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H.R. 6619

BillFederalHouseIn Committee
Restore America’s Main Street Act
About This Bill
Committee
Latest Action · April 24, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
April 24, 2020
Cosponsors (14)
14D 0R
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Summary

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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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