurgood Marshall to be obtained by the Joint Committee on the Library and to remove certain statues from areas of the Capitol which are accessible to the public, to remove all statues of individuals who voluntarily served the Confederate States of America from display in the Capitol, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalDebt collectionEconomic performance and conditionsEmployment taxesSmall businessTax administration and collection, taxpayers